2022
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GDP
$808BCURRENT US$
Rnk 20 / 186
2012-2022
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GDP GROWTH
17.7%CURRENT US$
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2022
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GDP PC 
$92,101CURRENT US$
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2012-2022
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GDP PC GROWTH
7.3%CURRENT US$
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About

Switzerland-Cuba In 2022, Switzerland exported $7.5M to Cuba. The main products that Switzerland exported to Cuba are Base Metal Watches ($1.52M), Paper Containers ($1.25M), and Rubberworking Machinery ($1.02M). During the last 27 years the exports of Switzerland to Cuba have decreased at an annualized rate of 0.14%, from $7.78M in 1995 to $7.5M in 2022.

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

Cuba-Switzerland In 2022, Cuba exported $41.4M to Switzerland. The main products that Cuba exported to Switzerland were Rolled Tobacco ($35.7M), Hard Liquor ($4.02M), and Vaccines, blood, antisera, toxins and cultures ($418k). During the last 27 years the exports of Cuba to Switzerland have increased at an annualized rate of 5.19%, from $10.6M in 1995 to $41.4M in 2022.

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

Comparison In 2022,  Switzerland ranked 2 in the Economic Complexity Index (ECI 1.85),  and 17 in total exports ($402B). 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, Switzerland exported $7.5M to Cuba. The main products exported from Switzerland to Cuba were Base Metal Watches ($1.52M), Paper Containers ($1.25M), and Rubberworking Machinery ($1.02M). During the last 27 years the exports of Switzerland to Cuba have decreased at an annualized rate of 0.14%, from $7.78M in 1995 to $7.5M in 2022.

In 2022, Cuba exported $41.4M to Switzerland. The main products exported from Cuba to Switzerland were Rolled Tobacco ($35.7M), Hard Liquor ($4.02M), and Vaccines, blood, antisera, toxins and cultures ($418k). During the last 27 years the exports of Cuba to Switzerland have increased at an annualized rate of 5.19%, from $10.6M in 1995 to $41.4M in 2022.

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

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

Latest Data

Trade between Switzerland (Flag) and Cuba (Flag)

Switzerland Exports

Market Competitiveness

Color
Switzerland
Top Destination
United States$61.7B
Cuba
Top Destination
China$426M

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

In 2021, countries that imported more from Switzerland than Cuba were United States ($61.7B), Germany ($53.5B), and China ($44.1B).

In 2019, no countries were registered that imported more from Cuba than from Switzerland.

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

Comparative Advantage Switzerland - Cuba

Flow
Scale

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

During 2022, Switzerland had a large net trade with Cuba in the exports of Instruments ($2.48M), Machines ($1.97M), and Chemical Products ($1.3M).

During 2022, Cuba had a large net trade with Switzerland in the exports of Foodstuffs ($39.8M), Animal Products ($632k), and Chemical Products ($449k).

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 Switzerland has comparative advantage over Cuba. Similarly, the more yellow a dot/product is, the more Cuba has comparative advantage over Switzerland.

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

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