2022
Flag
 GDP
$522BCURRENT US$
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2012-2022
Flag
GDP GROWTH
99%CURRENT US$
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2022
Flag
GDP PC
$54,660CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
64.9%CURRENT US$
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About

Cuba-Israel Trade: In 2022, Cuba exported $65.5k to Israel. The main products that Cuba exported to Israel were Seats ($63.5k) and Processed Hair ($1.99k). Over the past 5 years the exports of Cuba to Israel have decreased at an annualized rate of 61.7%, from $7.9M in 2017 to $65.5k in 2022.

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

Israel-Cuba Trade: In 2022, Israel exported $7.87M to Cuba. The main products that Israel exported to Cuba were Other Plastic Products ($1.65M), Other Rubber Products ($1.35M), and Chemical Analysis Instruments ($1.17M). Over the past 5 years the exports of Israel to Cuba have decreased at an annualized rate of 8.95%,  from $12.6M in 2017 to $7.87M in 2022.

In 2006, Israel exported services to Cuba worth $1.17M, with Other business services ($789k), Royalties and license fees ($286k), and Construction services ($95.3k) being the largest in terms of value.

Comparison In 2022,  Cuba ranked 161 in total exports ($1.07B), and does not have data regarding Economic Complexity Index. That same year, Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cuba exported $65.5k to Israel. The main products exported from Cuba to Israel were Seats ($63.5k) and Processed Hair ($1.99k). During the last 5 years the exports of Cuba to Israel have decreased at an annualized rate of 61.7%, from $7.9M in 2017 to $65.5k in 2022.

In 2017, Israel exported $7.87M to Cuba. The main products exported from Israel to Cuba were Other Plastic Products ($1.65M), Other Rubber Products ($1.35M), and Chemical Analysis Instruments ($1.17M). During the last 5 years the exports of Israel to Cuba have decreased at an annualized rate of 8.95%, from $12.6M in 2022 to $7.87M in 2017.

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

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

Latest Data

Trade between Cuba (Flag) and Israel (Flag)

Israel Exports

Market Competitiveness

Color
Cuba
Top Destination
China$426M
Israel
Top Destination
United States$20.3B

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

In 2022, countries that imported more from Cuba than Israel included Macau ($28.9M), Andorra ($4.23M), and Lebanon ($1.59M).

In 2022, countries that imported more from Israel than Cuba included United States ($20.3B), China ($5.53B), and Palestine ($4.6B).

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

Comparative Advantage Cuba - Israel

Flow
Scale

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

During 2022, Cuba had a large net trade with Israel in the exports of Miscellaneous ($63.5k) and Footwear and Headwear ($1.99k).

During 2017, Israel had a large net trade with Cuba in the exports of Plastics and Rubbers ($4.28M), Instruments ($1.93M), and Machines ($970k).

Economic Complexity

Competitive Landscape

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

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

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