2022
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GDP
$247BCURRENT US$
Rnk 50 / 186
2012-2022
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GDP GROWTH
40.3%CURRENT US$
Rnk 82 / 186
2022
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GDP PC 
$48,249CURRENT US$
Rnk 22 / 186
2012-2022
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GDP PC GROWTH
20.7%CURRENT US$
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About

New Zealand-Cuba In 2022, New Zealand exported $37.4M to Cuba. The main products that New Zealand exported to Cuba are Concentrated Milk ($37.4M). During the last 27 years the exports of New Zealand to Cuba have increased at an annualized rate of 3.16%, from $16.1M in 1995 to $37.4M in 2022.

In 2022, New Zealand did not export any services to Cuba.

Cuba-New Zealand In 2022, Cuba exported $1.49M to New Zealand. The main products that Cuba exported to New Zealand were Coffee ($957k), Rolled Tobacco ($358k), and Hard Liquor ($167k). During the last 27 years the exports of Cuba to New Zealand have increased at an annualized rate of 10.2%, from $108k in 1995 to $1.49M in 2022.

In 2022, Cuba did not export any services to New Zealand.

Comparison In 2022,  New Zealand ranked 44 in the Economic Complexity Index (ECI 0.46),  and 64 in total exports ($46.5B). 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, New Zealand exported $37.4M to Cuba. The main products exported from New Zealand to Cuba were Concentrated Milk ($37.4M). During the last 27 years the exports of New Zealand to Cuba have increased at an annualized rate of 3.16%, from $16.1M in 1995 to $37.4M in 2022.

In 2022, Cuba exported $1.49M to New Zealand. The main products exported from Cuba to New Zealand were Coffee ($957k), Rolled Tobacco ($358k), and Hard Liquor ($167k). During the last 27 years the exports of Cuba to New Zealand have increased at an annualized rate of 10.2%, from $108k in 1995 to $1.49M in 2022.

Exports from New Zealand (Flag) to Cuba (Flag) (2022)

Exports from Cuba (Flag) to New Zealand (Flag) (2022)

Latest Data

Trade between New Zealand (Flag) and Cuba (Flag)

New Zealand Exports

Market Competitiveness

Color
New Zealand
Top Destination
China$13.1B
Cuba
Top Destination
China$426M

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

In 2021, countries that imported more from New Zealand than Cuba were China ($13.1B), Australia ($5.35B), and United States ($5.07B).

In 2021, countries that imported more from Cuba than New Zealand were Cyprus ($31.2M), Portugal ($43.3M), and Slovenia ($10.8M).

Difference in imports from Cuba (Flag) and New Zealand (Flag) (2022)

Comparative Advantage New Zealand - Cuba

Flow
Scale

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

During 2022, New Zealand had a large net trade with Cuba in the exports of Animal Products ($37.4M).

During 2022, Cuba had a large net trade with New Zealand in the exports of Vegetable Products ($957k), Foodstuffs ($525k), and Machines ($3.87k).

Economic Complexity

Competitive Landscape

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 New Zealand has comparative advantage over Cuba. Similarly, the more yellow a dot/product is, the more Cuba has comparative advantage over New Zealand.

Product Space of New Zealand (Flag) and Cuba (Flag) (2022)

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