Cuba (CUB) and North Korea (PRK) Trade | The Observatory of Economic Complexity

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Cuba-North Korea Trade: In 2018, Cuba exported $6.44k to North Korea. The main products that Cuba exported to North Korea were N/A. Over the past 15 years the exports of Cuba to North Korea have decreased at an annualized rate of 34.9%, from $4.03M in 2003 to $6.44k in 2018.

In 2018, Cuba did not export any services to North Korea.

North Korea-Cuba Trade: In 2018, North Korea exported $1.92M to Cuba. The main products that North Korea exported to Cuba were N/A. Over the past 15 years the exports of North Korea to Cuba have increased at an annualized rate of 35.4%, from $423k in 2003 to $1.92M in 2018.

In 2018, North Korea 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, North Korea ranked 172 in total exports ($397M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2018, Cuba exported $6.44k to North Korea. There were not main exports from Cuba to North Korea in 2018. During the last 15 years the exports of Cuba to North Korea have decreased at an annualized rate of 34.9%, from $4.03M in 2003 to $6.44k in 2018.

In 2017, North Korea exported $1.92M to Cuba. There were not main exports from North Korea to Cuba in 2017. During the last 5 years the exports of North Korea to Cuba have increased at an annualized rate of 35.4%, from $423k in 2022 to $1.92M in 2017.

Exports from Cuba () to North Korea () (2022)

Exports from North Korea () to Cuba () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cuba
Top DestinationChina$358M

North Korea
Top DestinationChina$292M

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

In 2023, countries that imported more from Cuba than North Korea included Spain ($129M), Germany ($68.1M), and China ($358M).

In 2023, countries that imported more from North Korea than Cuba included Senegal ($10.3M), Angola ($10.2M), and Austria ($10.1M).

Difference in imports from North Korea () and Cuba () (2023)

Comparative Advantage Cuba - North Korea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

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

During 2017, North Korea had a large net trade with Cuba in the exports of .

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Cuba () to North Korea () (2022)

Exports from North Korea () to Cuba () (2022)

Market Competitiveness

Difference in imports from North Korea () and Cuba () (2023)

Comparative Advantage Cuba - North Korea

Economic Complexity

Competitive Landscape

Product Space of Cuba () and North Korea () (2022)

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