2023
Flag
 GDP
$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH
21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
GDP PC
$49,464CURRENT US$
Rnk 26 / 196
2013-2023
Flag
GDP PC GROWTH
13.9%CURRENT US$
Rnk 124 / 195

About

Cuba-United Kingdom Trade: In 2023, Cuba exported $16.6M to United Kingdom. The main products that Cuba exported to United Kingdom were Rolled Tobacco ($10.7M), Hard Liquor ($5.11M), and Paintings ($241k). Over the past 5 years the exports of Cuba to United Kingdom have increased at an annualized rate of 10.4%, from $10.1M in 2018 to $16.6M in 2023.

In 2023, Cuba did not export any services to United Kingdom.

United Kingdom-Cuba Trade: In 2023, United Kingdom exported $7.43M to Cuba. The main products that United Kingdom exported to Cuba were Hard Liquor ($1.98M), Uncoated Paper ($1.24M), and Stone Processing Machines ($523k). Over the past 5 years the exports of United Kingdom to Cuba have decreased at an annualized rate of 29.8%,  from $43.7M in 2018 to $7.43M in 2023.

In 2023, United Kingdom 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, United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cuba exported $16.6M to United Kingdom. The main products exported from Cuba to United Kingdom were Rolled Tobacco ($10.7M), Hard Liquor ($5.11M), and Paintings ($241k). During the last 5 years the exports of Cuba to United Kingdom have increased at an annualized rate of 10.4%, from $10.1M in 2018 to $16.6M in 2023.

In 2018, United Kingdom exported $7.43M to Cuba. The main products exported from United Kingdom to Cuba were Hard Liquor ($1.98M), Uncoated Paper ($1.24M), and Stone Processing Machines ($523k). During the last 5 years the exports of United Kingdom to Cuba have decreased at an annualized rate of 29.8%, from $43.7M in 2023 to $7.43M in 2018.

Exports from Cuba (Flag) to United Kingdom (Flag) (2023)

Exports from United Kingdom (Flag) to Cuba (Flag) (2023)

Latest Data

Trade between Cuba (Flag) and United Kingdom (Flag)

United Kingdom Exports

Market Competitiveness

Color
Cuba
Top Destination
China$358M
United Kingdom
Top Destination
United States$59.7B

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

In 2023, no countries were registered that imported more from Cuba than from United Kingdom.

In 2023, countries that imported more from United Kingdom than Cuba included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

Difference in imports from United Kingdom (Flag) and Cuba (Flag) (2023)

Comparative Advantage Cuba - United Kingdom

Flow
Scale

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

During 2023, Cuba had a large net trade with United Kingdom in the exports of Foodstuffs ($15.8M), Arts and Antiques ($243k), and Metals ($129k).

During 2018, United Kingdom had a large net trade with Cuba in the exports of Foodstuffs ($2.06M), Machines ($1.89M), and Paper Goods ($1.76M).

Economic Complexity

Competitive Landscape

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

Product Space of Cuba (Flag) and United Kingdom (Flag) (2023)

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