2022
Flag
 GDP
$247BCURRENT US$
Rnk 50 / 186
2012-2022
Flag
GDP GROWTH
40.3%CURRENT US$
Rnk 82 / 186
2022
Flag
GDP PC
$48,249CURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP PC GROWTH
20.7%CURRENT US$
Rnk 86 / 186

About

Cuba-New Zealand Trade: In 2022, Cuba exported $1.49M to New Zealand. The main products that Cuba exported to New Zealand were Coffee ($957k), Rolled Tobacco ($358k), and Hard Liquor ($167k). Over the past 5 years the exports of Cuba to New Zealand have increased at an annualized rate of 18.1%, from $647k in 2017 to $1.49M in 2022.

In 2022, Cuba did not export any services to New Zealand.

New Zealand-Cuba Trade: In 2022, New Zealand exported $37.4M to Cuba. The main products that New Zealand exported to Cuba were Concentrated Milk ($37.4M). Over the past 5 years the exports of New Zealand to Cuba have increased at an annualized rate of 0.41%,  from $36.7M in 2017 to $37.4M in 2022.

In 2022, New Zealand 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, New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cuba exported $1.49M to New Zealand. The main products exported from Cuba to New Zealand were Coffee ($957k), Rolled Tobacco ($358k), and Hard Liquor ($167k). During the last 5 years the exports of Cuba to New Zealand have increased at an annualized rate of 18.1%, from $647k in 2017 to $1.49M in 2022.

In 2017, New Zealand exported $37.4M to Cuba. The main products exported from New Zealand to Cuba were Concentrated Milk ($37.4M). During the last 5 years the exports of New Zealand to Cuba have increased at an annualized rate of 0.41%, from $36.7M in 2022 to $37.4M in 2017.

Exports from Cuba (Flag) to New Zealand (Flag) (2022)

Exports from New Zealand (Flag) to Cuba (Flag) (2022)

Latest Data

Trade between Cuba (Flag) and New Zealand (Flag)

New Zealand Exports

Market Competitiveness

Color
Cuba
Top Destination
China$426M
New Zealand
Top Destination
China$13.1B

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

In 2022, countries that imported more from Cuba than New Zealand included Cyprus ($31.2M), Portugal ($43.3M), and Slovenia ($10.8M).

In 2022, countries that imported more from New Zealand than Cuba included China ($13.1B), Australia ($5.35B), and United States ($5.07B).

Difference in imports from New Zealand (Flag) and Cuba (Flag) (2022)

Comparative Advantage Cuba - New Zealand

Flow
Scale

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

During 2022, Cuba had a large net trade with New Zealand in the exports of Vegetable Products ($957k), Foodstuffs ($525k), and Machines ($3.87k).

During 2017, New Zealand had a large net trade with Cuba in the exports of Animal Products ($37.4M).

Economic Complexity

Competitive Landscape

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

Product Space of Cuba (Flag) and New Zealand (Flag) (2022)

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