2022
Flag
 GDP
$579BCURRENT US$
Rnk 25 / 186
2012-2022
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GDP GROWTH
16.6%CURRENT US$
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2022
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GDP PC
$49,583CURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP PC GROWTH
11%CURRENT US$
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About

Cuba-Belgium In 2022, Cuba exported $19.6M to Belgium. The main products that Cuba exported to Belgium are Refined Petroleum ($10.5M), Rolled Tobacco ($7.71M), and Coffee ($482k). During the last 23 years the exports of Cuba to Belgium have decreased at an annualized rate of 3.06%, from $40.1M in 1999 to $19.6M in 2022.

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

Belgium-Cuba In 2022, Belgium exported $36M to Cuba. The main products that Belgium exported to Cuba were Concentrated Milk ($13.6M), Refined Petroleum ($10.3M), and Acrylic Polymers ($1.39M). During the last 23 years the exports of Belgium to Cuba have decreased at an annualized rate of 0.7%, from $42.4M in 1999 to $36M in 2022.

In 2022, Belgium 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, Belgium ranked 17 in the Economic Complexity Index (ECI 1.28), and 13 in total exports ($475B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cuba exported $19.6M to Belgium. The main products exported from Cuba to Belgium were Refined Petroleum ($10.5M), Rolled Tobacco ($7.71M), and Coffee ($482k). During the last 23 years the exports of Cuba to Belgium have decreased at an annualized rate of 3.06%, from $40.1M in 1999 to $19.6M in 2022.

In 2022, Belgium exported $36M to Cuba. The main products exported from Belgium to Cuba were Concentrated Milk ($13.6M), Refined Petroleum ($10.3M), and Acrylic Polymers ($1.39M). During the last 23 years the exports of Belgium to Cuba have decreased at an annualized rate of 0.7%, from $42.4M in 1999 to $36M in 2022.

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

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

Latest Data

Trade between Cuba (Flag) and Belgium (Flag)

Belgium Exports

Market Competitiveness

Color
Cuba
Top Destination
China$426M
Belgium
Top Destination
Germany$91.9B

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

In 2021, countries that imported more from Cuba than Belgium were Macau ($28.9M).

In 2021, countries that imported more from Belgium than Cuba were Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

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

Comparative Advantage Cuba - Belgium

Flow
Scale

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

During 2022, Cuba had a large net trade with Belgium in the exports of Mineral Products ($10.5M), Foodstuffs ($7.9M), and Vegetable Products ($504k).

During 2022, Belgium had a large net trade with Cuba in the exports of Animal Products ($14.1M), Mineral Products ($10.3M), and Chemical Products ($3.25M).

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

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

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