2022
Flag  
GDP
$633BCURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP GROWTH
15.9%CURRENT US$
Rnk 134 / 186
2022
Flag
GDP PC 
$13,686CURRENT US$
Rnk 65 / 186
2012-2022
Flag
GDP PC GROWTH
4.61%CURRENT US$
Rnk 129 / 186

About

Argentina-Cuba In 2022, Argentina exported $110M to Cuba. The main products that Argentina exported to Cuba are Corn ($79.6M), Concentrated Milk ($19.4M), and Soybean Oil ($8.18M). During the last 27 years the exports of Argentina to Cuba have increased at an annualized rate of 1.95%, from $65.2M in 1995 to $110M in 2022.

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

Cuba-Argentina In 2022, Cuba exported $5.04M to Argentina. The main products that Cuba exported to Argentina were Rolled Tobacco ($2.13M), Vaccines, blood, antisera, toxins and cultures ($1.4M), and Hard Liquor ($1.23M). During the last 27 years the exports of Cuba to Argentina have decreased at an annualized rate of 1.11%, from $6.82M in 1995 to $5.04M in 2022.

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

Comparison In 2022,  Argentina ranked 61 in the Economic Complexity Index (ECI 0.064),  and 47 in total exports ($87.2B). That same year, Cuba ranked 161 in total exports ($1.07B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Argentina exported $110M to Cuba. The main products exported from Argentina to Cuba were Corn ($79.6M), Concentrated Milk ($19.4M), and Soybean Oil ($8.18M). During the last 27 years the exports of Argentina to Cuba have increased at an annualized rate of 1.95%, from $65.2M in 1995 to $110M in 2022.

In 2022, Cuba exported $5.04M to Argentina. The main products exported from Cuba to Argentina were Rolled Tobacco ($2.13M), Vaccines, blood, antisera, toxins and cultures ($1.4M), and Hard Liquor ($1.23M). During the last 27 years the exports of Cuba to Argentina have decreased at an annualized rate of 1.11%, from $6.82M in 1995 to $5.04M in 2022.

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

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

Latest Data

Trade between Argentina (Flag) and Cuba (Flag)

Argentina Exports

Market Competitiveness

Color
Argentina
Top Destination
Brazil$12.6B
Cuba
Top Destination
China$426M

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

In 2021, countries that imported more from Argentina than Cuba were Brazil ($12.6B), China ($8B), and United States ($6.99B).

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

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

Comparative Advantage Argentina - Cuba

Flow
Scale

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

During 2022, Argentina had a large net trade with Cuba in the exports of Vegetable Products ($80.3M), Animal Products ($20.1M), and Animal and Vegetable Bi-Products ($8.18M).

During 2022, Cuba had a large net trade with Argentina in the exports of Foodstuffs ($3.36M), Chemical Products ($1.43M), and Animal Products ($246k).

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

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

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with