2022
Flag
 GDP
$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP GROWTH
-22.1%CURRENT US$
Rnk 180 / 186
2022
Flag
GDP PC
$8,918CURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP PC GROWTH
-27.7%CURRENT US$
Rnk 177 / 186

About

Cuba-Brazil Trade: In 2022, Cuba exported $2.86M to Brazil. The main products that Cuba exported to Brazil were Rolled Tobacco ($2.4M), Hard Liquor ($254k), and Vaccines, blood, antisera, toxins and cultures ($68.9k). Over the past 5 years the exports of Cuba to Brazil have decreased at an annualized rate of 34%, from $22.8M in 2017 to $2.86M in 2022.

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

Brazil-Cuba Trade: In 2022, Brazil exported $290M to Cuba. The main products that Brazil exported to Cuba were Soybean Oil ($95M), Rice ($49.8M), and Poultry Meat ($37.9M). Over the past 5 years the exports of Brazil to Cuba have decreased at an annualized rate of 5.62%,  from $387M in 2017 to $290M in 2022.

In 2022, Brazil 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, Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cuba exported $2.86M to Brazil. The main products exported from Cuba to Brazil were Rolled Tobacco ($2.4M), Hard Liquor ($254k), and Vaccines, blood, antisera, toxins and cultures ($68.9k). During the last 5 years the exports of Cuba to Brazil have decreased at an annualized rate of 34%, from $22.8M in 2017 to $2.86M in 2022.

In 2017, Brazil exported $290M to Cuba. The main products exported from Brazil to Cuba were Soybean Oil ($95M), Rice ($49.8M), and Poultry Meat ($37.9M). During the last 5 years the exports of Brazil to Cuba have decreased at an annualized rate of 5.62%, from $387M in 2022 to $290M in 2017.

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

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

Latest Data

Trade between Cuba (Flag) and Brazil (Flag)

Brazil Exports

Market Competitiveness

Color
Cuba
Top Destination
China$426M
Brazil
Top Destination
China$90.1B

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

In 2022, countries that imported more from Cuba than Brazil included Andorra ($4.23M).

In 2022, countries that imported more from Brazil than Cuba included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

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

Comparative Advantage Cuba - Brazil

Flow
Scale

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

During 2022, Cuba had a large net trade with Brazil in the exports of Foodstuffs ($2.66M), Chemical Products ($68.9k), and Mineral Products ($67.1k).

During 2017, Brazil had a large net trade with Cuba in the exports of Animal and Vegetable Bi-Products ($95.1M), Vegetable Products ($74.2M), and Animal Products ($45.1M).

Economic Complexity

Competitive Landscape

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

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

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