2023
Flag  
GDP
$1.12TCURRENT US$
Rnk 18 / 195
2013-2023
Flag
GDP GROWTH
16.8%CURRENT US$
Rnk 149 / 195
2023
Flag
GDP PC 
$13,106CURRENT US$
Rnk 77 / 195
2013-2023
Flag
GDP PC GROWTH
4.19%CURRENT US$
Rnk 147 / 195

About

Turkey-Cuba Trade: In 2023, Turkey exported $62.8M to Cuba. The main products that Turkey exported to Cuba were Wheat Flours ($11.3M), Soybean Oil ($7.8M), and Pasta ($4.39M). Over the past 5 years the exports of Turkey to Cuba have increased at an annualized rate of 4.53%, from $50.3M in 2018 to $62.8M in 2023.

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

Cuba-Turkey Trade: In 2023, Cuba exported $19.6M to Turkey. The main products that Cuba exported to Turkey were Rolled Tobacco ($7.39M), Wood Charcoal ($7.07M), and Hard Liquor ($3.3M). Over the past 5 years the exports of Cuba to Turkey have increased at an annualized rate of 2.38%,  from $17.4M in 2018 to $19.6M in 2023.

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

Comparison: In 2023,  Turkey ranked 41 in the Economic Complexity Index (ECI 0.62), and 28 in total exports ($272B). That same year, Cuba ranked 82 in the Economic Complexity Index (ECI -0.42), and 159 in total exports ($1.05B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Turkey exported $62.8M to Cuba. The main products exported from Turkey to Cuba were Wheat Flours ($11.3M), Soybean Oil ($7.8M), and Pasta ($4.39M). During the last 5 years the exports of Turkey to Cuba have increased at an annualized rate of 4.53%, from $50.3M in 2018 to $62.8M in 2023.

In 2018, Cuba exported $19.6M to Turkey. The main products exported from Cuba to Turkey were Rolled Tobacco ($7.39M), Wood Charcoal ($7.07M), and Hard Liquor ($3.3M). During the last 5 years the exports of Cuba to Turkey have increased at an annualized rate of 2.38%, from $17.4M in 2023 to $19.6M in 2018.

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

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

Latest Data

Trade between Turkey (Flag) and Cuba (Flag)

Turkey Exports

Market Competitiveness

Color
Turkey
Top Destination
Germany$24.7B
Cuba
Top Destination
China$358M

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

In 2023, countries that imported more from Turkey than Cuba included Germany ($24.7B), United States ($15.9B), and United Kingdom ($15.1B).

In 2023, countries that imported more from Cuba than Turkey included Macau ($29.2M).

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

Comparative Advantage Turkey - Cuba

Flow
Scale

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

During 2023, Turkey had a large net trade with Cuba in the exports of Foodstuffs ($14.5M), Vegetable Products ($11.4M), and Animal and Vegetable Bi-Products ($11.1M).

During 2018, Cuba had a large net trade with Turkey in the exports of Foodstuffs ($11M), Wood Products ($7.07M), and Chemical Products ($948k).

Economic Complexity

Competitive Landscape

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

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

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