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2023
Flag → Flag
Exports $397kRnk 173 / 205
2023
Flag → Flag
Top Product $296kSurveying Equipment
2023
Flag → Flag
Exports $1.46MRnk 45 / 121
2023
Flag → Flag
Top Product $1.11MRolled Tobacco
2023
Flag
Economic Complexity (ECI) ECI 0.47Rnk 44 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.42Rnk 82 / 132
2023
Flag  
GDP$485BCURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP GROWTH-7.74%CURRENT US$
Rnk 180 / 195
2023
Flag
GDP PC $87,925CURRENT US$
Rnk 7 / 195
2013-2023
Flag
GDP PC GROWTH-15.1%CURRENT US$
Rnk 171 / 195

About

Norway-Cuba Trade: In 2023, Norway exported $397k to Cuba. The main products that Norway exported to Cuba were Surveying Equipment ($296k), Air Pumps ($49.8k), and Thermostats ($19.1k). Over the past 5 years the exports of Norway to Cuba have decreased at an annualized rate of 51.2%, from $14.4M in 2018 to $397k in 2023.

In 2023, Norway did not export any services to Cuba.

Cuba-Norway Trade: In 2023, Cuba exported $1.46M to Norway. The main products that Cuba exported to Norway were Rolled Tobacco ($1.11M), Hard Liquor ($324k), and Large Construction Vehicles ($21.7k). Over the past 5 years the exports of Cuba to Norway have decreased at an annualized rate of 3.46%,  from $1.75M in 2018 to $1.46M in 2023.

In 2023, Cuba did not export any services to Norway.

Comparison: In 2023,  Norway ranked 44 in the Economic Complexity Index (ECI 0.47), and 33 in total exports ($187B). That same year, Cuba ranked 82 in the Economic Complexity Index (ECI -0.42), and 159 in total exports ($1.05B).

Latest Trends

December, 2024

About

Overview In December 2024, Norway exported NOK332k and imported NOK1.39M from Cuba, resulting in a negative trade balance of NOK1.06M. Between December 2023 and December 2024 the exports of Norway have increased by NOK332k (N/A%) from NOK0 to NOK332k, while imports increased by NOK191k (15.9%) from NOK1.2M to NOK1.39M.

Trade In December 2024, the top exports of Norway to Cuba were Live animals other than animals of... (NOK0), Meat and meat preparations (NOK0), Dairy products and birds' eggs (NOK0), Fish (not marine mammals), crustaceans, molluscs... (NOK0), and Cereals and cereal preparations (NOK0). In December 2024 the top imports of Norway from Cuba were Tobacco and tobacco manufactures (NOK137k), Electrical machinery, apparatus and appliances, n.e.s.,... (NOK27k), Beverages (NOK16k), Cork and wood manufactures (excluding furniture) (NOK4k), and Live animals other than animals of... (NOK0).

Growth In December 2024, the increase in Norway's year-by-year exports to Cuba was explained primarily by an increase in product exports in . In December 2024, the increase in Norway's year-by-year imports  from Cuba was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (December 2023 - December 2024)NOK332k(N/A%)
IMPORT GROWTH (December 2023 - December 2024)NOK191k(15.9%)

This section shows exports and imports data at subnational level for Norway. Click any date in the line plot or any product to explore the exports or imports behavior of Norway over time.

To check Cuba and Norway trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Cuba and Norway Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Norway exported $397k to Cuba. The main products exported from Norway to Cuba were Surveying Equipment ($296k), Air Pumps ($49.8k), and Thermostats ($19.1k). During the last 5 years the exports of Norway to Cuba have decreased at an annualized rate of 51.2%, from $14.4M in 2018 to $397k in 2023.

In 2018, Cuba exported $1.46M to Norway. The main products exported from Cuba to Norway were Rolled Tobacco ($1.11M), Hard Liquor ($324k), and Large Construction Vehicles ($21.7k). During the last 5 years the exports of Cuba to Norway have decreased at an annualized rate of 3.46%, from $1.75M in 2023 to $1.46M in 2018.

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

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

Market Competitiveness

Color
Norway
Top DestinationGermany$33.8B
Cuba
Top DestinationChina$358M

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

In 2023, countries that imported more from Norway than Cuba included Germany ($33.8B), United Kingdom ($32.6B), and Sweden ($15.9B).

In 2023, countries that imported more from Cuba than Norway included Macau ($29.2M), Andorra ($3.77M), and Cape Verde ($499k).

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

Comparative Advantage Norway - Cuba

Flow
Scale

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

During 2023, Norway had a large net trade with Cuba in the exports of Instruments ($315k), Machines ($60.4k), and Animal Products ($6.06k).

During 2018, Cuba had a large net trade with Norway in the exports of Foodstuffs ($1.44M), Machines ($22.2k), and Textiles ($1.53k).

Economic Complexity

Competitive Landscape

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

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

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