2022
Flag  
GDP
$522BCURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP GROWTH
99%CURRENT US$
Rnk 14 / 186
2022
Flag
GDP PC 
$54,660CURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP PC GROWTH
64.9%CURRENT US$
Rnk 21 / 186

About

Israel-Cuba Trade: In 2022, Israel exported $7.87M to Cuba. The main products that Israel exported to Cuba were Other Plastic Products ($1.65M), Other Rubber Products ($1.35M), and Chemical Analysis Instruments ($1.17M). Over the past 5 years the exports of Israel to Cuba have decreased at an annualized rate of 8.95%, from $12.6M in 2017 to $7.87M in 2022.

In 2006, Israel exported services to Cuba worth $1.17M, with Other business services ($789k), Royalties and license fees ($286k), and Construction services ($95.3k) being the largest in terms of value.

Cuba-Israel Trade: In 2022, Cuba exported $65.5k to Israel. The main products that Cuba exported to Israel were Seats ($63.5k) and Processed Hair ($1.99k). Over the past 5 years the exports of Cuba to Israel have decreased at an annualized rate of 61.7%,  from $7.9M in 2017 to $65.5k in 2022.

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

Comparison In 2022,  Israel ranked 20 in the Economic Complexity Index (ECI 1.23),  and 49 in total exports ($76.9B). 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, Israel exported $7.87M to Cuba. The main products exported from Israel to Cuba were Other Plastic Products ($1.65M), Other Rubber Products ($1.35M), and Chemical Analysis Instruments ($1.17M). During the last 5 years the exports of Israel to Cuba have decreased at an annualized rate of 8.95%, from $12.6M in 2017 to $7.87M in 2022.

In 2017, Cuba exported $65.5k to Israel. The main products exported from Cuba to Israel were Seats ($63.5k) and Processed Hair ($1.99k). During the last 5 years the exports of Cuba to Israel have decreased at an annualized rate of 61.7%, from $7.9M in 2022 to $65.5k in 2017.

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

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

Latest Data

Trade between Israel (Flag) and Cuba (Flag)

Israel Exports

Market Competitiveness

Color
Israel
Top Destination
United States$20.3B
Cuba
Top Destination
China$426M

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

In 2022, countries that imported more from Israel than Cuba included United States ($20.3B), China ($5.53B), and Palestine ($4.6B).

In 2022, countries that imported more from Cuba than Israel included Macau ($28.9M), Andorra ($4.23M), and Lebanon ($1.59M).

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

Comparative Advantage Israel - Cuba

Flow
Scale

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

During 2022, Israel had a large net trade with Cuba in the exports of Plastics and Rubbers ($4.28M), Instruments ($1.93M), and Machines ($970k).

During 2017, Cuba had a large net trade with Israel in the exports of Miscellaneous ($63.5k) and Footwear and Headwear ($1.99k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Israel Cuba+N/AN/A
Top Product Potential Cuba Israel+N/AN/A

N/A

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with