Flag Brazil / Cuba Flag

Exports FlagFlag  (2018): $343M, Rnk 63 / 216

Top Product FlagFlag (2018): $85.1M, Poultry Meat

Exports FlagFlag (2018): $30.9M, Rnk 10 / 114

Top Product FlagFlag (2018): $14.8M, Blood, antisera, vaccines, toxins and cultures

Economic Complexity of Flag (2018): ECI 0.62, Rnk 39 / 137

Economic Complexity of Flag (2018): ECI -0.54, Rnk 92 / 137

Brazil-Cuba: In 2018, Brazil exported $343M to Cuba. The main products exported from Brazil to Cuba were Poultry Meat ($85.1M), Soybean Meal ($50.8M), and Rice ($27.3M). During the last 23 years the exports of Brazil to Cuba have increased at an annualized rate of 9.55%, from $42.1M in 1995 to $343M in 2018.

Cuba-Brazil: In 2018, Cuba exported $30.9M to Brazil. The main products exported from Cuba to Brazil were Blood, antisera, vaccines, toxins and cultures ($14.8M), Semi-Finished Iron ($14.2M), and Rolled Tobacco ($1.36M). During the last 23 years the exports of Cuba to Brazil have decreased at an annualized rate of 0.94%, from $38.4M in 1995 to $30.9M in 2018.

Comparison: In 2018, Brazil ranked 39 in the Economic Complexity Index (ECI 0.62), and 25 in total exports ($242B). That same year, Cuba ranked 92 in the Economic Complexity Index (ECI -0.54), and 146 in total exports ($1.18B). N/A

Bilateral Trade by Products

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Depth
Value

In 2018, Brazil exported $343M to Cuba. The main products exported from Brazil to Cuba were Poultry Meat ($85.1M), Soybean Meal ($50.8M), and Rice ($27.3M). During the last 23 years the exports of Brazil to Cuba have increased at an annualized rate of 9.55%, from $42.1M in 1995 to $343M in 2018.

In 2018, Cuba exported $30.9M to Brazil. The main products exported from Cuba to Brazil were Blood, antisera, vaccines, toxins and cultures ($14.8M), Semi-Finished Iron ($14.2M), and Rolled Tobacco ($1.36M). During the last 23 years the exports of Cuba to Brazil have decreased at an annualized rate of 0.94%, from $38.4M in 1995 to $30.9M in 2018.

Market Competitiveness

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Measure

Brazil
Top Destination
: China, $64.3B

Cuba
Top Destination
: China, $446M

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 2018, countries that imported more from Brazil than Cuba were China ($64.3B), United States ($29.3B), and Argentina ($15B).

In 2018, countries that imported more from Cuba than Brazil were Andorra ($3.69M).

Comparative Advantage Brazil - Cuba

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Depth

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

During 2018, Brazil had a large net trade with Cuba in the exports of Animal Products ($92M), Foodstuffs ($81.2M), and Vegetable Products ($55.8M).

During 2018, Cuba had a large net trade with Brazil in the exports of Chemical Products ($14.9M), Metals ($14.2M), and Foodstuffs ($1.54M).

Tariff Section

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This sections shows import tariffs for products traded between Brazil and Cuba (using the HS6 product classification and the last year reported).

In 2018, the products from Brazil that paid the highest import tariffs to enter Cuba were Diesel powered buses (35%) and Vehicles; public transport type (carries 10 or more persons, including driver), with both compression-ignition internal combustion piston engine (diesel or semi-diesel) and electric motor for propulsion, new or used (35%).

In 2017, the products from Cuba that paid the highest import tariffs to enter Brazil were Dairy produce: dairy spreads (30%) and Mandarin, clementine & citrus hybrids, fresh or dried (30%).

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*The tariffs present between Brazil and Cuba are:
23: AAP.AG N° 02 - Acuerdo de Alcance Parcial para la Liberación y Expansión del Comercio Intrarregional de Semillas Suscrito por el Art. 12 del TM80
64: AAP.CE N° 62 - Complementación Económica entre Argentina, Brasil, Paraguay, Uruguay y Cuba
64: AAP.CE N° 62 - Complementación Económica entre Argentina, Brasil, Paraguay, Uruguay y Cuba
82: AR.CEYC N° 7 Acuerdo de Cooperación e Intercambio en las Áreas Cultural, Educacional y Científica (Argentina, Bolivia, Brasil, Chile, Colombia, Cuba, Ecuador, México, Panamá, Paraguay, Perú, Uruguay)
83: AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador México Panamá Paraguay Perú Uruguay Venezuela)
83: AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador México Panamá Paraguay Perú Uruguay Venezuela)
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement
195: Preferential tariff for Cuba
336: Preferential tariff under (GSTP) Global System of Trade Preferences among Developing Countries
336: Preferential tariff under (GSTP) Global System of Trade Preferences among Developing Countries

Trade Forecasts

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This section shows a forecast for total trade between Brazil and Cuba. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

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Economic Complexity

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Competitive Landscape

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