2023
Flag
 GDP
$17.8TCURRENT US$
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2013-2023
Flag
GDP GROWTH
85.9%CURRENT US$
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2023
Flag
GDP PC
$12,614CURRENT US$
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2013-2023
Flag
GDP PC GROWTH
79.7%CURRENT US$
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About

Cuba-China Trade: In 2023, Cuba exported $358M to China. The main products that Cuba exported to China were Nickel Mattes ($129M), Zinc Ore ($105M), and Precious Metal Ore ($62.5M). Over the past 5 years the exports of Cuba to China have decreased at an annualized rate of 9.14%, from $579M in 2018 to $358M in 2023.

In 2023, Cuba did not export any services to China.

China-Cuba Trade: In 2023, China exported $504M to Cuba. The main products that China exported to Cuba were Cars ($26M), Broadcasting Equipment ($19.7M), and Coated Flat-Rolled Iron ($18.4M). Over the past 5 years the exports of China to Cuba have decreased at an annualized rate of 20.1%,  from $1.55B in 2018 to $504M in 2023.

In 2023, China did not export any services to Cuba.

Comparison: In 2023,  Cuba ranked 82 in the Economic Complexity Index (ECI -0.42), and 159 in total exports ($1.05B). That same year, China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cuba exported $358M to China. The main products exported from Cuba to China were Nickel Mattes ($129M), Zinc Ore ($105M), and Precious Metal Ore ($62.5M). During the last 5 years the exports of Cuba to China have decreased at an annualized rate of 9.14%, from $579M in 2018 to $358M in 2023.

In 2018, China exported $504M to Cuba. The main products exported from China to Cuba were Cars ($26M), Broadcasting Equipment ($19.7M), and Coated Flat-Rolled Iron ($18.4M). During the last 5 years the exports of China to Cuba have decreased at an annualized rate of 20.1%, from $1.55B in 2023 to $504M in 2018.

Exports from Cuba (Flag) to China (Flag) (2023)

Exports from China (Flag) to Cuba (Flag) (2023)

Latest Data

Trade between Cuba (Flag) and China (Flag)

China Exports

Market Competitiveness

Color
Cuba
Top Destination
China$358M
China
Top Destination
United States$436B

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

In 2023, no countries were registered that imported more from Cuba than from China.

In 2023, countries that imported more from China than Cuba included United States ($436B), Hong Kong ($259B), and Japan ($169B).

Difference in imports from China (Flag) and Cuba (Flag) (2023)

Comparative Advantage Cuba - China

Flow
Scale

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

During 2023, Cuba had a large net trade with China in the exports of Mineral Products ($169M), Metals ($134M), and Foodstuffs ($27.1M).

During 2018, China had a large net trade with Cuba in the exports of Machines ($140M), Metals ($71.2M), and Transportation ($62.5M).

Economic Complexity

Competitive Landscape

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

Product Space of Cuba (Flag) and China (Flag) (2023)

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