Cuba (CUB) and Armenia (ARM) Trade | The Observatory of Economic Complexity

About

Cuba-Armenia Trade: In 2022, Cuba exported $274k to Armenia. The main products that Cuba exported to Armenia were Rolled Tobacco ($177k), Hard Liquor ($90.6k), and Crustaceans ($7.08k). Over the past 5 years the exports of Cuba to Armenia have increased at an annualized rate of 5.63%, from $209k in 2017 to $274k in 2022.

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

Armenia-Cuba In N/A, Armenia did not export any products to Cuba.

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

Comparison In 2022, Cuba ranked 161 in total exports ($1.07B), and does not have data regarding Economic Complexity Index. That same year, Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Cuba exported $274k to Armenia. The main products exported from Cuba to Armenia were Rolled Tobacco ($177k), Hard Liquor ($90.6k), and Crustaceans ($7.08k). During the last 5 years the exports of Cuba to Armenia have increased at an annualized rate of 5.63%, from $209k in 2017 to $274k in 2022.

Armenia does not register exports to Cuba.

Exports from Cuba () to Armenia () (2022)

Exports from Armenia () to Cuba () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cuba
Top DestinationChina$426M

Armenia
Top DestinationRussia$2.36B

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

In 2022, countries that imported more from Cuba than Armenia included Spain ($139M), Portugal ($43.3M), and Macau ($28.9M).

In 2022, countries that imported more from Armenia than Cuba included Russia ($2.36B), United Arab Emirates ($535M), and Georgia ($260M).

Difference in imports from Armenia () and Cuba () (2022)

Comparative Advantage Cuba - Armenia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Cuba had a large net trade with Armenia in the exports of Foodstuffs ($267k), Animal Products ($7.08k), and Vegetable Products ($161).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Cuba () to Armenia () (2022)

Exports from Armenia () to Cuba () (2022)

Market Competitiveness

Difference in imports from Armenia () and Cuba () (2022)

Comparative Advantage Cuba - Armenia

Economic Complexity

Competitive Landscape

Product Space of Cuba () and Armenia () (2022)

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