2022
Flag
 GDP
$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 136 / 186
2022
Flag
GDP PC
$48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH
10.4%CURRENT US$
Rnk 115 / 186

About

Cuba-Germany Trade: In 2022, Cuba exported $58.5M to Germany. The main products that Cuba exported to Germany were Rolled Tobacco ($37.3M), Honey ($10.3M), and Hard Liquor ($6.25M). Over the past 5 years the exports of Cuba to Germany have decreased at an annualized rate of 1.28%, from $62.4M in 2017 to $58.5M in 2022.

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

Germany-Cuba Trade: In 2022, Germany exported $147M to Cuba. The main products that Germany exported to Cuba were Wheat ($26.6M), Combustion Engines ($14.9M), and Cheese ($9.05M). Over the past 5 years the exports of Germany to Cuba have decreased at an annualized rate of 13.4%,  from $302M in 2017 to $147M in 2022.

In 2022, Germany 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, Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cuba exported $58.5M to Germany. The main products exported from Cuba to Germany were Rolled Tobacco ($37.3M), Honey ($10.3M), and Hard Liquor ($6.25M). During the last 5 years the exports of Cuba to Germany have decreased at an annualized rate of 1.28%, from $62.4M in 2017 to $58.5M in 2022.

In 2017, Germany exported $147M to Cuba. The main products exported from Germany to Cuba were Wheat ($26.6M), Combustion Engines ($14.9M), and Cheese ($9.05M). During the last 5 years the exports of Germany to Cuba have decreased at an annualized rate of 13.4%, from $302M in 2022 to $147M in 2017.

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

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

Latest Data

Trade between Cuba (Flag) and Germany (Flag)

Germany Exports

Market Competitiveness

Color
Cuba
Top Destination
China$426M
Germany
Top Destination
United States$153B

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

In 2022, no countries were registered that imported more from Cuba than from Germany.

In 2022, countries that imported more from Germany than Cuba included United States ($153B), France ($120B), and Netherlands ($109B).

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

Comparative Advantage Cuba - Germany

Flow
Scale

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

During 2022, Cuba had a large net trade with Germany in the exports of Foodstuffs ($45.8M), Animal Products ($10.7M), and Wood Products ($586k).

During 2017, Germany had a large net trade with Cuba in the exports of Machines ($52.6M), Vegetable Products ($28M), and Transportation ($12.7M).

Economic Complexity

Competitive Landscape

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

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

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