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2023
Flag → Flag
Exports $305kRnk 74 / 121
2023
Flag → Flag
Top Product $227kHard Liquor
2023
Flag → Flag
Exports $434kRnk 178 / 206
2023
Flag → Flag
Top Product $212kOther Engines
2023
Flag
Economic Complexity (ECI) ECI -0.42Rnk 82 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.46Rnk 13 / 132
2023
Flag
 GDP$296BCURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP GROWTH9.35%CURRENT US$
Rnk 158 / 195
2023
Flag
GDP PC$52,926CURRENT US$
Rnk 23 / 196
2013-2023
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GDP PC GROWTH6.51%CURRENT US$
Rnk 144 / 195

About

Cuba-Finland Trade: In 2023, Cuba exported $305k to Finland. The main products that Cuba exported to Finland were Hard Liquor ($227k), Wood Charcoal ($76.5k), and Microphones and Headphones ($444). Over the past 5 years the exports of Cuba to Finland have increased at an annualized rate of 27.2%, from $91.5k in 2018 to $305k in 2023.

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

Finland-Cuba Trade: In 2023, Finland exported $434k to Cuba. The main products that Finland exported to Cuba were Other Engines ($212k), Ethylene Polymers ($139k), and Kaolin Coated Paper ($19.4k). Over the past 5 years the exports of Finland to Cuba have decreased at an annualized rate of 46.9%,  from $10.3M in 2018 to $434k in 2023.

In 2023, Finland 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, Finland ranked 13 in the Economic Complexity Index (ECI 1.46), and 45 in total exports ($84.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cuba exported $305k to Finland. The main products exported from Cuba to Finland were Hard Liquor ($227k), Wood Charcoal ($76.5k), and Microphones and Headphones ($444). During the last 5 years the exports of Cuba to Finland have increased at an annualized rate of 27.2%, from $91.5k in 2018 to $305k in 2023.

In 2018, Finland exported $434k to Cuba. The main products exported from Finland to Cuba were Other Engines ($212k), Ethylene Polymers ($139k), and Kaolin Coated Paper ($19.4k). During the last 5 years the exports of Finland to Cuba have decreased at an annualized rate of 46.9%, from $10.3M in 2023 to $434k in 2018.

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

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

Latest Data

Trade between Cuba (Flag) and Finland (Flag)

Finland Exports

Market Competitiveness

Color
Cuba
Top DestinationChina$358M
Finland
Top DestinationUnited States$9.68B

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

In 2023, countries that imported more from Cuba than Finland included Macau ($29.2M), Cyprus ($42.5M), and Andorra ($3.77M).

In 2023, countries that imported more from Finland than Cuba included United States ($9.68B), Germany ($9.26B), and Sweden ($8.13B).

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

Comparative Advantage Cuba - Finland

Flow
Scale

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

During 2023, Cuba had a large net trade with Finland in the exports of Foodstuffs ($227k), Wood Products ($76.5k), and Machines ($444).

During 2018, Finland had a large net trade with Cuba in the exports of Machines ($249k), Plastics and Rubbers ($147k), and Paper Goods ($19.4k).

Economic Complexity

Competitive Landscape

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

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

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