2022
Flag
 GDP
$406BCURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP GROWTH
29.2%CURRENT US$
Rnk 102 / 186
2022
Flag
GDP PC
$11,972CURRENT US$
Rnk 69 / 186
2012-2022
Flag
GDP PC GROWTH
12.9%CURRENT US$
Rnk 104 / 186

About

Cuba-Malaysia Trade: In 2022, Cuba exported $8.9M to Malaysia. The main products that Cuba exported to Malaysia were Iron Ore ($7.9M), Scrap Aluminium ($230k), and Styrene Polymers ($222k). Over the past 5 years the exports of Cuba to Malaysia have increased at an annualized rate of 59.2%, from $870k in 2017 to $8.9M in 2022.

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

Malaysia-Cuba Trade: In 2022, Malaysia exported $6.29M to Cuba. The main products that Malaysia exported to Cuba were Electric Heaters ($2.89M), Rubber Apparel ($658k), and Pesticides ($569k). Over the past 5 years the exports of Malaysia to Cuba have decreased at an annualized rate of 14.1%,  from $13.5M in 2017 to $6.29M in 2022.

In 2022, Malaysia 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, Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cuba exported $8.9M to Malaysia. The main products exported from Cuba to Malaysia were Iron Ore ($7.9M), Scrap Aluminium ($230k), and Styrene Polymers ($222k). During the last 5 years the exports of Cuba to Malaysia have increased at an annualized rate of 59.2%, from $870k in 2017 to $8.9M in 2022.

In 2017, Malaysia exported $6.29M to Cuba. The main products exported from Malaysia to Cuba were Electric Heaters ($2.89M), Rubber Apparel ($658k), and Pesticides ($569k). During the last 5 years the exports of Malaysia to Cuba have decreased at an annualized rate of 14.1%, from $13.5M in 2022 to $6.29M in 2017.

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

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

Latest Data

Trade between Cuba (Flag) and Malaysia (Flag)

Malaysia Exports

Market Competitiveness

Color
Cuba
Top Destination
China$426M
Malaysia
Top Destination
Singapore$53.8B

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

In 2022, countries that imported more from Cuba than Malaysia included Cyprus ($31.2M) and Andorra ($4.23M).

In 2022, countries that imported more from Malaysia than Cuba included Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

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

Comparative Advantage Cuba - Malaysia

Flow
Scale

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

During 2022, Cuba had a large net trade with Malaysia in the exports of Mineral Products ($7.91M), Metals ($560k), and Plastics and Rubbers ($244k).

During 2017, Malaysia had a large net trade with Cuba in the exports of Machines ($3.08M), Chemical Products ($1.4M), and Animal and Vegetable Bi-Products ($785k).

Economic Complexity

Competitive Landscape

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

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

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