2022
Flag  
GDP
$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH
12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
GDP PC 
$15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH
-0.33%CURRENT US$
Rnk 144 / 186

About

Chile-Cuba Trade: In 2022, Chile exported $18.3M to Cuba. The main products that Chile exported to Cuba were Concentrated Milk ($3.45M), Plastic Pipes ($1.96M), and Paper Containers ($1.87M). Over the past 5 years the exports of Chile to Cuba have decreased at an annualized rate of 14.1%, from $39.2M in 2017 to $18.3M in 2022.

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

Cuba-Chile Trade: In 2022, Cuba exported $3.62M to Chile. The main products that Cuba exported to Chile were Hard Liquor ($2.96M), Rolled Tobacco ($352k), and Vaccines, blood, antisera, toxins and cultures ($250k). Over the past 5 years the exports of Cuba to Chile have increased at an annualized rate of 1.09%,  from $3.43M in 2017 to $3.62M in 2022.

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

Comparison In 2022,  Chile ranked 74 in the Economic Complexity Index (ECI -0.18),  and 44 in total exports ($99B). 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, Chile exported $18.3M to Cuba. The main products exported from Chile to Cuba were Concentrated Milk ($3.45M), Plastic Pipes ($1.96M), and Paper Containers ($1.87M). During the last 5 years the exports of Chile to Cuba have decreased at an annualized rate of 14.1%, from $39.2M in 2017 to $18.3M in 2022.

In 2017, Cuba exported $3.62M to Chile. The main products exported from Cuba to Chile were Hard Liquor ($2.96M), Rolled Tobacco ($352k), and Vaccines, blood, antisera, toxins and cultures ($250k). During the last 5 years the exports of Cuba to Chile have increased at an annualized rate of 1.09%, from $3.43M in 2022 to $3.62M in 2017.

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

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

Market Competitiveness

Color
Chile
Top Destination
China$38.5B
Cuba
Top Destination
China$426M

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

In 2022, countries that imported more from Chile than Cuba included China ($38.5B), United States ($13.9B), and Japan ($7.43B).

In 2022, countries that imported more from Cuba than Chile included Macau ($28.9M), Cyprus ($31.2M), and Andorra ($4.23M).

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

Comparative Advantage Chile - Cuba

Flow
Scale

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

During 2022, Chile had a large net trade with Cuba in the exports of Animal Products ($5.42M), Foodstuffs ($4.41M), and Vegetable Products ($2.73M).

During 2017, Cuba had a large net trade with Chile in the exports of Foodstuffs ($3.31M), Chemical Products ($277k), and Mineral Products ($24k).

Economic Complexity

Competitive Landscape

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

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

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