2022
Flag
 GDP
$1.4TCURRENT US$
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2012-2022
Flag
GDP GROWTH
5.49%CURRENT US$
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2022
Flag
GDP PC
$29,350CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
3.63%CURRENT US$
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About

Cuba-Spain Trade: In 2022, Cuba exported $139M to Spain. The main products that Cuba exported to Spain were Hard Liquor ($42.7M), Crustaceans ($28.7M), and Rolled Tobacco ($26.9M). Over the past 5 years the exports of Cuba to Spain have decreased at an annualized rate of 10.7%, from $244M in 2017 to $139M in 2022.

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

Spain-Cuba Trade: In 2022, Spain exported $812M to Cuba. The main products that Spain exported to Cuba were Pig Meat ($27.2M), Beer ($21M), and Other Prepared Meat ($18.9M). Over the past 5 years the exports of Spain to Cuba have decreased at an annualized rate of 5.65%,  from $1.09B in 2017 to $812M in 2022.

In 2022, Spain 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, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cuba exported $139M to Spain. The main products exported from Cuba to Spain were Hard Liquor ($42.7M), Crustaceans ($28.7M), and Rolled Tobacco ($26.9M). During the last 5 years the exports of Cuba to Spain have decreased at an annualized rate of 10.7%, from $244M in 2017 to $139M in 2022.

In 2017, Spain exported $812M to Cuba. The main products exported from Spain to Cuba were Pig Meat ($27.2M), Beer ($21M), and Other Prepared Meat ($18.9M). During the last 5 years the exports of Spain to Cuba have decreased at an annualized rate of 5.65%, from $1.09B in 2022 to $812M in 2017.

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

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

Latest Data

Trade between Cuba (Flag) and Spain (Flag)

Spain Exports

Market Competitiveness

Color
Cuba
Top Destination
China$426M
Spain
Top Destination
France$65.2B

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

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

In 2022, countries that imported more from Spain than Cuba included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

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

Comparative Advantage Cuba - Spain

Flow
Scale

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

During 2022, Cuba had a large net trade with Spain in the exports of Foodstuffs ($70.4M), Animal Products ($30.3M), and Metals ($25.1M).

During 2017, Spain had a large net trade with Cuba in the exports of Machines ($219M), Foodstuffs ($116M), and Metals ($107M).

Economic Complexity

Competitive Landscape

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

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

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