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2022
Flag → Flag
Exports $3.78MRnk 34 / 123
2022
Flag → Flag
Top Product $2.29MPackaged Medicaments
2022
Flag → Flag
Exports $31.5MRnk 161 / 217
2022
Flag → Flag
Top Product $15.6MRice
2022
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 133
2022
Flag
 GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
GDP PC$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 186

About

Cuba-India Trade: In 2022, Cuba exported $3.78M to India. The main products that Cuba exported to India were Packaged Medicaments ($2.29M), Vaccines, blood, antisera, toxins and cultures ($599k), and Rolled Tobacco ($423k). Over the past 5 years the exports of Cuba to India have increased at an annualized rate of 15.5%, from $1.84M in 2017 to $3.78M in 2022.

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

India-Cuba Trade: In 2022, India exported $31.5M to Cuba. The main products that India exported to Cuba were Rice ($15.6M), Packaged Medicaments ($4.56M), and Other Heating Machinery ($1.21M). Over the past 5 years the exports of India to Cuba have decreased at an annualized rate of 14%,  from $66.9M in 2017 to $31.5M in 2022.

In 2022, India 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, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cuba exported $3.78M to India. The main products exported from Cuba to India were Packaged Medicaments ($2.29M), Vaccines, blood, antisera, toxins and cultures ($599k), and Rolled Tobacco ($423k). During the last 5 years the exports of Cuba to India have increased at an annualized rate of 15.5%, from $1.84M in 2017 to $3.78M in 2022.

In 2017, India exported $31.5M to Cuba. The main products exported from India to Cuba were Rice ($15.6M), Packaged Medicaments ($4.56M), and Other Heating Machinery ($1.21M). During the last 5 years the exports of India to Cuba have decreased at an annualized rate of 14%, from $66.9M in 2022 to $31.5M in 2017.

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

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

Latest Data

Trade between Cuba (Flag) and India (Flag)

India Exports

Market Competitiveness

Color
Cuba
Top DestinationChina$426M
India
Top DestinationUnited States$82.9B

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

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

In 2022, countries that imported more from India than Cuba included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

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

Comparative Advantage Cuba - India

Flow
Scale

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

During 2022, Cuba had a large net trade with India in the exports of Chemical Products ($3.05M), Foodstuffs ($553k), and Metals ($156k).

During 2017, India had a large net trade with Cuba in the exports of Vegetable Products ($15.7M), Chemical Products ($8.49M), and Machines ($3.34M).

Economic Complexity

Competitive Landscape

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

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

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