Sign In
Pricing

2022
Flag → Flag
Exports $9.27MRnk 17 / 123
2022
Flag → Flag
Exports $26.8kRnk 210 / 213
2022
Flag → Flag
Top Product $14.6kLiquid Pumps
2022
Flag
Economic Complexity (ECI) ECI -0.24Rnk 78 / 133
2022
Flag
 GDP$1.68TCURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP GROWTH8.3%CURRENT US$
Rnk 148 / 186
2022
Flag
GDP PC$64,491CURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP PC GROWTH-5.23%CURRENT US$
Rnk 153 / 186

About

Cuba-Australia Trade: In 2022, Cuba exported $9.27M to Australia. The main products that Cuba exported to Australia were N/A. Over the past 5 years the exports of Cuba to Australia have increased at an annualized rate of 1.95%, from $8.42M in 2017 to $9.27M in 2022.

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

Australia-Cuba Trade: In 2022, Australia exported $26.8k to Cuba. The main products that Australia exported to Cuba were Liquid Pumps ($14.6k), Other Plastic Products ($8.09k), and Other Rubber Products ($4.18k). Over the past 5 years the exports of Australia to Cuba have decreased at an annualized rate of 58.4%,  from $2.15M in 2017 to $26.8k in 2022.

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

Comparison In 2022,  Cuba ranked 161 in total exports ($1.07B), and does not have data regarding Economic Complexity Index. That same year, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cuba exported $9.27M to Australia. There were not main exports from Cuba to Australia in 2022. During the last 5 years the exports of Cuba to Australia have increased at an annualized rate of 1.95%, from $8.42M in 2017 to $9.27M in 2022.

In 2017, Australia exported $26.8k to Cuba. The main products exported from Australia to Cuba were Liquid Pumps ($14.6k), Other Plastic Products ($8.09k), and Other Rubber Products ($4.18k). During the last 5 years the exports of Australia to Cuba have decreased at an annualized rate of 58.4%, from $2.15M in 2022 to $26.8k in 2017.

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

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

Latest Data

Trade between Cuba (Flag) and Australia (Flag)

Australia Exports

Market Competitiveness

Color
Cuba
Top DestinationChina$426M
Australia
Top DestinationChina$123B

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

In 2022, countries that imported more from Cuba than Australia included Cyprus ($31.2M), Andorra ($4.23M), and Luxembourg ($5.62M).

In 2022, countries that imported more from Australia than Cuba included China ($123B), Japan ($80.1B), and South Korea ($41B).

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

Comparative Advantage Cuba - Australia

Flow
Scale

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

During 2022, Cuba had a large net trade with Australia in the exports of Foodstuffs ($9.15M), Vegetable Products ($94.5k), and Chemical Products ($26.4k).

During 2017, Australia had a large net trade with Cuba in the exports of Machines ($14.6k) and Plastics and Rubbers ($12.3k).

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms