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2023
Flag → Flag
Exports $129MRnk 2 / 121
2023
Flag → Flag
Top Product $46.1MHard Liquor
2023
Flag → Flag
Exports $938MRnk 51 / 220
2023
Flag → Flag
Top Product $58.1MBeer
2023
Flag
Economic Complexity (ECI) ECI -0.42Rnk 82 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.86Rnk 31 / 132
2023
Flag
 GDP$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP GROWTH18.9%CURRENT US$
Rnk 143 / 195
2023
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GDP PC$33,509CURRENT US$
Rnk 40 / 196
2013-2023
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GDP PC GROWTH14.7%CURRENT US$
Rnk 119 / 195

About

Cuba-Spain Trade: In 2023, Cuba exported $129M to Spain. The main products that Cuba exported to Spain were Hard Liquor ($46.1M), Rolled Tobacco ($33.7M), and Wood Charcoal ($15.7M). Over the past 5 years the exports of Cuba to Spain have decreased at an annualized rate of 6.11%, from $177M in 2018 to $129M in 2023.

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

Spain-Cuba Trade: In 2023, Spain exported $938M to Cuba. The main products that Spain exported to Cuba were Beer ($58.1M), Other Prepared Meat ($25.4M), and Insulated Wire ($24.1M). Over the past 5 years the exports of Spain to Cuba have decreased at an annualized rate of 5.26%,  from $1.23B in 2018 to $938M in 2023.

In 2023, Spain 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, Spain ranked 31 in the Economic Complexity Index (ECI 0.86), and 16 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cuba exported $129M to Spain. The main products exported from Cuba to Spain were Hard Liquor ($46.1M), Rolled Tobacco ($33.7M), and Wood Charcoal ($15.7M). During the last 5 years the exports of Cuba to Spain have decreased at an annualized rate of 6.11%, from $177M in 2018 to $129M in 2023.

In 2018, Spain exported $938M to Cuba. The main products exported from Spain to Cuba were Beer ($58.1M), Other Prepared Meat ($25.4M), and Insulated Wire ($24.1M). During the last 5 years the exports of Spain to Cuba have decreased at an annualized rate of 5.26%, from $1.23B in 2023 to $938M in 2018.

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

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

Latest Data

Trade between Cuba (Flag) and Spain (Flag)

Spain Exports

Market Competitiveness

Color
Cuba
Top DestinationChina$358M
Spain
Top DestinationFrance$61.9B

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

In 2023, countries that imported more from Spain than Cuba included France ($61.9B), Germany ($40.2B), and Portugal ($38.1B).

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

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 2023, Cuba had a large net trade with Spain in the exports of Foodstuffs ($80.8M), Metals ($21.3M), and Wood Products ($15.8M).

During 2018, Spain had a large net trade with Cuba in the exports of Machines ($240M), Foodstuffs ($194M), and Metals ($87.2M).

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) (2023)

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