Nigeria (NGA) and Cuba (CUB) Trade | The Observatory of Economic Complexity

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Nigeria-Cuba Trade: In 2018, Nigeria exported $3.43M to Cuba. The main products that Nigeria exported to Cuba were N/A. Over the past 6 years the exports of Nigeria to Cuba have increased at an annualized rate of 521%, from $60 in 2012 to $3.43M in 2018.

In 2018, Nigeria did not export any services to Cuba.

Cuba-Nigeria Trade: In 2018, Cuba exported $658 to Nigeria. The main products that Cuba exported to Nigeria were Used Clothing ($658). Over the past 6 years the exports of Cuba to Nigeria have decreased at an annualized rate of 57.8%, from $49k in 2012 to $658 in 2018.

In 2018, Cuba did not export any services to Nigeria.

Comparison In 2022, Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2018, Nigeria exported $3.43M to Cuba. There were not main exports from Nigeria to Cuba in 2018. During the last 6 years the exports of Nigeria to Cuba have increased at an annualized rate of 521%, from $60 in 2012 to $3.43M in 2018.

In 2017, Cuba exported $658 to Nigeria. The main products exported from Cuba to Nigeria were Used Clothing ($658). During the last 5 years the exports of Cuba to Nigeria have decreased at an annualized rate of 57.8%, from $49k in 2022 to $658 in 2017.

Exports from Nigeria () to Cuba () (2022)

Exports from Cuba () to Nigeria () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nigeria
Top DestinationSpain$9.41B

Cuba
Top DestinationChina$426M

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

In 2022, countries that imported more from Nigeria than Cuba included Spain ($9.41B), India ($8.2B), and France ($4.95B).

In 2022, countries that imported more from Cuba than Nigeria included Cyprus ($31.2M), Macau ($28.9M), and Luxembourg ($5.62M).

Difference in imports from Cuba () and Nigeria () (2022)

Comparative Advantage Nigeria - Cuba

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2018, Nigeria had a large net trade with Cuba in the exports of .

During 2017, Cuba had a large net trade with Nigeria in the exports of Textiles ($658).

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Nigeria () to Cuba () (2022)

Exports from Cuba () to Nigeria () (2022)

Market Competitiveness

Difference in imports from Cuba () and Nigeria () (2022)

Comparative Advantage Nigeria - Cuba

Economic Complexity

Competitive Landscape

Product Space of Nigeria () and Cuba () (2022)

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