2023
Flag
 GDP
$102BCURRENT US$
Rnk 69 / 195
2013-2023
Flag
GDP GROWTH
83.4%CURRENT US$
Rnk 30 / 195
2023
Flag
GDP PC
$15,886CURRENT US$
Rnk 72 / 196
2013-2023
Flag
GDP PC GROWTH
107%CURRENT US$
Rnk 6 / 195

About

Cuba-Bulgaria Trade: In 2023, Cuba exported $3.53M to Bulgaria. The main products that Cuba exported to Bulgaria were Rolled Tobacco ($2.81M), Raw Tobacco ($337k), and Wood Charcoal ($333k). Over the past 5 years the exports of Cuba to Bulgaria have increased at an annualized rate of 4.45%, from $2.84M in 2018 to $3.53M in 2023.

In 2023, Cuba did not export any services to Bulgaria.

Bulgaria-Cuba Trade: In 2023, Bulgaria exported $3M to Cuba. The main products that Bulgaria exported to Cuba were Rolled Tobacco ($1.5M), Seed Oils ($623k), and Pesticides ($473k). Over the past 5 years the exports of Bulgaria to Cuba have decreased at an annualized rate of 22.8%,  from $10.9M in 2018 to $3M in 2023.

In 2023, Bulgaria did not export any services to Cuba.

Comparison: In 2023,  Cuba ranked 82 in the Economic Complexity Index (ECI -0.42), and 159 in total exports ($1.05B). That same year, Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.69), and 59 in total exports ($50.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cuba exported $3.53M to Bulgaria. The main products exported from Cuba to Bulgaria were Rolled Tobacco ($2.81M), Raw Tobacco ($337k), and Wood Charcoal ($333k). During the last 5 years the exports of Cuba to Bulgaria have increased at an annualized rate of 4.45%, from $2.84M in 2018 to $3.53M in 2023.

In 2018, Bulgaria exported $3M to Cuba. The main products exported from Bulgaria to Cuba were Rolled Tobacco ($1.5M), Seed Oils ($623k), and Pesticides ($473k). During the last 5 years the exports of Bulgaria to Cuba have decreased at an annualized rate of 22.8%, from $10.9M in 2023 to $3M in 2018.

Exports from Cuba (Flag) to Bulgaria (Flag) (2023)

Exports from Bulgaria (Flag) to Cuba (Flag) (2023)

Latest Data

Trade between Cuba (Flag) and Bulgaria (Flag)

Bulgaria Exports

Market Competitiveness

Color
Cuba
Top Destination
China$358M
Bulgaria
Top Destination
Germany$6.84B

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

In 2023, countries that imported more from Cuba than Bulgaria included Macau ($29.2M), Honduras ($6.08M), and Andorra ($3.77M).

In 2023, countries that imported more from Bulgaria than Cuba included Germany ($6.84B), Romania ($5.63B), and Italy ($4.06B).

Difference in imports from Bulgaria (Flag) and Cuba (Flag) (2023)

Comparative Advantage Cuba - Bulgaria

Flow
Scale

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

During 2023, Cuba had a large net trade with Bulgaria in the exports of Foodstuffs ($3.2M) and Wood Products ($333k).

During 2018, Bulgaria had a large net trade with Cuba in the exports of Foodstuffs ($1.54M), Animal and Vegetable Bi-Products ($623k), and Chemical Products ($522k).

Economic Complexity

Competitive Landscape

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

Product Space of Cuba (Flag) and Bulgaria (Flag) (2023)

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