Cuba (CUB) and Iran (IRN) Trade | The Observatory of Economic Complexity

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Cuba-Iran Trade: In 2022, Cuba exported $11.9M to Iran. The main products that Cuba exported to Iran were N/A. Over the past 5 years the exports of Cuba to Iran have increased at an annualized rate of 108%, from $302k in 2017 to $11.9M in 2022.

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

Iran-Cuba Trade: In 2022, Iran exported $174k to Cuba. The main products that Iran exported to Cuba were N/A. Over the past 5 years the exports of Iran to Cuba have decreased at an annualized rate of 43.2%, from $2.95M in 2017 to $174k in 2022.

In 2022, Iran 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, Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Cuba exported $11.9M to Iran. There were not main exports from Cuba to Iran in 2022. During the last 5 years the exports of Cuba to Iran have increased at an annualized rate of 108%, from $302k in 2017 to $11.9M in 2022.

In 2017, Iran exported $174k to Cuba. There were not main exports from Iran to Cuba in 2017. During the last 5 years the exports of Iran to Cuba have decreased at an annualized rate of 43.2%, from $2.95M in 2022 to $174k in 2017.

Exports from Cuba () to Iran () (2022)

Exports from Iran () to Cuba () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cuba
Top DestinationChina$358M

Iran
Top DestinationChina$4.59B

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

In 2023, countries that imported more from Cuba than Iran included Hong Kong ($43.7M), Cyprus ($42.5M), and Spain ($129M).

In 2023, countries that imported more from Iran than Cuba included China ($4.59B), Turkey ($2.18B), and India ($1.02B).

Difference in imports from Iran () and Cuba () (2023)

Comparative Advantage Cuba - Iran

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Cuba had a large net trade with Iran in the exports of .

During 2017, Iran had a large net trade with Cuba in the exports of .

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Cuba () to Iran () (2022)

Exports from Iran () to Cuba () (2022)

Market Competitiveness

Difference in imports from Iran () and Cuba () (2023)

Comparative Advantage Cuba - Iran

Economic Complexity

Competitive Landscape

Product Space of Cuba () and Iran () (2022)

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