Flag Mexico / Cuba Flag

2021
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Exports
: $93.3M, Rnk 67 / 152

2021
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Top Product
: $7.84M, Hair Products

2021
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Exports
: $25.8k, Rnk 40 / 0

2021
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Economic Complexity (ECI)
: ECI 1.09, Rnk 23 / 131

2021
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GDP
: $1.29T, CURRENT US$
Rnk 15 / 182

2011-2021
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GDP GROWTH
: 9.53%, CURRENT US$
Rnk 132 / 182

2021
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GDP PC 
: $9,926, CURRENT US$
Rnk 67 / 182

2011-2021
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GDP PC GROWTH
: -2.71%, CURRENT US$
Rnk 133 / 182

Mexico-Cuba In 2021, Mexico exported $93.3M to Cuba. The main products that Mexico exported to Cuba are Hair Products ($7.84M), Soap ($7.17M), and Concentrated Milk ($6.56M). During the last 26 years the exports of Mexico to Cuba have decreased at an annualized rate of 5.39%, from $394M in 1995 to $93.3M in 2021.

In 2021, Mexico did not export any services to Cuba.

Cuba-Mexico In 2021, Cuba exported $25.8k to Mexico. The main products that Cuba exported to Mexico were N/A. During the last 26 years the exports of Cuba to Mexico have decreased at an annualized rate of 18.9%, from $6.07M in 1995 to $25.8k in 2021.

In 2021, Cuba did not export any services to Mexico.

Comparison In 2021,  Mexico ranked 23 in the Economic Complexity Index (ECI 1.09),  and 12 in total exports ($474B). That same year, Cuba ranked 158 in total exports ($1.09B), and does not have data regarding Economic Complexity Index.

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, Mexico exported $93.3M to Cuba. The main products exported from Mexico to Cuba were Hair Products ($7.84M), Soap ($7.17M), and Concentrated Milk ($6.56M). During the last 26 years the exports of Mexico to Cuba have decreased at an annualized rate of 5.39%, from $394M in 1995 to $93.3M in 2021.

In 2020, Cuba exported $25.8k to Mexico. There were not main exports from Cuba to Mexico in 2020. During the last 25 years the exports of Cuba to Mexico have decreased at an annualized rate of 18.9%, from $6.07M in 1995 to $25.8k in 2020.

Mexico Exports

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Market Competitiveness

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Color

Mexico
Top Destination
: United States, $361B

Cuba
Top Destination
: China, $419M

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

In 2021, countries that imported more from Mexico than Cuba were United States ($361B), Canada ($17.4B), and China ($9.82B).

In 2021, countries that imported more from Cuba than Mexico were Cyprus ($25.1M), Macau ($19M), and Togo ($2.01M).

Comparative Advantage Mexico - Cuba

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Flow
Scale

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

During 2021, Mexico had a large net trade with Cuba in the exports of Chemical Products ($31.3M), Foodstuffs ($11.2M), and Plastics and Rubbers ($9.64M).

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

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Mexico has comparative advantage over Cuba. Similarly, the more yellow a dot/product is, the more Cuba has comparative advantage over Mexico.