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

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Cuba-Russia Trade: In 2022, Cuba exported $2.39M 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 38.9%, from $28.1M in 2017 to $2.39M in 2022.

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

Russia-Cuba Trade: In 2022, Russia exported $92.5M 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 decreased at an annualized rate of 26.3%, from $426M in 2017 to $92.5M in 2022.

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 2023, Cuba ranked 82 in the Economic Complexity Index (ECI -0.42), and 159 in total exports ($1.05B). That same year, Russia ranked 50 in the Economic Complexity Index (ECI 0.3), and 18 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Cuba exported $2.39M to Russia. There were not main exports from Cuba to Russia in 2022. During the last 5 years the exports of Cuba to Russia have decreased at an annualized rate of 38.9%, from $28.1M in 2017 to $2.39M in 2022.

In 2017, Russia exported $92.5M to Cuba. There were not main exports from Russia to Cuba in 2017. During the last 5 years the exports of Russia to Cuba have decreased at an annualized rate of 26.3%, from $426M in 2022 to $92.5M in 2017.

Exports from Cuba () to Russia () (2022)

Exports from Russia () to Cuba () (2022)

Latest Data

Trade between Cuba () and Russia ()

Russia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cuba
Top DestinationChina$358M

Russia
Top DestinationChina$129B

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 2023, countries that imported more from Cuba than Russia included Cyprus ($42.5M), Macau ($29.2M), and Andorra ($3.77M).

In 2023, countries that imported more from Russia than Cuba included China ($129B), India ($66.1B), and Turkey ($31B).

Difference in imports from Russia () and Cuba () (2023)

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 2022, Cuba had a large net trade with Russia in the exports of .

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

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 () (2022)

Exports from Russia () to Cuba () (2022)

Latest Data

Trade between Cuba () and Russia ()

Russia Exports

Market Competitiveness

Difference in imports from Russia () and Cuba () (2023)

Comparative Advantage Cuba - Russia

Bilateral Service Trade

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

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Cuba () and Russia () (2022)

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