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Pricing

2022
Flag → Flag
Exports $33.1MRnk 104 / 217
2022
Flag → Flag
Top Product $24.7MBroadcasting Equipment
2022
Flag → Flag
Exports $2.55MRnk 40 / 123
2022
Flag → Flag
Top Product $2.05MRolled Tobacco
2022
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Economic Complexity (ECI) ECI 1.5Rnk 7 / 124
2022
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GDP$586BCURRENT US$
Rnk 23 / 186
2012-2022
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GDP GROWTH6.06%CURRENT US$
Rnk 151 / 186
2022
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GDP PC $55,873CURRENT US$
Rnk 13 / 186
2012-2022
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GDP PC GROWTH-3.73%CURRENT US$
Rnk 149 / 186

About

Sweden-Cuba In 2022, Sweden exported $33.1M to Cuba. The main products that Sweden exported to Cuba are Broadcasting Equipment ($24.7M), Ethylene Polymers ($6.48M), and Insulated Wire ($318k). During the last 27 years the exports of Sweden to Cuba have increased at an annualized rate of 5.28%, from $8.27M in 1995 to $33.1M in 2022.

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

Cuba-Sweden In 2022, Cuba exported $2.55M to Sweden. The main products that Cuba exported to Sweden were Rolled Tobacco ($2.05M), Broadcasting Equipment ($332k), and Electrical Transformers ($93.8k). During the last 27 years the exports of Cuba to Sweden have increased at an annualized rate of 12.6%, from $105k in 1995 to $2.55M in 2022.

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

Comparison In 2022,  Sweden ranked 7 in the Economic Complexity Index (ECI 1.5),  and 33 in total exports ($194B). That same year, Cuba ranked 161 in total exports ($1.07B), and does not have data regarding Economic Complexity Index.

Latest Trends

December, 2023

About

Overview In December 2023, Sweden exported SEK717k and imported SEK3.29M from Cuba, resulting in a negative trade balance of SEK2.57M. Between December 2022 and December 2023 the exports of Sweden have decreased by SEK-4.61M (-86.5%) from SEK5.32M to SEK717k, while imports increased by SEK1.88M (134%) from SEK1.41M to SEK3.29M.

Trade In December 2023, the top exports of Sweden to Cuba were Telephones (SEK529k), Commodities not elsewhere specified (SEK34k), Metalworking Machine Parts (SEK25k), Felt or Coated Fabric Garments (SEK12k), and Knit Babies' Garments (SEK3k). In December 2023 the top imports of Sweden from Cuba were Rolled Tobacco (SEK3.35M).

Growth In December 2023, the decrease in Sweden's year-by-year exports to Cuba was explained primarily by an decrease in product exports in . In December 2023, the increase in Sweden's year-by-year imports  from Cuba was explained primarily by an increase in product imports  in Rolled Tobacco (SEK2.66M or 388%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (December 2022 - December 2023)SEK-4.61M(-86.5%)
IMPORT GROWTH (December 2022 - December 2023)SEK1.88M(134%)

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

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

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sweden exported $33.1M to Cuba. The main products exported from Sweden to Cuba were Broadcasting Equipment ($24.7M), Ethylene Polymers ($6.48M), and Insulated Wire ($318k). During the last 27 years the exports of Sweden to Cuba have increased at an annualized rate of 5.28%, from $8.27M in 1995 to $33.1M in 2022.

In 2022, Cuba exported $2.55M to Sweden. The main products exported from Cuba to Sweden were Rolled Tobacco ($2.05M), Broadcasting Equipment ($332k), and Electrical Transformers ($93.8k). During the last 27 years the exports of Cuba to Sweden have increased at an annualized rate of 12.6%, from $105k in 1995 to $2.55M in 2022.

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

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

Market Competitiveness

Color
Sweden
Top DestinationGermany$19.2B
Cuba
Top DestinationChina$426M

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

In 2021, countries that imported more from Sweden than Cuba were Germany ($19.2B), Norway ($18.7B), and United States ($17.8B).

In 2021, countries that imported more from Cuba than Sweden were Macau ($28.9M) and Andorra ($4.23M).

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

Comparative Advantage Sweden - Cuba

Flow
Scale

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

During 2022, Sweden had a large net trade with Cuba in the exports of Machines ($26.3M), Plastics and Rubbers ($6.61M), and Metals ($81.7k).

During 2022, Cuba had a large net trade with Sweden in the exports of Foodstuffs ($2.08M), Machines ($434k), and Wood Products ($42.2k).

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

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

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