2023
Flag  
GDP
$45.8BCURRENT US$
Rnk 95 / 195
2013-2023
Flag
GDP GROWTH
-11.1%CURRENT US$
Rnk 182 / 195
2023
Flag
GDP PC 
$67,477CURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP PC GROWTH
-22.5%CURRENT US$
Rnk 181 / 195

About

Macau-Cuba Trade: In 2020, Macau exported $4.49k to Cuba. The main products that Macau exported to Cuba were N/A. Over the past 17 years the exports of Macau to Cuba have increased at an annualized rate of 9.75%, from $923 in 2003 to $4.49k in 2020.

In 2020, Macau did not export any services to Cuba.

Cuba-Macau Trade: In 2020, Cuba exported $29.2M to Macau. The main products that Cuba exported to Macau were Rolled Tobacco ($29.1M), Processed Crustaceans ($105k), and Wood Ornaments ($3.19k). Over the past 17 years the exports of Cuba to Macau have increased at an annualized rate of 45.4%,  from $4.49M in 2003 to $29.2M in 2020.

In 2020, Cuba did not export any services to Macau.

Comparison In 2023,  Macau ranked 145 in total exports ($1.93B), and does not have data regarding Economic Complexity Index. 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 2020, Macau exported $4.49k to Cuba. There were not main exports from Macau to Cuba in 2020. During the last 17 years the exports of Macau to Cuba have increased at an annualized rate of 9.75%, from $923 in 2003 to $4.49k in 2020.

In 2018, Cuba exported $29.2M to Macau. The main products exported from Cuba to Macau were Rolled Tobacco ($29.1M), Processed Crustaceans ($105k), and Wood Ornaments ($3.19k). During the last 5 years the exports of Cuba to Macau have increased at an annualized rate of 45.4%, from $4.49M in 2023 to $29.2M in 2018.

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

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

Market Competitiveness

Color
Macau
Top Destination
Hong Kong$1.4B
Cuba
Top Destination
China$358M

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

In 2023, countries that imported more from Macau than Cuba included Hong Kong ($1.4B), United States ($107M), and Philippines ($61M).

In 2023, countries that imported more from Cuba than Macau included China ($358M), Spain ($129M), and Germany ($68.1M).

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

Comparative Advantage Macau - Cuba

Flow
Scale

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

During 2020, Macau had a large net trade with Cuba in the exports of .

During 2018, Cuba had a large net trade with Macau in the exports of Foodstuffs ($29.2M) and Wood Products ($3.67k).

Economic Complexity

Competitive Landscape

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

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

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