Cuba (CUB) and Russia (RUS) Trade | The Observatory of Economic Complexity

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Cuba-Russia Trade: In 2019, Cuba exported $18.4M to Russia. The main products that Cuba exported to Russia were N/A. Over the past 5 years the exports of Cuba to Russia have decreased at an annualized rate of 20.4%, from $57.4M in 2014 to $18.4M in 2019.

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

Russia-Cuba Trade: In 2019, Russia exported $285M to Cuba. The main products that Russia exported to Cuba were N/A. Over the past 5 years the exports of Russia to Cuba have increased at an annualized rate of 12.5%, from $98.5M in 2014 to $285M in 2019.

In 2018, Russia exported services to Cuba worth $10M, with Other business services ($6.9M), Insurance services ($2.4M), and Transportation ($400k) being the largest in terms of value.

Comparison In 2022, Cuba ranked 161 in total exports ($1.07B), and does not have data regarding Economic Complexity Index. That same year, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2019, Cuba exported $18.4M to Russia. There were not main exports from Cuba to Russia in 2019. During the last 5 years the exports of Cuba to Russia have decreased at an annualized rate of 20.4%, from $57.4M in 2014 to $18.4M in 2019.

In 2014, Russia exported $285M to Cuba. There were not main exports from Russia to Cuba in 2014. During the last 5 years the exports of Russia to Cuba have increased at an annualized rate of 12.5%, from $98.5M in 2019 to $285M in 2014.

Exports from Cuba () to Russia () (2019)

Exports from Russia () to Cuba () (2019)

Latest Data

Trade between Cuba () and Russia ()

Russia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cuba
Top DestinationChina$426M

Russia
Top DestinationChina$101B

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

In 2022, countries that imported more from Cuba than Russia included Macau ($28.9M), Andorra ($4.23M), and Antigua and Barbuda ($158k).

In 2022, countries that imported more from Russia than Cuba included China ($101B), India ($40.4B), and Germany ($27.7B).

Difference in imports from Russia () and Cuba () (2022)

Comparative Advantage Cuba - Russia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2019, Cuba had a large net trade with Russia in the exports of .

During 2014, Russia had a large net trade with Cuba in the exports of .

Potential Exports

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Bilateral Service Trade

Rus Year

In 2018, Russia exported services to Cuba worth $10M, with Other business services ($6.9M), Insurance services ($2.4M), and Transportation ($400k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia () to Cuba () (2018)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Cuba () to Russia () (2019)

Exports from Russia () to Cuba () (2019)

Latest Data

Trade between Cuba () and Russia ()

Russia Exports

Market Competitiveness

Difference in imports from Russia () and Cuba () (2022)

Comparative Advantage Cuba - Russia

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from Russia () to Cuba () (2018)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Cuba () and Russia () (2019)

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