2022
Flag  
GDP
$360BCURRENT US$
Rnk 42 / 186
2012-2022
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GDP GROWTH
37%CURRENT US$
Rnk 89 / 186
2022
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GDP PC 
$48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 58 / 186

About

Hong Kong-Cuba In 2022, Hong Kong exported $3.71M to Cuba. The main products that Hong Kong exported to Cuba are Base Metal Watches ($2.32M), Wood Ornaments ($405k), and Video Displays ($392k). During the last 27 years the exports of Hong Kong to Cuba have decreased at an annualized rate of 1.7%, from $5.89M in 1995 to $3.71M in 2022.

In 2022, Hong Kong did not export any services to Cuba.

Cuba-Hong Kong In 2022, Cuba exported $21.8M to Hong Kong. The main products that Cuba exported to Hong Kong were Rolled Tobacco ($21.5M), Scrap Copper ($128k), and Processed Crustaceans ($59.5k). During the last 27 years the exports of Cuba to Hong Kong have increased at an annualized rate of 9%, from $2.13M in 1995 to $21.8M in 2022.

In 2022, Cuba did not export any services to Hong Kong.

Comparison In 2022,  Hong Kong ranked 26 in the Economic Complexity Index (ECI 0.99),  and 39 in total exports ($113B). That same year, Cuba ranked 161 in total exports ($1.07B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Hong Kong exported $3.71M to Cuba. The main products exported from Hong Kong to Cuba were Base Metal Watches ($2.32M), Wood Ornaments ($405k), and Video Displays ($392k). During the last 27 years the exports of Hong Kong to Cuba have decreased at an annualized rate of 1.7%, from $5.89M in 1995 to $3.71M in 2022.

In 2022, Cuba exported $21.8M to Hong Kong. The main products exported from Cuba to Hong Kong were Rolled Tobacco ($21.5M), Scrap Copper ($128k), and Processed Crustaceans ($59.5k). During the last 27 years the exports of Cuba to Hong Kong have increased at an annualized rate of 9%, from $2.13M in 1995 to $21.8M in 2022.

Exports from Hong Kong (Flag) to Cuba (Flag) (2022)

Exports from Cuba (Flag) to Hong Kong (Flag) (2022)

Latest Data

Trade between Hong Kong (Flag) and Cuba (Flag)

Hong Kong Exports

Market Competitiveness

Color
Hong Kong
Top Destination
China$23.4B
Cuba
Top Destination
China$426M

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

In 2021, countries that imported more from Hong Kong than Cuba were China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

In 2021, countries that imported more from Cuba than Hong Kong were Andorra ($4.23M).

Difference in imports from Cuba (Flag) and Hong Kong (Flag) (2022)

Comparative Advantage Hong Kong - Cuba

Flow
Scale

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

During 2022, Hong Kong had a large net trade with Cuba in the exports of Instruments ($2.32M), Machines ($896k), and Wood Products ($405k).

During 2022, Cuba had a large net trade with Hong Kong in the exports of Foodstuffs ($21.6M), Metals ($128k), and Textiles ($8.43k).

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 Hong Kong has comparative advantage over Cuba. Similarly, the more yellow a dot/product is, the more Cuba has comparative advantage over Hong Kong.

Product Space of Hong Kong (Flag) and Cuba (Flag) (2022)

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