2022
Flag
 GDP
$406BCURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP GROWTH
-6.57%CURRENT US$
Rnk 171 / 186
2022
Flag
GDP PC
$6,776CURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP PC GROWTH
-17.1%CURRENT US$
Rnk 167 / 186

About

Cuba-South Africa Trade: In 2022, Cuba exported $1.36M to South Africa. The main products that Cuba exported to South Africa were Rolled Tobacco ($1.25M), Hard Liquor ($102k), and Valves ($2.34k). Over the past 5 years the exports of Cuba to South Africa have decreased at an annualized rate of 10.2%, from $2.33M in 2017 to $1.36M in 2022.

In 2022, Cuba did not export any services to South Africa.

South Africa-Cuba Trade: In 2022, South Africa exported $3.06M to Cuba. The main products that South Africa exported to Cuba were Packaged Medicaments ($642k), Stone Processing Machines ($529k), and Interchangeable Tool Parts ($400k). Over the past 5 years the exports of South Africa to Cuba have decreased at an annualized rate of 27.4%,  from $15.2M in 2017 to $3.06M in 2022.

In 2022, South Africa 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, South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cuba exported $1.36M to South Africa. The main products exported from Cuba to South Africa were Rolled Tobacco ($1.25M), Hard Liquor ($102k), and Valves ($2.34k). During the last 5 years the exports of Cuba to South Africa have decreased at an annualized rate of 10.2%, from $2.33M in 2017 to $1.36M in 2022.

In 2017, South Africa exported $3.06M to Cuba. The main products exported from South Africa to Cuba were Packaged Medicaments ($642k), Stone Processing Machines ($529k), and Interchangeable Tool Parts ($400k). During the last 5 years the exports of South Africa to Cuba have decreased at an annualized rate of 27.4%, from $15.2M in 2022 to $3.06M in 2017.

Exports from Cuba (Flag) to South Africa (Flag) (2022)

Exports from South Africa (Flag) to Cuba (Flag) (2022)

Latest Data

Trade between Cuba (Flag) and South Africa (Flag)

South Africa Exports

Market Competitiveness

Color
Cuba
Top Destination
China$426M
South Africa
Top Destination
China$23.4B

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

In 2022, countries that imported more from Cuba than South Africa included Cyprus ($31.2M), Macau ($28.9M), and Andorra ($4.23M).

In 2022, countries that imported more from South Africa than Cuba included China ($23.4B), United States ($10.9B), and Germany ($9.96B).

Difference in imports from South Africa (Flag) and Cuba (Flag) (2022)

Comparative Advantage Cuba - South Africa

Flow
Scale

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

During 2022, Cuba had a large net trade with South Africa in the exports of Foodstuffs ($1.35M), Machines ($3.53k), and Vegetable Products ($1.05k).

During 2017, South Africa had a large net trade with Cuba in the exports of Machines ($1.1M), Metals ($871k), and Chemical Products ($642k).

Economic Complexity

Competitive Landscape

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

Product Space of Cuba (Flag) and South Africa (Flag) (2022)

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