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2023
Flag → Flag
Exports $3.5MRnk 36 / 121
2023
Flag → Flag
Top Product $3.26MHard Liquor
2023
Flag → Flag
Exports $267kRnk 92 / 136
2023
Flag → Flag
Top Product $100kRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI -0.42Rnk 82 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.85Rnk 105 / 132
2023
Flag
 GDP$45.1BCURRENT US$
Rnk 96 / 195
2013-2023
Flag
GDP GROWTH47.2%CURRENT US$
Rnk 80 / 195
2023
Flag
GDP PC$3,686CURRENT US$
Rnk 135 / 196
2013-2023
Flag
GDP PC GROWTH28.4%CURRENT US$
Rnk 82 / 195

About

Cuba-Bolivia Trade: In 2023, Cuba exported $3.5M to Bolivia. The main products that Cuba exported to Bolivia were Hard Liquor ($3.26M), Pesticides ($98.4k), and Other Heating Machinery ($38.3k). Over the past 5 years the exports of Cuba to Bolivia have decreased at an annualized rate of 3.33%, from $4.14M in 2018 to $3.5M in 2023.

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

Bolivia-Cuba Trade: In 2023, Bolivia exported $267k to Cuba. The main products that Bolivia exported to Cuba were Refined Petroleum ($100k), Concentrated Milk ($85.5k), and Textile Footwear ($25.3k). Over the past 5 years the exports of Bolivia to Cuba have decreased at an annualized rate of 5.74%,  from $871k in 2018 to $267k in 2023.

In 2023, Bolivia 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, Bolivia ranked 105 in the Economic Complexity Index (ECI -0.85), and 103 in total exports ($10.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cuba exported $3.5M to Bolivia. The main products exported from Cuba to Bolivia were Hard Liquor ($3.26M), Pesticides ($98.4k), and Other Heating Machinery ($38.3k). During the last 5 years the exports of Cuba to Bolivia have decreased at an annualized rate of 3.33%, from $4.14M in 2018 to $3.5M in 2023.

In 2018, Bolivia exported $267k to Cuba. The main products exported from Bolivia to Cuba were Refined Petroleum ($100k), Concentrated Milk ($85.5k), and Textile Footwear ($25.3k). During the last 5 years the exports of Bolivia to Cuba have decreased at an annualized rate of 5.74%, from $871k in 2023 to $267k in 2018.

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

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

Latest Data

Trade between Cuba (Flag) and Bolivia (Flag)

Bolivia Exports

Market Competitiveness

Color
Cuba
Top DestinationChina$358M
Bolivia
Top DestinationBrazil$1.54B

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

In 2023, countries that imported more from Cuba than Bolivia included Cyprus ($42.5M), Switzerland ($48.2M), and Spain ($129M).

In 2023, countries that imported more from Bolivia than Cuba included Brazil ($1.54B), India ($1.33B), and Argentina ($1.15B).

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

Comparative Advantage Cuba - Bolivia

Flow
Scale

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

During 2023, Cuba had a large net trade with Bolivia in the exports of Foodstuffs ($3.26M), Chemical Products ($130k), and Machines ($74.9k).

During 2018, Bolivia had a large net trade with Cuba in the exports of Mineral Products ($100k), Animal Products ($85.5k), and Textiles ($30.2k).

Economic Complexity

Competitive Landscape

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

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

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