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2023
Flag → Flag
Exports $270kRnk 125 / 179
2023
Flag → Flag
Top Product $179kMilk
2023
Flag → Flag
Exports $1.81MRnk 43 / 121
2023
Flag → Flag
Top Product $1.71MRolled Tobacco
2023
Flag
Economic Complexity (ECI) ECI 0.42Rnk 45 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.42Rnk 82 / 132

About

Lebanon-Cuba Trade: In 2023, Lebanon exported $270k to Cuba. The main products that Lebanon exported to Cuba were Milk ($179k), Electric Generating Sets ($50k), and Water ($25k). Over the past 6 years the exports of Lebanon to Cuba have increased at an annualized rate of 69.5%, from $11.4k in 2017 to $270k in 2023.

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

Cuba-Lebanon Trade: In 2023, Cuba exported $1.81M to Lebanon. The main products that Cuba exported to Lebanon were Rolled Tobacco ($1.71M), Hard Liquor ($95.8k), and Coffee ($2.98k). Over the past 6 years the exports of Cuba to Lebanon have decreased at an annualized rate of 18%,  from $10.8M in 2017 to $1.81M in 2023.

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

Comparison: In 2023,  Lebanon ranked 45 in the Economic Complexity Index (ECI 0.42), and 130 in total exports ($4.94B). 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
Value

In 2023, Lebanon exported $270k to Cuba. The main products exported from Lebanon to Cuba were Milk ($179k), Electric Generating Sets ($50k), and Water ($25k). During the last 6 years the exports of Lebanon to Cuba have increased at an annualized rate of 69.5%, from $11.4k in 2017 to $270k in 2023.

In 2018, Cuba exported $1.81M to Lebanon. The main products exported from Cuba to Lebanon were Rolled Tobacco ($1.71M), Hard Liquor ($95.8k), and Coffee ($2.98k). During the last 5 years the exports of Cuba to Lebanon have decreased at an annualized rate of 18%, from $10.8M in 2023 to $1.81M in 2018.

Exports from Lebanon (Flag) to Cuba (Flag) (2023)

Exports from Cuba (Flag) to Lebanon (Flag) (2023)

Market Competitiveness

Color
Lebanon
Top DestinationUnited Arab Emirates$1.3B
Cuba
Top DestinationChina$358M

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

In 2023, countries that imported more from Lebanon than Cuba included United Arab Emirates ($1.3B), Egypt ($340M), and Iraq ($236M).

In 2023, countries that imported more from Cuba than Lebanon included China ($358M), Spain ($129M), and Hong Kong ($43.7M).

Difference in imports from Cuba (Flag) and Lebanon (Flag) (2023)

Comparative Advantage Lebanon - Cuba

Flow
Scale

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

During 2023, Lebanon had a large net trade with Cuba in the exports of Animal Products ($179k), Machines ($50k), and Foodstuffs ($25k).

During 2018, Cuba had a large net trade with Lebanon in the exports of Foodstuffs ($1.81M), Vegetable Products ($2.98k), and Machines ($1.04k).

Economic Complexity

Competitive Landscape

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

Product Space of Lebanon (Flag) and Cuba (Flag) (2023)

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