2022
Flag  
GDP
$12.6BCURRENT US$
Rnk 141 / 186
2012-2022
Flag
GDP GROWTH
-3.33%CURRENT US$
Rnk 168 / 186
2022
Flag
GDP PC 
$4,911CURRENT US$
Rnk 113 / 186
2012-2022
Flag
GDP PC GROWTH
-18.4%CURRENT US$
Rnk 170 / 186

About

Namibia-Cuba Trade: In 2022, Namibia exported $16.3k to Cuba. The main products that Namibia exported to Cuba were Electric Batteries ($8k), Motorcycles and cycles ($7.4k), and Rubber Tires ($597). Over the past 5 years the exports of Namibia to Cuba have decreased at an annualized rate of 1.33%, from $17.5k in 2017 to $16.3k in 2022.

In 2022, Namibia did not export any services to Cuba.

Cuba-Namibia Trade: In 2022, Cuba exported $2.95k to Namibia. The main products that Cuba exported to Namibia were Rolled Tobacco ($1.28k), Bricks ($842), and Hard Liquor ($688). Over the past 5 years the exports of Cuba to Namibia have decreased at an annualized rate of 7.56%,  from $4.37k in 2017 to $2.95k in 2022.

In 2022, Cuba did not export any services to Namibia.

Comparison In 2022,  Namibia ranked 94 in the Economic Complexity Index (ECI -0.63),  and 121 in total exports ($6.18B). That same year, Cuba ranked 161 in total exports ($1.07B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Namibia exported $16.3k to Cuba. The main products exported from Namibia to Cuba were Electric Batteries ($8k), Motorcycles and cycles ($7.4k), and Rubber Tires ($597). During the last 5 years the exports of Namibia to Cuba have decreased at an annualized rate of 1.33%, from $17.5k in 2017 to $16.3k in 2022.

In 2017, Cuba exported $2.95k to Namibia. The main products exported from Cuba to Namibia were Rolled Tobacco ($1.28k), Bricks ($842), and Hard Liquor ($688). During the last 5 years the exports of Cuba to Namibia have decreased at an annualized rate of 7.56%, from $4.37k in 2022 to $2.95k in 2017.

Exports from Namibia (Flag) to Cuba (Flag) (2022)

Exports from Cuba (Flag) to Namibia (Flag) (2022)

Latest Data

Trade between Namibia (Flag) and Cuba (Flag)

Namibia Exports

Market Competitiveness

Color
Namibia
Top Destination
South Africa$1.75B
Cuba
Top Destination
China$426M

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

In 2022, countries that imported more from Namibia than Cuba included South Africa ($1.75B), Botswana ($672M), and Zambia ($279M).

In 2022, countries that imported more from Cuba than Namibia included Switzerland ($41.4M), Macau ($28.9M), and Cyprus ($31.2M).

Difference in imports from Cuba (Flag) and Namibia (Flag) (2022)

Comparative Advantage Namibia - Cuba

Flow
Scale

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

During 2022, Namibia had a large net trade with Cuba in the exports of Machines ($8k), Transportation ($7.4k), and Plastics and Rubbers ($597).

During 2017, Cuba had a large net trade with Namibia in the exports of Foodstuffs ($1.97k), Stone And Glass ($842), and Machines ($135).

Economic Complexity

Competitive Landscape

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

Product Space of Namibia (Flag) and Cuba (Flag) (2022)

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