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Pricing

2019
Flag → Flag
Exports $285MRnk 7 / 0
2019
Flag → Flag
Exports $18.4MRnk 16 / 0
2022
Flag
Economic Complexity (ECI) ECI 0.43Rnk 47 / 133
2022
Flag  
GDP$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP GROWTH1.45%CURRENT US$
Rnk 164 / 186
2022
Flag
GDP PC $15,345CURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP PC GROWTH-0.49%CURRENT US$
Rnk 145 / 186

About

Russia-Cuba Trade: In 2019, Russia exported $285M to Cuba. The main products that Russia exported to Cuba were N/A. Over the past 5 years the exports of Russia to Cuba have increased at an annualized rate of 23.7%, from $98.5M in 2014 to $285M in 2019.

In 2018, Russia exported services to Cuba worth $10M, with Other business services ($6.9M), Insurance services ($2.4M), and Transportation ($400k) being the largest in terms of value.

Cuba-Russia Trade: In 2019, Cuba exported $18.4M to Russia. The main products that Cuba exported to Russia were N/A. Over the past 5 years the exports of Cuba to Russia have decreased at an annualized rate of 9.83%,  from $57.4M in 2014 to $18.4M in 2019.

In 2019, Cuba did not export any services to Russia.

Comparison In 2022,  Russia ranked 47 in the Economic Complexity Index (ECI 0.43),  and 12 in total exports ($486B). That same year, Cuba ranked 161 in total exports ($1.07B), and does not have data regarding Economic Complexity Index.

Latest Trends

December, 2021

About

Overview In December 2021, Russia exported $616k and imported $1.15M from Cuba, resulting in a negative trade balance of $537k. Between December 2020 and December 2021 the exports of Russia have increased by $527k (586%) from $89.9k to $616k, while imports decreased by $-299k (-20.6%) from $1.45M to $1.15M.

Trade In December 2021, the top exports of Russia to Cuba were . In December 2021 the top imports of Russia from Cuba were .

Origins In December 2021 the exports of Russia were mainly from N/A, while imports destinations were mainly N/A.

Growth In December 2021, the increase in Russia's year-by-year exports to Cuba was explained primarily by an increase in product exports in . In September 2020, the decrease in Russia's year-by-year imports  from Cuba was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2020 - December 2021)$527k(586%)
IMPORT GROWTH (September 2019 - September 2020)$-299k(-20.6%)

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

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

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2019, Russia exported $285M to Cuba. There were not main exports from Russia to Cuba in 2019. During the last 5 years the exports of Russia to Cuba have increased at an annualized rate of 23.7%, from $98.5M in 2014 to $285M in 2019.

In 2014, Cuba exported $18.4M to Russia. There were not main exports from Cuba to Russia in 2014. During the last 5 years the exports of Cuba to Russia have decreased at an annualized rate of 9.83%, from $57.4M in 2019 to $18.4M in 2014.

Exports from Russia (Flag) to Cuba (Flag) (2019)

Exports from Cuba (Flag) to Russia (Flag) (2019)

Market Competitiveness

Color
Russia
Top DestinationChina$101B
Cuba
Top DestinationChina$426M

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

In 2022, countries that imported more from Russia than Cuba included China ($101B), India ($40.4B), and Germany ($27.7B).

In 2022, countries that imported more from Cuba than Russia included Macau ($28.9M), Andorra ($4.23M), and Antigua and Barbuda ($158k).

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

Comparative Advantage Russia - Cuba

Flow
Scale

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

During 2019, Russia had a large net trade with Cuba in the exports of .

During 2014, Cuba had a large net trade with Russia in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Russia (Flag) and Cuba (Flag) (2019)

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