Austria (AUT) and Cuba (CUB) Trade | The Observatory of Economic Complexity

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Austria-Cuba Trade: In 2022, Austria exported $20.4M to Cuba. The main products that Austria exported to Cuba were Flavored Water ($1.28M), Large Construction Vehicles ($1.23M), and Vaccines, blood, antisera, toxins and cultures ($554k). Over the past 5 years the exports of Austria to Cuba have increased at an annualized rate of 80.4%, from $1.07M in 2017 to $20.4M in 2022.

In 2022, Austria did not export any services to Cuba.

Cuba-Austria Trade: In 2022, Cuba exported $1.86M to Austria. The main products that Cuba exported to Austria were Honey ($227k), Other Processed Fruits and Nuts ($109k), and Hard Liquor ($7.1k). Over the past 5 years the exports of Cuba to Austria have increased at an annualized rate of 13.2%, from $999k in 2017 to $1.86M in 2022.

In 2022, Cuba did not export any services to Austria.

Comparison In 2022, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B). That same year, Cuba ranked 161 in total exports ($1.07B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Austria exported $20.4M to Cuba. The main products exported from Austria to Cuba were Flavored Water ($1.28M), Large Construction Vehicles ($1.23M), and Vaccines, blood, antisera, toxins and cultures ($554k). During the last 5 years the exports of Austria to Cuba have increased at an annualized rate of 80.4%, from $1.07M in 2017 to $20.4M in 2022.

In 2017, Cuba exported $1.86M to Austria. The main products exported from Cuba to Austria were Honey ($227k), Other Processed Fruits and Nuts ($109k), and Hard Liquor ($7.1k). During the last 22 years the exports of Cuba to Austria have increased at an annualized rate of 13.2%, from $999k in 1995 to $1.86M in 2017.

Exports from Austria () to Cuba () (2022)

Exports from Cuba () to Austria () (2022)

Latest Data

Trade between Austria () and Cuba ()

Austria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Austria
Top DestinationGermany$57.7B

Cuba
Top DestinationChina$426M

This map shows whether countries import more from Austria or Cuba. Each country is colored based on the difference in imports they receive from Austria and Cuba or the difference in the growth in imports.

In 2022, countries that imported more from Austria than Cuba included Germany ($57.7B), United States ($14.4B), and Italy ($13.6B).

In 2022, countries that imported more from Cuba than Austria included Macau ($28.9M).

Difference in imports from Cuba () and Austria () (2022)

Comparative Advantage Austria - Cuba

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Austria and Cuba by product, considering products traded by both, Austria and Cuba.

During 2022, Austria had a large net trade with Cuba in the exports of Machines ($1.58M), Foodstuffs ($1.29M), and Chemical Products ($975k).

During 2017, Cuba had a large net trade with Austria in the exports of Animal Products ($227k), Foodstuffs ($116k), and Paper Goods ($6.64k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Austria and Cuba. This means that a dot/product with the flag of Austria indicates it has a comparative advantage over Cuba. Similarly, a dot/product with the flag of Cuba indicates it has a comparative advantage over Austria.

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Historical Data

Bilateral Trade by Products

Exports from Austria () to Cuba () (2022)

Exports from Cuba () to Austria () (2022)

Latest Data

Trade between Austria () and Cuba ()

Austria Exports

Market Competitiveness

Difference in imports from Cuba () and Austria () (2022)

Comparative Advantage Austria - Cuba

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Austria () and Cuba () (2022)

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