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2022
Flag → Flag
Exports $43.3MRnk 4 / 123
2022
Flag → Flag
Top Product $26.9MRaw Sugar
2022
Flag → Flag
Exports $27.6MRnk 86 / 208
2022
Flag → Flag
Top Product $6.67MGlass Bottles
2022
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
Flag
 GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC$24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH18%CURRENT US$
Rnk 94 / 186

About

Cuba-Portugal Trade: In 2022, Cuba exported $43.3M to Portugal. The main products that Cuba exported to Portugal were Raw Sugar ($26.9M), Wood Charcoal ($8.81M), and Honey ($5.08M). Over the past 5 years the exports of Cuba to Portugal have increased at an annualized rate of 18.9%, from $18.2M in 2017 to $43.3M in 2022.

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

Portugal-Cuba Trade: In 2022, Portugal exported $27.6M to Cuba. The main products that Portugal exported to Cuba were Glass Bottles ($6.67M), Uncoated Paper ($2.28M), and Butter ($1.67M). Over the past 5 years the exports of Portugal to Cuba have decreased at an annualized rate of 15%,  from $62.3M in 2017 to $27.6M in 2022.

In 2022, Portugal 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cuba exported $43.3M to Portugal. The main products exported from Cuba to Portugal were Raw Sugar ($26.9M), Wood Charcoal ($8.81M), and Honey ($5.08M). During the last 5 years the exports of Cuba to Portugal have increased at an annualized rate of 18.9%, from $18.2M in 2017 to $43.3M in 2022.

In 2017, Portugal exported $27.6M to Cuba. The main products exported from Portugal to Cuba were Glass Bottles ($6.67M), Uncoated Paper ($2.28M), and Butter ($1.67M). During the last 5 years the exports of Portugal to Cuba have decreased at an annualized rate of 15%, from $62.3M in 2022 to $27.6M in 2017.

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

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

Latest Data

Trade between Cuba (Flag) and Portugal (Flag)

Portugal Exports

Market Competitiveness

Color
Cuba
Top DestinationChina$426M
Portugal
Top DestinationSpain$20.5B

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

In 2022, countries that imported more from Cuba than Portugal included Macau ($28.9M).

In 2022, countries that imported more from Portugal than Cuba included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

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

Comparative Advantage Cuba - Portugal

Flow
Scale

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

During 2022, Cuba had a large net trade with Portugal in the exports of Foodstuffs ($29.3M), Wood Products ($8.81M), and Animal Products ($5.08M).

During 2017, Portugal had a large net trade with Cuba in the exports of Stone And Glass ($7.78M), Machines ($4.17M), and Plastics and Rubbers ($3.44M).

Economic Complexity

Competitive Landscape

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

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

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