2022
Flag
 GDP
$406BCURRENT US$
Rnk 37 / 186
2012-2022
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GDP GROWTH
-6.57%CURRENT US$
Rnk 171 / 186
2022
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GDP PC
$6,776CURRENT US$
Rnk 95 / 186
2012-2022
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GDP PC GROWTH
-17.1%CURRENT US$
Rnk 167 / 186

About

Cuba-South Africa In 2022, Cuba exported $1.36M to South Africa. The main products that Cuba exported to South Africa are Rolled Tobacco ($1.25M), Hard Liquor ($102k), and Valves ($2.34k). During the last 27 years the exports of Cuba to South Africa have increased at an annualized rate of 14%, from $39.6k in 1995 to $1.36M in 2022.

In 2022, Cuba did not export any services to South Africa.

South Africa-Cuba In 2022, South Africa exported $3.06M to Cuba. The main products that South Africa exported to Cuba were Packaged Medicaments ($642k), Stone Processing Machines ($529k), and Interchangeable Tool Parts ($400k). During the last 27 years the exports of South Africa to Cuba have decreased at an annualized rate of 6.18%, from $17.1M in 1995 to $3.06M in 2022.

In 2022, South Africa did not export any services to Cuba.

Comparison In 2022,  Cuba ranked 161 in total exports ($1.07B), and does not have data regarding Economic Complexity Index. That same year, South Africa ranked 61 in the Economic Complexity Index (ECI 0.033), and 34 in total exports ($147B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cuba exported $1.36M to South Africa. The main products exported from Cuba to South Africa were Rolled Tobacco ($1.25M), Hard Liquor ($102k), and Valves ($2.34k). During the last 27 years the exports of Cuba to South Africa have increased at an annualized rate of 14%, from $39.6k in 1995 to $1.36M in 2022.

In 2022, South Africa exported $3.06M to Cuba. The main products exported from South Africa to Cuba were Packaged Medicaments ($642k), Stone Processing Machines ($529k), and Interchangeable Tool Parts ($400k). During the last 27 years the exports of South Africa to Cuba have decreased at an annualized rate of 6.18%, from $17.1M in 1995 to $3.06M in 2022.

Exports from Cuba (Flag) to South Africa (Flag) (2022)

Exports from South Africa (Flag) to Cuba (Flag) (2022)

Latest Data

Trade between Cuba (Flag) and South Africa (Flag)

South Africa Exports

Market Competitiveness

Color
Cuba
Top Destination
China$426M
South Africa
Top Destination
China$23.4B

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

In 2021, countries that imported more from Cuba than South Africa were Cyprus ($31.2M), Macau ($28.9M), and Andorra ($4.23M).

In 2021, countries that imported more from South Africa than Cuba were China ($23.4B), United States ($10.9B), and Germany ($9.96B).

Difference in imports from South Africa (Flag) and Cuba (Flag) (2022)

Comparative Advantage Cuba - South Africa

Flow
Scale

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

During 2022, Cuba had a large net trade with South Africa in the exports of Foodstuffs ($1.35M), Machines ($3.53k), and Vegetable Products ($1.05k).

During 2022, South Africa had a large net trade with Cuba in the exports of Machines ($1.1M), Metals ($871k), and Chemical Products ($642k).

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

Product Space of Cuba (Flag) and South Africa (Flag) (2022)

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