South Korea-Cuba Trade: In 2022, South Korea exported $108M to Cuba. The main products that South Korea exported to Cuba were Iron Structures ($5.31M), Passenger and Cargo Ships ($1.64M), and Motor vehicles; parts and accessories (8701 to 8705) ($1.37M). Over the past 5 years the exports of South Korea to Cuba have increased at an annualized rate of 8.86%, from $70.3M in 2017 to $108M in 2022.
In 2022, South Korea did not export any services to Cuba.
Cuba-South Korea Trade: In 2022, Cuba exported $4.01M to South Korea. The main products that Cuba exported to South Korea were Scrap Copper ($3.07M), Stearic Acid ($1.96M), and Raw Tobacco ($566k). Over the past 5 years the exports of Cuba to South Korea have increased at an annualized rate of 61.4%, from $367k in 2017 to $4.01M in 2022.
In 2022, Cuba did not export any services to South Korea.
Comparison In 2022, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B). That same year, Cuba ranked 161 in total exports ($1.07B), and does not have data regarding Economic Complexity Index.