Flag Cuba / Norway Flag

2019
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Exports
: $1.58M, Rnk 47 / 114

2019
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Top Product
: $756k, Rolled Tobacco

2019
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Exports
: $358k, Rnk 161 / 208

2019
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Top Product
: $298k, Interchangeable Tool Parts

2019
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Economic Complexity (ECI)
: ECI -0.69, Rnk 105 / 146

2019
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Economic Complexity (ECI)
: ECI 0.79, Rnk 38 / 146

2019
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 GDP
: $403B, CURRENT US$
Rnk 29 / 187

2009-2019
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GDP GROWTH
: 4.44%, CURRENT US$
Rnk 170 / 187

2019
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GDP PC
: $75,420, CURRENT US$
Rnk 6 / 187

2009-2019
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GDP PC GROWTH
: -5.7%, CURRENT US$
Rnk 170 / 187

Cuba-Norway In 2019, Cuba exported $1.58M to Norway. The main products that Cuba exported to Norway are Rolled Tobacco ($756k), Molasses ($355k), and Hard Liquor ($309k). During the last 24 years the exports of Cuba to Norway have increased at an annualized rate of 14.1%, from $66.1k in 1995 to $1.58M in 2019.

In 2019, Cuba did not export any services to Norway.

Norway-Cuba In 2019, Norway exported $358k to Cuba . The main products that Norway exported to Cuba were Interchangeable Tool Parts ($298k), Centrifuges ($18.3k), and Valves ($15.1k). During the last 24 years the exports of Norway to Cuba have decreased at an annualized rate of 4.44%, from $1.06M in 1995 to $358k in 2019.

In 2019, Norway did not export any services to Cuba.

Comparison In 2019,  Cuba ranked 105 in the Economic Complexity Index (ECI -0.69), and 152 in total exports ($1.21B). That same year, Norway ranked 38 in the Economic Complexity Index (ECI 0.79), and 35 in total exports ($109B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2019, Cuba exported $1.58M to Norway. The main products exported from Cuba to Norway were Rolled Tobacco ($756k), Molasses ($355k), and Hard Liquor ($309k). During the last 24 years the exports of Cuba to Norway have increased at an annualized rate of 14.1%, from $66.1k in 1995 to $1.58M in 2019.

In 2019, Norway exported $358k to Cuba. The main products exported from Norway to Cuba were Interchangeable Tool Parts ($298k), Centrifuges ($18.3k), and Valves ($15.1k). During the last 24 years the exports of Norway to Cuba have decreased at an annualized rate of 4.44%, from $1.06M in 1995 to $358k in 2019.

Norway Exports

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Market Competitiveness

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Measure

Cuba
Top Destination
: China, $461M

Norway
Top Destination
: United Kingdom, $20B

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

In 2019, countries that imported more from Cuba than Norway were Uzbekistan ($10.4M), Honduras ($9.89M), and Macau ($5.08M).

In 2019, countries that imported more from Norway than Cuba were United Kingdom ($20B), Germany ($15.5B), and Netherlands ($11.1B).

Comparative Advantage Cuba - Norway

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Depth

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

During 2019, Cuba had a large net trade with Norway in the exports of Foodstuffs ($1.56M), Plastics and Rubbers ($7.52k), and Machines ($6.99k).

During 2019, Norway had a large net trade with Cuba in the exports of Metals ($298k), Machines ($51.7k), and Instruments ($4.06k).

Tariff Section

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This section shows import tariffs for products traded between Cuba and Norway (using the HS6 product classification and the last year reported).

In 2017, the products from Cuba that paid the highest import tariffs to enter Norway were Rock lobster and other sea crawfish, frozen (30%) and Crustaceans: frozen, cold-water shrimps and prawns (Pandalus spp., Crangon crangon), in shell or not, smoked, cooked or not before or during smoking: in shell, cooked by steaming or by boiling in water (30%).

In 2018, the products from Norway that paid the highest import tariffs to enter Cuba were Poultry: live, turkeys, weighing not more than 185g (555%) and Poultry: live, ducks, weighing not more than 185g (555%).

*The tariffs present between Cuba and Norway are:
125: General duty rate
136: Most Favoured Nation duty rate treatement

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Cuba has comparative advantage over Norway. Similarly, the more red a dot/product is, the more Norway has comparative advantage over Cuba.