2022
Flag
 GDP
$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH
20.9%CURRENT US$
Rnk 120 / 186
2022
Flag
GDP PC
$66,983CURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP PC GROWTH
14.5%CURRENT US$
Rnk 99 / 186

About

Cuba-Denmark Trade: In 2022, Cuba exported $77.7k to Denmark. The main products that Cuba exported to Denmark were Pulley Systems ($21.4k), Interchangeable Tool Parts ($12.8k), and Rolled Tobacco ($7.75k). Over the past 5 years the exports of Cuba to Denmark have decreased at an annualized rate of 6.79%, from $110k in 2017 to $77.7k in 2022.

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

Denmark-Cuba Trade: In 2022, Denmark exported $3.84M to Cuba. The main products that Denmark exported to Cuba were Beer ($633k), Medical Instruments ($627k), and Cheese ($554k). Over the past 5 years the exports of Denmark to Cuba have decreased at an annualized rate of 32.1%,  from $26.7M in 2017 to $3.84M in 2022.

In 2022, Denmark 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, Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cuba exported $77.7k to Denmark. The main products exported from Cuba to Denmark were Pulley Systems ($21.4k), Interchangeable Tool Parts ($12.8k), and Rolled Tobacco ($7.75k). During the last 5 years the exports of Cuba to Denmark have decreased at an annualized rate of 6.79%, from $110k in 2017 to $77.7k in 2022.

In 2017, Denmark exported $3.84M to Cuba. The main products exported from Denmark to Cuba were Beer ($633k), Medical Instruments ($627k), and Cheese ($554k). During the last 5 years the exports of Denmark to Cuba have decreased at an annualized rate of 32.1%, from $26.7M in 2022 to $3.84M in 2017.

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

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

Latest Data

Trade between Cuba (Flag) and Denmark (Flag)

Denmark Exports

Market Competitiveness

Color
Cuba
Top Destination
China$426M
Denmark
Top Destination
Germany$18.9B

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

In 2022, countries that imported more from Cuba than Denmark included Macau ($28.9M) and Andorra ($4.23M).

In 2022, countries that imported more from Denmark than Cuba included Germany ($18.9B), United States ($13.1B), and Sweden ($11.6B).

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

Comparative Advantage Cuba - Denmark

Flow
Scale

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

During 2022, Cuba had a large net trade with Denmark in the exports of Machines ($31.7k), Metals ($23.3k), and Foodstuffs ($8.31k).

During 2017, Denmark had a large net trade with Cuba in the exports of Machines ($1.1M), Animal Products ($854k), and Foodstuffs ($724k).

Economic Complexity

Competitive Landscape

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

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

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