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Pricing

2022
Flag → Flag
Exports $341MRnk 114 / 219
2022
Flag → Flag
Top Product $295MPoultry Meat
2022
Flag → Flag
Exports $5.6MRnk 25 / 123
2022
Flag → Flag
Top Product $4.73MPaintings
2022
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Economic Complexity (ECI) ECI 1.41Rnk 10 / 124
2022
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GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
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GDP GROWTH56.7%CURRENT US$
Rnk 45 / 186
2022
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GDP PC $76,399CURRENT US$
Rnk 8 / 186
2012-2022
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GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186

About

United States-Cuba In 2022, United States exported $341M to Cuba. The main products that United States exported to Cuba are Poultry Meat ($295M), Soybeans ($11.1M), and Corn ($8.25M). During the last 27 years the exports of United States to Cuba have increased at an annualized rate of 24.4%, from $934k in 1995 to $341M in 2022.

In 2022, United States did not export any services to Cuba.

Cuba-United States In 2022, Cuba exported $5.6M to United States. The main products that Cuba exported to United States were Paintings ($4.73M), Antiques ($574k), and Sculptures ($181k). During the last 27 years the exports of Cuba to United States have increased at an annualized rate of 8.29%, from $652k in 1995 to $5.6M in 2022.

In 2022, Cuba did not export any services to United States.

Comparison In 2022,  United States ranked 10 in the Economic Complexity Index (ECI 1.41),  and 2 in total exports ($1.95T). That same year, Cuba ranked 161 in total exports ($1.07B), and does not have data regarding Economic Complexity Index.

COMPANIES In 2023, leading companies such as YOKOHAMA TIRE CORPORATION (112) and AYCO FARMS INC (45) were at the forefront of exporting goods from Cuba to the United States. Conversely, PROCESADORA INDUSTRIAL FORTALEZA, (112) and FRUTAS TROPICALES DE (45) were notable for importing Cuba products to the United States.

Latest Trends

January, 2024

About

Overview In January 2024, United States exported $51.5M and imported $941k from Cuba, resulting in a positive trade balance of $50.6M. Between January 2023 and January 2024 the exports of United States have increased by $17.8M (53%) from $33.7M to $51.5M, while imports increased by $828k (736%) from $113k to $941k.

Trade In January 2024, the top exports of United States to Cuba were Poultry Meat ($27.3M), Phosphinates (hypophosphites) and phosphonates (phosphites) ($4.57M), Commodities not elsewhere specified ($1.09M), Semi chemical Woodpulp ($306k), and Railway Cargo Containers ($158k). In January 2024 the top imports of United States from Cuba were Paintings ($100k) and Sculptures ($12.5k).

Origins In January 2024 the exports of United States were mainly from Florida ($29M), Georgia ($6.99M), Louisiana ($5.13M), Virginia ($2.85M), and North Carolina ($2.33M), while imports destinations were mainly New York ($941k).

Growth In January 2024, the increase in United States's year-by-year exports to Cuba was explained primarily by an increase in product exports in Poultry Meat ($5.87M or 27.5%), Commodities not elsewhere specified ($688k or 173%), and Semi chemical Woodpulp ($18k or 6.24%). In January 2024, the increase in United States's year-by-year imports  from Cuba was explained primarily by an increase in product imports  in Paintings ($32k or 47.1%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)$17.8M(53%)
IMPORT GROWTH (January 2023 - January 2024)$828k(736%)
MAIN EXPORTER (January 2024)Florida$29M

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

To check Cuba and United States 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 2022, United States exported $341M to Cuba. The main products exported from United States to Cuba were Poultry Meat ($295M), Soybeans ($11.1M), and Corn ($8.25M). During the last 27 years the exports of United States to Cuba have increased at an annualized rate of 24.4%, from $934k in 1995 to $341M in 2022.

In 2022, Cuba exported $5.6M to United States. The main products exported from Cuba to United States were Paintings ($4.73M), Antiques ($574k), and Sculptures ($181k). During the last 23 years the exports of Cuba to United States have increased at an annualized rate of 8.29%, from $652k in 1999 to $5.6M in 2022.

Exports from United States (Flag) to Cuba (Flag) (2022)

Exports from Cuba (Flag) to United States (Flag) (2022)

Market Competitiveness

Color
United States
Top DestinationCanada$308B
Cuba
Top DestinationChina$426M

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

In 2021, countries that imported more from United States than Cuba were Canada ($308B), Mexico ($294B), and China ($151B).

In 2021, countries that imported more from Cuba than United States were Andorra ($4.23M).

Difference in imports from Cuba (Flag) and United States (Flag) (2022)

Comparative Advantage United States - Cuba

Flow
Scale

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

During 2022, United States had a large net trade with Cuba in the exports of Animal Products ($296M), Vegetable Products ($21M), and Chemical Products ($16M).

During 2022, Cuba had a large net trade with United States in the exports of Arts and Antiques ($5.6M).

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

Product Space of United States (Flag) and Cuba (Flag) (2022)

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