Kuwait (KWT) and Cuba (CUB) Trade | The Observatory of Economic Complexity

About

Kuwait-Cuba Trade: In 2023, Kuwait exported $4.88k to Cuba. The main products that Kuwait exported to Cuba were Cars ($4.88k). Over the past 7 years the exports of Kuwait to Cuba have decreased at an annualized rate of 59.8%, from $2.88M in 2016 to $4.88k in 2023.

In 2023, Kuwait did not export any services to Cuba.

Cuba-Kuwait Trade: In 2023, Cuba exported $385k to Kuwait. The main products that Cuba exported to Kuwait were Rolled Tobacco ($383k), Pure Olive Oil ($1.93k), and Electrical Transformers ($173). Over the past 7 years the exports of Cuba to Kuwait have increased at an annualized rate of 4.54%, from $309k in 2016 to $385k in 2023.

In 2023, Cuba did not export any services to Kuwait.

Comparison: In 2023, Kuwait ranked 53 in the Economic Complexity Index (ECI 0.21), and 47 in total exports ($71B). That same year, Cuba ranked 82 in the Economic Complexity Index (ECI -0.42), and 159 in total exports ($1.05B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Kuwait exported $4.88k to Cuba. The main products exported from Kuwait to Cuba were Cars ($4.88k). During the last 7 years the exports of Kuwait to Cuba have decreased at an annualized rate of 59.8%, from $2.88M in 2016 to $4.88k in 2023.

In 2018, Cuba exported $385k to Kuwait. The main products exported from Cuba to Kuwait were Rolled Tobacco ($383k), Pure Olive Oil ($1.93k), and Electrical Transformers ($173). During the last 5 years the exports of Cuba to Kuwait have increased at an annualized rate of 4.54%, from $309k in 2023 to $385k in 2018.

Exports from Kuwait () to Cuba () (2023)

Exports from Cuba () to Kuwait () (2023)

Latest Data

Trade between Kuwait () and Cuba ()

Kuwait Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kuwait
Top DestinationChina$17.4B

Cuba
Top DestinationChina$358M

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

In 2023, countries that imported more from Kuwait than Cuba included China ($17.4B), India ($9.51B), and Japan ($9.13B).

In 2023, countries that imported more from Cuba than Kuwait included Cyprus ($42.5M), Macau ($29.2M), and Switzerland ($48.2M).

Difference in imports from Cuba () and Kuwait () (2023)

Comparative Advantage Kuwait - Cuba

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Kuwait had a large net trade with Cuba in the exports of Transportation ($4.88k).

During 2018, Cuba had a large net trade with Kuwait in the exports of Foodstuffs ($383k), Animal and Vegetable Bi-Products ($1.93k), and Machines ($173).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Kuwait () to Cuba () (2023)

Exports from Cuba () to Kuwait () (2023)

Latest Data

Trade between Kuwait () and Cuba ()

Kuwait Exports

Market Competitiveness

Difference in imports from Cuba () and Kuwait () (2023)

Comparative Advantage Kuwait - Cuba

Economic Complexity

Competitive Landscape

Product Space of Kuwait () and Cuba () (2023)

Keep Exploring