Sri Lanka (LKA) and Cuba (CUB) Trade | The Observatory of Economic Complexity

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Sri Lanka-Cuba Trade: In 2023, Sri Lanka exported $128k to Cuba. The main products that Sri Lanka exported to Cuba were Used Rubber Tires ($113k) and Rubber Tires ($14.3k). Over the past 5 years the exports of Sri Lanka to Cuba have decreased at an annualized rate of 22%, from $443k in 2018 to $128k in 2023.

In 2023, Sri Lanka did not export any services to Cuba.

Cuba-Sri Lanka In N/A, Cuba did not export any products to Sri Lanka.

In 2023, Cuba did not export any services to Sri Lanka.

Comparison: In 2023, Sri Lanka ranked 85 in the Economic Complexity Index (ECI -0.44), and 90 in total exports ($13.8B). 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, Sri Lanka exported $128k to Cuba. The main products exported from Sri Lanka to Cuba were Used Rubber Tires ($113k) and Rubber Tires ($14.3k). During the last 5 years the exports of Sri Lanka to Cuba have decreased at an annualized rate of 22%, from $443k in 2018 to $128k in 2023.

Cuba does not register exports to Sri Lanka. The main products exported from Cuba to Sri Lanka were Raw Tobacco ($409k), Rolled Tobacco ($14k), and Hard Liquor ($5.66k).

Exports from Sri Lanka () to Cuba () (2023)

Exports from Cuba () to Sri Lanka () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Sri Lanka
Top DestinationUnited States$2.98B

Cuba
Top DestinationChina$358M

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

In 2023, countries that imported more from Sri Lanka than Cuba included United States ($2.98B), India ($991M), and United Kingdom ($900M).

In 2023, countries that imported more from Cuba than Sri Lanka included China ($358M), Cyprus ($42.5M), and Macau ($29.2M).

Difference in imports from Cuba () and Sri Lanka () (2023)

Comparative Advantage Sri Lanka - Cuba

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Sri Lanka had a large net trade with Cuba in the exports of Plastics and Rubbers ($128k).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Sri Lanka () to Cuba () (2023)

Exports from Cuba () to Sri Lanka () (2023)

Market Competitiveness

Difference in imports from Cuba () and Sri Lanka () (2023)

Comparative Advantage Sri Lanka - Cuba

Economic Complexity

Competitive Landscape

Product Space of Sri Lanka () and Cuba () (2023)

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