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2023
Flag → Flag
Exports $3.24MRnk 166 / 212
2023
Flag → Flag
Top Product $1.32MPolyacetals
2023
Flag → Flag
Exports $6.65MRnk 26 / 121
2023
Flag → Flag
Top Product $4.74MRolled Tobacco
2023
Flag
Economic Complexity (ECI) ECI 2Rnk 2 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.42Rnk 82 / 132

About

Chinese Taipei-Cuba Trade: In 2023, Chinese Taipei exported $3.24M to Cuba. The main products that Chinese Taipei exported to Cuba were Polyacetals ($1.32M), Rubberworking Machinery ($721k), and Styrene Polymers ($373k). Over the past 5 years the exports of Chinese Taipei to Cuba have decreased at an annualized rate of 26.6%, from $15.3M in 2018 to $3.24M in 2023.

In 2023, Chinese Taipei did not export any services to Cuba.

Cuba-Chinese Taipei Trade: In 2023, Cuba exported $6.65M to Chinese Taipei. The main products that Cuba exported to Chinese Taipei were Rolled Tobacco ($4.74M), Scrap Copper ($831k), and Crustaceans ($755k). Over the past 5 years the exports of Cuba to Chinese Taipei have decreased at an annualized rate of 0.31%,  from $6.75M in 2018 to $6.65M in 2023.

In 2023, Cuba did not export any services to Chinese Taipei.

Comparison: In 2023,  Chinese Taipei ranked 2 in the Economic Complexity Index (ECI 2), and 11 in total exports ($509B). 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, Chinese Taipei exported $3.24M to Cuba. The main products exported from Chinese Taipei to Cuba were Polyacetals ($1.32M), Rubberworking Machinery ($721k), and Styrene Polymers ($373k). During the last 5 years the exports of Chinese Taipei to Cuba have decreased at an annualized rate of 26.6%, from $15.3M in 2018 to $3.24M in 2023.

In 2018, Cuba exported $6.65M to Chinese Taipei. The main products exported from Cuba to Chinese Taipei were Rolled Tobacco ($4.74M), Scrap Copper ($831k), and Crustaceans ($755k). During the last 5 years the exports of Cuba to Chinese Taipei have decreased at an annualized rate of 0.31%, from $6.75M in 2023 to $6.65M in 2018.

Exports from Chinese Taipei (Flag) to Cuba (Flag) (2023)

Exports from Cuba (Flag) to Chinese Taipei (Flag) (2023)

Market Competitiveness

Color
Chinese Taipei
Top DestinationChina$101B
Cuba
Top DestinationChina$358M

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

In 2023, countries that imported more from Chinese Taipei than Cuba included China ($101B), United States ($85.6B), and Hong Kong ($66.1B).

In 2023, countries that imported more from Cuba than Chinese Taipei included Cyprus ($42.5M).

Difference in imports from Cuba (Flag) and Chinese Taipei (Flag) (2023)

Comparative Advantage Chinese Taipei - Cuba

Flow
Scale

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

During 2023, Chinese Taipei had a large net trade with Cuba in the exports of Plastics and Rubbers ($1.78M), Machines ($1.04M), and Metals ($178k).

During 2018, Cuba had a large net trade with Chinese Taipei in the exports of Foodstuffs ($4.85M), Metals ($1.02M), and Animal Products ($755k).

Economic Complexity

Competitive Landscape

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

Product Space of Chinese Taipei (Flag) and Cuba (Flag) (2023)

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