Austria (AUT) and Cuba (CUB) Trade | The Observatory of Economic Complexity

2022

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Exports $5.06MRnk 142 / 217

2022

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About

Austria-Cuba Trade: In 2022, Austria exported $5.06M to Cuba. The main products that Austria exported to Cuba were Flavored Water ($1.28M), Large Construction Vehicles ($1.23M), and Vaccines, blood, antisera, toxins and cultures ($554k). Over the past 5 years the exports of Austria to Cuba have decreased at an annualized rate of 24.3%, from $20.4M in 2017 to $5.06M in 2022.

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

Cuba-Austria Trade: In 2022, Cuba exported $358k to Austria. The main products that Cuba exported to Austria were Honey ($227k), Other Processed Fruits and Nuts ($109k), and Hard Liquor ($7.1k). Over the past 5 years the exports of Cuba to Austria have decreased at an annualized rate of 28.1%, from $1.86M in 2017 to $358k in 2022.

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

Comparison In 2022, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B). That same year, Cuba ranked 161 in total exports ($1.07B), and does not have data regarding Economic Complexity Index.

Historical Data

Latest Data

Trade between Austria () and Cuba ()

Austria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Austria
Top DestinationGermany$57.7B

Cuba
Top DestinationChina$426M

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

In 2022, countries that imported more from Austria than Cuba included Germany ($57.7B), United States ($14.4B), and Italy ($13.6B).

In 2022, countries that imported more from Cuba than Austria included Macau ($28.9M).

Difference in imports from Cuba () and Austria () (2022)

Economic Complexity

Competitive Landscape

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