2022
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GDP
$344BCURRENT US$
Rnk 43 / 186
2012-2022
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GDP GROWTH
-7.22%CURRENT US$
Rnk 172 / 186
2022
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GDP PC 
$6,630CURRENT US$
Rnk 98 / 186
2012-2022
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GDP PC GROWTH
-18.1%CURRENT US$
Rnk 169 / 186

About

Colombia-Cuba In 2022, Colombia exported $30.4M to Cuba. The main products that Colombia exported to Cuba are Buses ($6.73M), Refined Petroleum ($3.27M), and Soap ($3.12M). During the last 27 years the exports of Colombia to Cuba have increased at an annualized rate of 2.05%, from $17.6M in 1995 to $30.4M in 2022.

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

Cuba-Colombia In 2022, Cuba exported $2.4M to Colombia. The main products that Cuba exported to Colombia were Vaccines, blood, antisera, toxins and cultures ($1.1M), Rolled Tobacco ($582k), and Hard Liquor ($561k). During the last 27 years the exports of Cuba to Colombia have decreased at an annualized rate of 7.95%, from $22.5M in 1995 to $2.4M in 2022.

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

Comparison In 2022,  Colombia ranked 57 in the Economic Complexity Index (ECI 0.094),  and 53 in total exports ($60.3B). 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, Colombia exported $30.4M to Cuba. The main products exported from Colombia to Cuba were Buses ($6.73M), Refined Petroleum ($3.27M), and Soap ($3.12M). During the last 21 years the exports of Colombia to Cuba have increased at an annualized rate of 9.72%, from $22.3k in 1996 to $30.4M in 2022.

In 2022, Cuba exported $2.4M to Colombia. The main products exported from Cuba to Colombia were Vaccines, blood, antisera, toxins and cultures ($1.1M), Rolled Tobacco ($582k), and Hard Liquor ($561k). During the last 16 years the exports of Cuba to Colombia have decreased at an annualized rate of 8.1%, from $12.9k in 2002 to $2.4M in 2022.

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

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

Latest Data

Trade between Colombia (Flag) and Cuba (Flag)

Colombia Exports

Market Competitiveness

Color
Colombia
Top Destination
United States$15.6B
Cuba
Top Destination
China$426M

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

In 2021, countries that imported more from Colombia than Cuba were United States ($15.6B), Panama ($5.84B), and Netherlands ($3.67B).

In 2021, countries that imported more from Cuba than Colombia were Cyprus ($31.2M), Macau ($28.9M), and Portugal ($43.3M).

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

Comparative Advantage Colombia - Cuba

Flow
Scale

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

During 2022, Colombia had a large net trade with Cuba in the exports of Transportation ($6.75M), Foodstuffs ($3.98M), and Chemical Products ($3.78M).

During 2022, Cuba had a large net trade with Colombia in the exports of Foodstuffs ($1.14M), Chemical Products ($1.1M), and Machines ($45.5k).

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

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

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