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Pricing

2022
Flag → Flag
Exports $404MRnk 156 / 211
2022
Flag → Flag
Top Product $12.4MRubber Tires
2022
Flag → Flag
Exports $426MRnk 1 / 123
2022
Flag → Flag
Top Product $163MNickel Mattes
2022
Flag
Economic Complexity (ECI) ECI 1.12Rnk 22 / 133
2022
Flag  
GDP$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH111%CURRENT US$
Rnk 11 / 186
2022
Flag
GDP PC $12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH102%CURRENT US$
Rnk 8 / 186

About

China-Cuba Trade: In 2022, China exported $404M to Cuba. The main products that China exported to Cuba were Rubber Tires ($12.4M), Video Displays ($10.2M), and Motorcycles and cycles ($9.91M). Over the past 5 years the exports of China to Cuba have decreased at an annualized rate of 24.5%, from $1.64B in 2017 to $404M in 2022.

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

Cuba-China Trade: In 2022, Cuba exported $426M to China. The main products that Cuba exported to China were Nickel Mattes ($163M), Zinc Ore ($127M), and Precious Metal Ore ($50.7M). Over the past 5 years the exports of Cuba to China have increased at an annualized rate of 2.28%,  from $381M in 2017 to $426M in 2022.

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

Comparison In 2022,  China ranked 22 in the Economic Complexity Index (ECI 1.12),  and 1 in total exports ($3.73T). That same year, Cuba ranked 161 in total exports ($1.07B), and does not have data regarding Economic Complexity Index.

Latest Trends

August, 2024

About

Overview In August 2024, China exported $62.2M and imported $22M from Cuba, resulting in a positive trade balance of $40.2M. Between August 2023 and August 2024 the exports of China have increased by $17.1M (37.9%) from $45.1M to $62.2M, while imports decreased by $-2.64M (-10.7%) from $24.7M to $22M.

Trade In August 2024, the top exports of China to Cuba were Coated Flat-Rolled Iron ($8.2M), Plastic Lids ($1.58M), Motorcycles and cycles ($1.25M), Light Fixtures ($1.21M), and Electric Generating Sets ($1.2M). In August 2024 the top imports of China from Cuba were Nickel Mattes ($21.2M), Precious Metal Ore ($4.45M), Zinc Ore ($3.18M), Crustaceans ($2.66M), and Inorganic Salts ($426k).

Origins In August 2024 the exports of China were mainly from Zhejiang Province ($23.8M), Beijing ($10.9M), Shandong Province ($5.76M), Henan Province ($3.95M), and Fujian Province ($2.72M), while imports destinations were mainly Jiangsu Province ($5.02M), Guangxi Zhuang Autonomous Region ($4.73M), Jiangxi Province ($4.42M), Beijing ($3.56M), and Anhui Province ($1.65M).

Growth In August 2024, the increase in China's year-by-year exports to Cuba was explained primarily by an increase in product exports in Coated Flat-Rolled Iron ($8.16M or 20.1k%), Plastic Lids ($1.02M or 179%), and Large Construction Vehicles ($956k or 1.48k%). In August 2024, the decrease in China's year-by-year imports  from Cuba was explained primarily by an decrease in product imports  in Zinc Ore ($-12.1M or -79.2%), Crustaceans ($-4.19M or -61.2%), and Hard Liquor ($-91k or -68.4%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)$17.1M(37.9%)
IMPORT GROWTH (August 2023 - August 2024)$-2.64M(-10.7%)
MAIN EXPORTER (August 2024)Zhejiang Province$23.8M

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

To check Cuba and China 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, China exported $404M to Cuba. The main products exported from China to Cuba were Rubber Tires ($12.4M), Video Displays ($10.2M), and Motorcycles and cycles ($9.91M). During the last 5 years the exports of China to Cuba have decreased at an annualized rate of 24.5%, from $1.64B in 2017 to $404M in 2022.

In 2017, Cuba exported $426M to China. The main products exported from Cuba to China were Nickel Mattes ($163M), Zinc Ore ($127M), and Precious Metal Ore ($50.7M). During the last 5 years the exports of Cuba to China have increased at an annualized rate of 2.28%, from $381M in 2022 to $426M in 2017.

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

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

Market Competitiveness

Color
China
Top DestinationN/AN/A
Cuba
Top DestinationN/AN/A

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

N/A

N/A

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

Comparative Advantage China - Cuba

Flow
Scale

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

During 2022, China had a large net trade with Cuba in the exports of Machines ($137M), Transportation ($52.7M), and Chemical Products ($42.3M).

During 2017, Cuba had a large net trade with China in the exports of Mineral Products ($178M), Metals ($168M), and Foodstuffs ($46.5M).

Economic Complexity

Competitive Landscape

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

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

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