2022
Flag
 GDP
$78.7BCURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 140 / 186
2022
Flag
GDP PC
$7,737CURRENT US$
Rnk 87 / 186
2012-2022
Flag
GDP PC GROWTH
3.21%CURRENT US$
Rnk 134 / 186

About

Cuba-Azerbaijan Trade: In 2022, Cuba exported $329k to Azerbaijan. The main products that Cuba exported to Azerbaijan were Rolled Tobacco ($306k) and Hard Liquor ($22.9k). Over the past 5 years the exports of Cuba to Azerbaijan have increased at an annualized rate of 14.1%, from $170k in 2017 to $329k in 2022.

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

Azerbaijan-Cuba Trade: In 2022, Azerbaijan exported $19.8k to Cuba. The main products that Azerbaijan exported to Cuba were N/A. Over the past 5 years the exports of Azerbaijan to Cuba have increased at an annualized rate of 76.9%,  from $1.14k in 2017 to $19.8k in 2022.

In 2022, Azerbaijan 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, Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.44), and 65 in total exports ($38.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cuba exported $329k to Azerbaijan. The main products exported from Cuba to Azerbaijan were Rolled Tobacco ($306k) and Hard Liquor ($22.9k). During the last 5 years the exports of Cuba to Azerbaijan have increased at an annualized rate of 14.1%, from $170k in 2017 to $329k in 2022.

In 2016, Azerbaijan exported $19.8k to Cuba. There were not main exports from Azerbaijan to Cuba in 2016. During the last 5 years the exports of Azerbaijan to Cuba have increased at an annualized rate of 76.9%, from $1.14k in 2021 to $19.8k in 2016.

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

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

Latest Data

Trade between Cuba (Flag) and Azerbaijan (Flag)

Azerbaijan Exports

Market Competitiveness

Color
Cuba
Top Destination
China$426M
Azerbaijan
Top Destination
Italy$18.3B

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

In 2022, countries that imported more from Cuba than Azerbaijan included China ($426M), Macau ($28.9M), and Hong Kong ($21.8M).

In 2022, countries that imported more from Azerbaijan than Cuba included Italy ($18.3B), Turkey ($3.57B), and Israel ($1.68B).

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

Comparative Advantage Cuba - Azerbaijan

Flow
Scale

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

During 2022, Cuba had a large net trade with Azerbaijan in the exports of Foodstuffs ($329k).

During 2016, Azerbaijan had a large net trade with Cuba in the exports of .

Economic Complexity

Competitive Landscape

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

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

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