2023
Flag
 GDP
$15.8BCURRENT US$
Rnk 134 / 195
2013-2023
Flag
GDP GROWTH
27.1%CURRENT US$
Rnk 120 / 195
2023
Flag
GDP PC
$506CURRENT US$
Rnk 192 / 196
2013-2023
Flag
GDP PC GROWTH
-1.77%CURRENT US$
Rnk 155 / 195

About

Cuba-Madagascar Trade: In 2018, Cuba exported $17.8k to Madagascar. The main products that Cuba exported to Madagascar were N/A. Over the past 7 years the exports of Cuba to Madagascar have decreased at an annualized rate of 14.4%, from $53k in 2011 to $17.8k in 2018.

In 2018, Cuba did not export any services to Madagascar.

Madagascar-Cuba In N/A, Madagascar did not export any products to Cuba.

In 2018, Madagascar 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, Madagascar ranked 117 in the Economic Complexity Index (ECI -1.15), and 133 in total exports ($4.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2018, Cuba exported $17.8k to Madagascar. There were not main exports from Cuba to Madagascar in 2018. During the last 7 years the exports of Cuba to Madagascar have decreased at an annualized rate of 14.4%, from $53k in 2011 to $17.8k in 2018.

Madagascar does not register exports to Cuba.

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

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

Market Competitiveness

Color
Cuba
Top Destination
China$358M
Madagascar
Top Destination
United States$669M

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

In 2023, countries that imported more from Cuba than Madagascar included China ($358M), Spain ($129M), and Cyprus ($42.5M).

In 2023, countries that imported more from Madagascar than Cuba included United States ($669M), France ($641M), and Japan ($345M).

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

Comparative Advantage Cuba - Madagascar

Flow
Scale

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

During 2018, Cuba had a large net trade with Madagascar in the exports of .

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with