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Pricing

2022
Flag → Flag
Exports $295kRnk 67 / 123
2022
Flag → Flag
Top Product $177kHard Liquor
2022
Flag → Flag
Exports $56.8MRnk 34 / 168
2022
Flag → Flag
Top Product $28.2MConcentrated Milk
2022
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Economic Complexity (ECI) ECI 0.12Rnk 55 / 124
2022
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 GDP$71.2BCURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP GROWTH31.2%CURRENT US$
Rnk 96 / 186
2022
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GDP PC$20,795CURRENT US$
Rnk 49 / 186
2012-2022
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GDP PC GROWTH29.3%CURRENT US$
Rnk 65 / 186

About

Cuba-Uruguay In 2022, Cuba exported $295k to Uruguay. The main products that Cuba exported to Uruguay are Hard Liquor ($177k), Packaged Medicaments ($40.5k), and Vaccines, blood, antisera, toxins and cultures ($35.3k). During the last 27 years the exports of Cuba to Uruguay have decreased at an annualized rate of 9.66%, from $4.59M in 1995 to $295k in 2022.

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

Uruguay-Cuba In 2022, Uruguay exported $56.8M to Cuba. The main products that Uruguay exported to Cuba were Concentrated Milk ($28.2M), Rice ($26.6M), and Packing Bags ($580k). During the last 27 years the exports of Uruguay to Cuba have increased at an annualized rate of 29.4%, from $54.1k in 1995 to $56.8M in 2022.

In 2022, Uruguay 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, Uruguay ranked 55 in the Economic Complexity Index (ECI 0.12), and 98 in total exports ($12B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cuba exported $295k to Uruguay. The main products exported from Cuba to Uruguay were Hard Liquor ($177k), Packaged Medicaments ($40.5k), and Vaccines, blood, antisera, toxins and cultures ($35.3k). During the last 27 years the exports of Cuba to Uruguay have decreased at an annualized rate of 9.66%, from $4.59M in 1995 to $295k in 2022.

In 2022, Uruguay exported $56.8M to Cuba. The main products exported from Uruguay to Cuba were Concentrated Milk ($28.2M), Rice ($26.6M), and Packing Bags ($580k). During the last 27 years the exports of Uruguay to Cuba have increased at an annualized rate of 29.4%, from $54.1k in 1995 to $56.8M in 2022.

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

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

Latest Data

Trade between Cuba (Flag) and Uruguay (Flag)

Uruguay Exports

Market Competitiveness

Color
Cuba
Top DestinationChina$426M
Uruguay
Top DestinationChina$2.89B

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

In 2021, countries that imported more from Cuba than Uruguay were Cyprus ($31.2M), Macau ($28.9M), and Switzerland ($41.4M).

In 2021, countries that imported more from Uruguay than Cuba were China ($2.89B), Brazil ($1.69B), and Argentina ($999M).

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

Comparative Advantage Cuba - Uruguay

Flow
Scale

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

During 2022, Cuba had a large net trade with Uruguay in the exports of Foodstuffs ($198k), Chemical Products ($75.8k), and Paper Goods ($21.1k).

During 2022, Uruguay had a large net trade with Cuba in the exports of Animal Products ($28.5M), Vegetable Products ($26.8M), and Foodstuffs ($681k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Cuba has comparative advantage over Uruguay. Similarly, the more yellow a dot/product is, the more Uruguay has comparative advantage over Cuba.

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

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