2022
Flag
 GDP
$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP GROWTH
59%CURRENT US$
Rnk 41 / 186
2022
Flag
GDP PC
$3,523CURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP PC GROWTH
37.5%CURRENT US$
Rnk 52 / 186

About

Cuba-Bolivia Trade: In 2022, Cuba exported $2.58M to Bolivia. The main products that Cuba exported to Bolivia were Hard Liquor ($2.46M), Vaccines, blood, antisera, toxins and cultures ($123k), and Other Animals ($676). Over the past 5 years the exports of Cuba to Bolivia have increased at an annualized rate of 11%, from $1.53M in 2017 to $2.58M in 2022.

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

Bolivia-Cuba Trade: In 2022, Bolivia exported $212k to Cuba. The main products that Bolivia exported to Cuba were Knit Socks and Hosiery ($71.8k), Plastic Lids ($43.8k), and Textile Footwear ($21.2k). Over the past 5 years the exports of Bolivia to Cuba have decreased at an annualized rate of 36.2%,  from $2M in 2017 to $212k in 2022.

In 2022, Bolivia 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, Bolivia ranked 106 in the Economic Complexity Index (ECI -0.85), and 93 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cuba exported $2.58M to Bolivia. The main products exported from Cuba to Bolivia were Hard Liquor ($2.46M), Vaccines, blood, antisera, toxins and cultures ($123k), and Other Animals ($676). During the last 5 years the exports of Cuba to Bolivia have increased at an annualized rate of 11%, from $1.53M in 2017 to $2.58M in 2022.

In 2017, Bolivia exported $212k to Cuba. The main products exported from Bolivia to Cuba were Knit Socks and Hosiery ($71.8k), Plastic Lids ($43.8k), and Textile Footwear ($21.2k). During the last 5 years the exports of Bolivia to Cuba have decreased at an annualized rate of 36.2%, from $2M in 2022 to $212k in 2017.

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

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

Latest Data

Trade between Cuba (Flag) and Bolivia (Flag)

Bolivia Exports

Market Competitiveness

Color
Cuba
Top Destination
China$426M
Bolivia
Top Destination
India$2.27B

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

In 2022, countries that imported more from Cuba than Bolivia included Portugal ($43.3M), Switzerland ($41.4M), and Cyprus ($31.2M).

In 2022, countries that imported more from Bolivia than Cuba included India ($2.27B), Brazil ($1.89B), and Argentina ($1.76B).

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

Comparative Advantage Cuba - Bolivia

Flow
Scale

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

During 2022, Cuba had a large net trade with Bolivia in the exports of Foodstuffs ($2.46M), Chemical Products ($123k), and Animal Products ($676).

During 2017, Bolivia had a large net trade with Cuba in the exports of Textiles ($125k), Plastics and Rubbers ($63.8k), and Footwear and Headwear ($22.1k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Cuba Bolivia+N/AN/A
Top Product Potential Bolivia Cuba+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

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

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

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