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2022
Flag → Flag
Exports $30.4MRnk 71 / 187
2022
Flag → Flag
Top Product $6.73MBuses
2022
Flag → Flag
Exports $2.4MRnk 42 / 123
2022
Flag → Flag
Top Product $1.1MVaccines, blood, antisera, toxins and cultures
2022
Flag
Economic Complexity (ECI) ECI 0.11Rnk 58 / 133
2022
Flag  
GDP$344BCURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP GROWTH-7.22%CURRENT US$
Rnk 172 / 186
2022
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GDP PC $6,630CURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP PC GROWTH-18.1%CURRENT US$
Rnk 169 / 186

About

Colombia-Cuba Trade: In 2022, Colombia exported $30.4M to Cuba. The main products that Colombia exported to Cuba were Buses ($6.73M), Refined Petroleum ($3.27M), and Soap ($3.12M). Over the past 5 years the exports of Colombia to Cuba have decreased at an annualized rate of 8.06%, from $46.3M in 2017 to $30.4M in 2022.

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

Cuba-Colombia Trade: In 2022, Cuba exported $2.4M to Colombia. The main products that Cuba exported to Colombia were Vaccines, blood, antisera, toxins and cultures ($1.1M), Rolled Tobacco ($582k), and Hard Liquor ($561k). Over the past 5 years the exports of Cuba to Colombia have decreased at an annualized rate of 19.5%,  from $8.81M in 2017 to $2.4M in 2022.

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

Comparison In 2022,  Colombia ranked 58 in the Economic Complexity Index (ECI 0.11),  and 53 in total exports ($60.3B). 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, Colombia exported $30.4M to Cuba. The main products exported from Colombia to Cuba were Buses ($6.73M), Refined Petroleum ($3.27M), and Soap ($3.12M). During the last 5 years the exports of Colombia to Cuba have decreased at an annualized rate of 8.06%, from $46.3M in 2017 to $30.4M in 2022.

In 2017, Cuba exported $2.4M to Colombia. The main products exported from Cuba to Colombia were Vaccines, blood, antisera, toxins and cultures ($1.1M), Rolled Tobacco ($582k), and Hard Liquor ($561k). During the last 5 years the exports of Cuba to Colombia have decreased at an annualized rate of 19.5%, from $8.81M in 2022 to $2.4M in 2017.

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

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

Latest Data

Trade between Colombia (Flag) and Cuba (Flag)

Colombia Exports

Market Competitiveness

Color
Colombia
Top DestinationUnited States$15.6B
Cuba
Top DestinationChina$426M

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

In 2022, countries that imported more from Colombia than Cuba included United States ($15.6B), Panama ($5.84B), and Netherlands ($3.67B).

In 2022, countries that imported more from Cuba than Colombia included Cyprus ($31.2M), Macau ($28.9M), and Portugal ($43.3M).

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

Comparative Advantage Colombia - Cuba

Flow
Scale

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

During 2022, Colombia had a large net trade with Cuba in the exports of Transportation ($6.75M), Foodstuffs ($3.98M), and Chemical Products ($3.78M).

During 2017, Cuba had a large net trade with Colombia in the exports of Foodstuffs ($1.14M), Chemical Products ($1.1M), and Machines ($45.5k).

Economic Complexity

Competitive Landscape

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

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

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