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Pricing

2022
Flag → Flag
Exports $290MRnk 80 / 223
2022
Flag → Flag
Top Product $95MSoybean Oil
2022
Flag → Flag
Exports $2.86MRnk 37 / 123
2022
Flag → Flag
Top Product $2.4MRolled Tobacco
2022
Flag
Economic Complexity (ECI) ECI 0.36Rnk 49 / 133
2022
Flag  
GDP$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP GROWTH-22.1%CURRENT US$
Rnk 180 / 186
2022
Flag
GDP PC $8,918CURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP PC GROWTH-27.7%CURRENT US$
Rnk 177 / 186

About

Brazil-Cuba Trade: In 2022, Brazil exported $290M to Cuba. The main products that Brazil exported to Cuba were Soybean Oil ($95M), Rice ($49.8M), and Poultry Meat ($37.9M). Over the past 5 years the exports of Brazil to Cuba have decreased at an annualized rate of 5.62%, from $387M in 2017 to $290M in 2022.

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

Cuba-Brazil Trade: In 2022, Cuba exported $2.86M to Brazil. The main products that Cuba exported to Brazil were Rolled Tobacco ($2.4M), Hard Liquor ($254k), and Vaccines, blood, antisera, toxins and cultures ($68.9k). Over the past 5 years the exports of Cuba to Brazil have decreased at an annualized rate of 14.8%,  from $22.8M in 2017 to $2.86M in 2022.

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

Comparison In 2022,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.36),  and 25 in total exports ($341B). That same year, Cuba ranked 161 in total exports ($1.07B), and does not have data regarding Economic Complexity Index.

Latest Trends

October, 2024

About

Overview In October 2024, Brazil exported $13M and imported $286k from Cuba, resulting in a positive trade balance of $12.7M. Between October 2023 and October 2024 the exports of Brazil have increased by $684k (5.57%) from $12.3M to $13M, while imports increased by $171k (149%) from $115k to $286k.

Trade In October 2024, the top exports of Brazil to Cuba were Soybean Oil ($10.1M), Poultry Meat ($2.02M), Coffee ($1.37M), Raw Tobacco ($702k), and Hard Liquor ($539k). In October 2024 the top imports of Brazil from Cuba were Rolled Tobacco ($84.7k), Other Mineral ($18.1k), and Vaccines, blood, antisera, toxins and cultures ($7.84k).

Origins In October 2024 the exports of Brazil were mainly from Rio Grande do Sul ($2.77M), Roraima ($2.45M), São Paulo ($2.14M), Paraná ($1.72M), and Pará ($1.24M), while imports destinations were mainly Espírito Santo ($252k) and Minas Gerais ($33.5k).

Growth In October 2024, the increase in Brazil's year-by-year exports to Cuba was explained primarily by an increase in product exports in High-voltage Protection Equipment ($226k or 2.27k%), Cutting Blades ($143k or 804%), and Electric Batteries ($79k or 59.4%). In October 2024, the increase in Brazil's year-by-year imports  from Cuba was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (October 2023 - October 2024)$684k(5.57%)
IMPORT GROWTH (October 2023 - October 2024)$171k(149%)
MAIN EXPORTER (October 2024)Rio Grande do Sul$2.77M

This section shows exports and imports data at subnational level for Brazil. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Brazil over time.

To check Cuba and Brazil trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Brazil exported $290M to Cuba. The main products exported from Brazil to Cuba were Soybean Oil ($95M), Rice ($49.8M), and Poultry Meat ($37.9M). During the last 5 years the exports of Brazil to Cuba have decreased at an annualized rate of 5.62%, from $387M in 2017 to $290M in 2022.

In 2017, Cuba exported $2.86M to Brazil. The main products exported from Cuba to Brazil were Rolled Tobacco ($2.4M), Hard Liquor ($254k), and Vaccines, blood, antisera, toxins and cultures ($68.9k). During the last 5 years the exports of Cuba to Brazil have decreased at an annualized rate of 14.8%, from $22.8M in 2022 to $2.86M in 2017.

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

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

Market Competitiveness

Color
Brazil
Top DestinationChina$90.1B
Cuba
Top DestinationChina$426M

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

In 2022, countries that imported more from Brazil than Cuba included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

In 2022, countries that imported more from Cuba than Brazil included Andorra ($4.23M).

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

Comparative Advantage Brazil - Cuba

Flow
Scale

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

During 2022, Brazil had a large net trade with Cuba in the exports of Animal and Vegetable Bi-Products ($95.1M), Vegetable Products ($74.2M), and Animal Products ($45.1M).

During 2017, Cuba had a large net trade with Brazil in the exports of Foodstuffs ($2.66M), Chemical Products ($68.9k), and Mineral Products ($67.1k).

Economic Complexity

Competitive Landscape

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

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

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