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2023
Flag → Flag
Exports $220MRnk 88 / 221
2023
Flag → Flag
Top Product $48.8MSoybean Oil
2023
Flag → Flag
Exports $2.32MRnk 40 / 121
2023
Flag → Flag
Top Product $1.93MRolled Tobacco
2023
Flag
Economic Complexity (ECI) ECI 0.31Rnk 49 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.42Rnk 82 / 132
2023
Flag  
GDP$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP GROWTH-12.1%CURRENT US$
Rnk 184 / 195
2023
Flag
GDP PC $10,295CURRENT US$
Rnk 89 / 195
2013-2023
Flag
GDP PC GROWTH-17.4%CURRENT US$
Rnk 175 / 195

About

Brazil-Cuba Trade: In 2023, Brazil exported $220M to Cuba. The main products that Brazil exported to Cuba were Soybean Oil ($48.8M), Rice ($33.7M), and Poultry Meat ($29.7M). Over the past 5 years the exports of Brazil to Cuba have decreased at an annualized rate of 11.6%, from $408M in 2018 to $220M in 2023.

In 2023, Brazil did not export any services to Cuba.

Cuba-Brazil Trade: In 2023, Cuba exported $2.32M to Brazil. The main products that Cuba exported to Brazil were Rolled Tobacco ($1.93M), Hard Liquor ($262k), and Other Mineral ($74.6k). Over the past 5 years the exports of Cuba to Brazil have decreased at an annualized rate of 43.7%,  from $40.9M in 2018 to $2.32M in 2023.

In 2023, Cuba did not export any services to Brazil.

Comparison: In 2023,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.31), and 22 in total exports ($355B). That same year, Cuba ranked 82 in the Economic Complexity Index (ECI -0.42), and 159 in total exports ($1.05B).

Latest Trends

December, 2024

About

Overview In December 2024, Brazil exported $17.8M and imported $252k from Cuba, resulting in a positive trade balance of $17.6M. Between December 2023 and December 2024 the exports of Brazil have decreased by $-5.84M (-24.7%) from $23.7M to $17.8M, while imports increased by $133k (111%) from $119k to $252k.

Trade In December 2024, the top exports of Brazil to Cuba were Soybean Oil ($7.77M), Poultry Meat ($3.24M), Sausages ($1.93M), Coffee ($1.47M), and Raw Sugar ($1.36M). In December 2024 the top imports of Brazil from Cuba were Rolled Tobacco ($205k) and Other Mineral ($10.5k).

Origins In December 2024 the exports of Brazil were mainly from São Paulo ($4.99M), Paraná ($4.31M), Rio Grande do Sul ($3.28M), Mato Grosso do Sul ($1.31M), and Minas Gerais ($1.04M), while imports destinations were mainly Espírito Santo ($247k), Minas Gerais ($3.6k), and Rio de Janeiro ($884).

Growth In December 2024, the decrease in Brazil's year-by-year exports to Cuba was explained primarily by an decrease in product exports in Soybean Oil ($-2.32M or -23%), High-voltage Protection Equipment ($-225k or -95.5%), and Hard Liquor ($-212k or -39.4%). In December 2024, the increase in Brazil's year-by-year imports  from Cuba was explained primarily by an increase in product imports  in Rolled Tobacco ($120k or 141%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$-5.84M(-24.7%)
IMPORT GROWTH (December 2023 - December 2024)$133k(111%)
MAIN EXPORTER (December 2024)São Paulo$4.99M

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 2023, Brazil exported $220M to Cuba. The main products exported from Brazil to Cuba were Soybean Oil ($48.8M), Rice ($33.7M), and Poultry Meat ($29.7M). During the last 5 years the exports of Brazil to Cuba have decreased at an annualized rate of 11.6%, from $408M in 2018 to $220M in 2023.

In 2018, Cuba exported $2.32M to Brazil. The main products exported from Cuba to Brazil were Rolled Tobacco ($1.93M), Hard Liquor ($262k), and Other Mineral ($74.6k). During the last 5 years the exports of Cuba to Brazil have decreased at an annualized rate of 43.7%, from $40.9M in 2023 to $2.32M in 2018.

Exports from Brazil (Flag) to Cuba (Flag) (2023)

Exports from Cuba (Flag) to Brazil (Flag) (2023)

Market Competitiveness

Color
Brazil
Top DestinationChina$106B
Cuba
Top DestinationChina$358M

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 2023, countries that imported more from Brazil than Cuba included China ($106B), United States ($37B), and Argentina ($17.2B).

In 2023, countries that imported more from Cuba than Brazil included Andorra ($3.77M).

Difference in imports from Cuba (Flag) and Brazil (Flag) (2023)

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 2023, Brazil had a large net trade with Cuba in the exports of Animal and Vegetable Bi-Products ($48.9M), Vegetable Products ($46.7M), and Animal Products ($45.9M).

During 2018, Cuba had a large net trade with Brazil in the exports of Foodstuffs ($2.19M), Mineral Products ($74.6k), and Chemical Products ($28.6k).

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) (2023)

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