2022
Flag  
GDP
$471BCURRENT US$
Rnk 32 / 186
2012-2022
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GDP GROWTH
15.1%CURRENT US$
Rnk 137 / 186
2022
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GDP PC 
$52,131CURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP PC GROWTH
7.34%CURRENT US$
Rnk 124 / 186

About

Austria-Cuba In 2022, Austria exported $5.06M to Cuba. The main products that Austria exported to Cuba are Flavored Water ($1.28M), Large Construction Vehicles ($1.23M), and Vaccines, blood, antisera, toxins and cultures ($554k). During the last 27 years the exports of Austria to Cuba have increased at an annualized rate of 5.94%, from $1.07M in 1995 to $5.06M in 2022.

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

Cuba-Austria In 2022, Cuba exported $358k to Austria. The main products that Cuba exported to Austria were Honey ($227k), Other Processed Fruits and Nuts ($109k), and Hard Liquor ($7.1k). During the last 27 years the exports of Cuba to Austria have decreased at an annualized rate of 3.73%, from $999k in 1995 to $358k 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
Value

In 2022, Austria exported $5.06M 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 27 years the exports of Austria to Cuba have increased at an annualized rate of 5.94%, from $1.07M in 1995 to $5.06M in 2022.

In 2022, Cuba exported $358k 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 27 years the exports of Cuba to Austria have decreased at an annualized rate of 3.73%, from $999k in 1995 to $358k in 2022.

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

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

Latest Data

Trade between Austria (Flag) and Cuba (Flag)

Austria Exports

Market Competitiveness

Color
Austria
Top Destination
Germany$57.7B
Cuba
Top Destination
China$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 2021, countries that imported more from Austria than Cuba were Germany ($57.7B), United States ($14.4B), and Italy ($13.6B).

In 2021, countries that imported more from Cuba than Austria were Macau ($28.9M).

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

Comparative Advantage Austria - Cuba

Flow
Scale

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 2022, Cuba had a large net trade with Austria in the exports of Animal Products ($227k), Foodstuffs ($116k), and Paper Goods ($6.64k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Austria has comparative advantage over Cuba. Similarly, the more yellow a dot/product is, the more Cuba has comparative advantage over Austria.

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

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