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2023
Flag → Flag
Exports $2.32MRnk 40 / 121
2023
Flag → Flag
Top Product $1.93MRolled Tobacco
2023
Flag → Flag
Exports $220MRnk 88 / 221
2023
Flag → Flag
Top Product $48.8MSoybean Oil
2023
Flag
Economic Complexity (ECI) ECI -0.42Rnk 82 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.31Rnk 49 / 132
2023
Flag
 GDP$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP GROWTH-12.1%CURRENT US$
Rnk 184 / 195
2023
Flag
GDP PC$10,295CURRENT US$
Rnk 89 / 196
2013-2023
Flag
GDP PC GROWTH-17.4%CURRENT US$
Rnk 175 / 195

About

Cuba-Brazil Trade: In 2023, Cuba exported $2.32M to Brazil. The main products that Cuba exported to Brazil were Rolled Tobacco ($1.93M), Hard Liquor ($262k), and Other Mineral ($74.6k). Over the past 5 years the exports of Cuba to Brazil have decreased at an annualized rate of 43.7%, from $40.9M in 2018 to $2.32M in 2023.

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

Brazil-Cuba Trade: In 2023, Brazil exported $220M to Cuba. The main products that Brazil exported to Cuba were Soybean Oil ($48.8M), Rice ($33.7M), and Poultry Meat ($29.7M). Over the past 5 years the exports of Brazil to Cuba have decreased at an annualized rate of 11.6%,  from $408M in 2018 to $220M in 2023.

In 2023, Brazil 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, Brazil ranked 49 in the Economic Complexity Index (ECI 0.31), and 22 in total exports ($355B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cuba exported $2.32M to Brazil. The main products exported from Cuba to Brazil were Rolled Tobacco ($1.93M), Hard Liquor ($262k), and Other Mineral ($74.6k). During the last 5 years the exports of Cuba to Brazil have decreased at an annualized rate of 43.7%, from $40.9M in 2018 to $2.32M in 2023.

In 2018, Brazil exported $220M to Cuba. The main products exported from Brazil to Cuba were Soybean Oil ($48.8M), Rice ($33.7M), and Poultry Meat ($29.7M). During the last 5 years the exports of Brazil to Cuba have decreased at an annualized rate of 11.6%, from $408M in 2023 to $220M in 2018.

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

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

Latest Data

Trade between Cuba (Flag) and Brazil (Flag)

Brazil Exports

Market Competitiveness

Color
Cuba
Top DestinationChina$358M
Brazil
Top DestinationChina$106B

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

In 2023, countries that imported more from Cuba than Brazil included Andorra ($3.77M).

In 2023, countries that imported more from Brazil than Cuba included China ($106B), United States ($37B), and Argentina ($17.2B).

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

Comparative Advantage Cuba - Brazil

Flow
Scale

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

During 2023, Cuba had a large net trade with Brazil in the exports of Foodstuffs ($2.19M), Mineral Products ($74.6k), and Chemical Products ($28.6k).

During 2018, Brazil had a large net trade with Cuba in the exports of Animal and Vegetable Bi-Products ($48.9M), Vegetable Products ($46.7M), and Animal Products ($45.9M).

Economic Complexity

Competitive Landscape

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

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

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