2022
Flag
 GDP
$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 141 / 186
2022
Flag
GDP PC
$106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH
3.89%CURRENT US$
Rnk 131 / 186

About

Cuba-Norway In 2022, Cuba exported $3.03M to Norway. The main products that Cuba exported to Norway are Platinum ($1.63M), Rolled Tobacco ($1.02M), and Hard Liquor ($260k). During the last 27 years the exports of Cuba to Norway have increased at an annualized rate of 15.2%, from $67k in 1995 to $3.03M in 2022.

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

Norway-Cuba In 2022, Norway exported $1.45M to Cuba. The main products that Norway exported to Cuba were Other Precious Metal Products ($1.41M), Interchangeable Tool Parts ($31.8k), and Buses ($5.72k). During the last 27 years the exports of Norway to Cuba have increased at an annualized rate of 1.16%, from $1.06M in 1995 to $1.45M in 2022.

In 2022, Norway 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, Norway ranked 41 in the Economic Complexity Index (ECI 0.58), and 28 in total exports ($285B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cuba exported $3.03M to Norway. The main products exported from Cuba to Norway were Platinum ($1.63M), Rolled Tobacco ($1.02M), and Hard Liquor ($260k). During the last 27 years the exports of Cuba to Norway have increased at an annualized rate of 15.2%, from $67k in 1995 to $3.03M in 2022.

In 2022, Norway exported $1.45M to Cuba. The main products exported from Norway to Cuba were Other Precious Metal Products ($1.41M), Interchangeable Tool Parts ($31.8k), and Buses ($5.72k). During the last 27 years the exports of Norway to Cuba have increased at an annualized rate of 1.16%, from $1.06M in 1995 to $1.45M in 2022.

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

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

Latest Data

Trade between Cuba (Flag) and Norway (Flag)

Norway Exports

Market Competitiveness

Color
Cuba
Top Destination
China$426M
Norway
Top Destination
Germany$78.1B

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 2021, countries that imported more from Cuba than Norway were Macau ($28.9M) and Andorra ($4.23M).

In 2021, countries that imported more from Norway than Cuba were Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

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

Comparative Advantage Cuba - Norway

Flow
Scale

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

During 2022, Cuba had a large net trade with Norway in the exports of Precious Metals ($1.63M), Foodstuffs ($1.33M), and Plastics and Rubbers ($56.1k).

During 2022, Norway had a large net trade with Cuba in the exports of Precious Metals ($1.41M), Metals ($31.8k), and Transportation ($5.72k).

Economic Complexity

Competitive Landscape

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

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

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