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2022
Flag → Flag
Exports $7.5MRnk 160 / 219
2022
Flag → Flag
Top Product $1.52MBase Metal Watches
2022
Flag → Flag
Exports $41.4MRnk 5 / 123
2022
Flag → Flag
Top Product $35.7MRolled Tobacco
2022
Flag
Economic Complexity (ECI) ECI 1.97Rnk 2 / 133
2022
Flag  
GDP$808BCURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP GROWTH17.7%CURRENT US$
Rnk 128 / 186
2022
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GDP PC $92,101CURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP PC GROWTH7.3%CURRENT US$
Rnk 125 / 186

About

Switzerland-Cuba Trade: In 2022, Switzerland exported $7.5M to Cuba. The main products that Switzerland exported to Cuba were Base Metal Watches ($1.52M), Paper Containers ($1.25M), and Rubberworking Machinery ($1.02M). Over the past 5 years the exports of Switzerland to Cuba have decreased at an annualized rate of 24.3%, from $30.1M in 2017 to $7.5M in 2022.

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

Cuba-Switzerland Trade: 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). Over the past 5 years the exports of Cuba to Switzerland have increased at an annualized rate of 8.25%,  from $27.9M in 2017 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 1.97),  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 5 years the exports of Switzerland to Cuba have decreased at an annualized rate of 24.3%, from $30.1M in 2017 to $7.5M in 2022.

In 2017, 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 5 years the exports of Cuba to Switzerland have increased at an annualized rate of 8.25%, from $27.9M in 2022 to $41.4M in 2017.

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 DestinationUnited States$61.7B
Cuba
Top DestinationChina$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 2022, countries that imported more from Switzerland than Cuba included United States ($61.7B), Germany ($53.5B), and China ($44.1B).

In 2022, 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 2017, 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 shows the product space at the HS4 level with the flags of Switzerland and Cuba. This means that a dot/product with the flag of Switzerland indicates it has a comparative advantage over Cuba. Similarly, a dot/product with the flag of Cuba indicates it has a comparative advantage over Switzerland.

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

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