2023
Flag
 GDP
$2.14TCURRENT US$
Rnk 10 / 195
2013-2023
Flag
GDP GROWTH
16%CURRENT US$
Rnk 150 / 195
2023
Flag
GDP PC
$53,431CURRENT US$
Rnk 22 / 196
2013-2023
Flag
GDP PC GROWTH
1.51%CURRENT US$
Rnk 152 / 195

About

Cuba-Canada Trade: In 2023, Cuba exported $28.7M to Canada. The main products that Cuba exported to Canada were Live Fish ($15.4M), Rolled Tobacco ($5.27M), and Hard Liquor ($4.93M). Over the past 5 years the exports of Cuba to Canada have decreased at an annualized rate of 2.29%, from $32.2M in 2018 to $28.7M in 2023.

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

Canada-Cuba Trade: In 2023, Canada exported $220M to Cuba. The main products that Canada exported to Cuba were Wheat ($23.9M), Dried Legumes ($22.9M), and Sulphur ($19.1M). Over the past 5 years the exports of Canada to Cuba have decreased at an annualized rate of 10.4%,  from $381M in 2018 to $220M in 2023.

In 2023, Canada 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, Canada ranked 30 in the Economic Complexity Index (ECI 0.9), and 10 in total exports ($574B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cuba exported $28.7M to Canada. The main products exported from Cuba to Canada were Live Fish ($15.4M), Rolled Tobacco ($5.27M), and Hard Liquor ($4.93M). During the last 5 years the exports of Cuba to Canada have decreased at an annualized rate of 2.29%, from $32.2M in 2018 to $28.7M in 2023.

In 2018, Canada exported $220M to Cuba. The main products exported from Canada to Cuba were Wheat ($23.9M), Dried Legumes ($22.9M), and Sulphur ($19.1M). During the last 5 years the exports of Canada to Cuba have decreased at an annualized rate of 10.4%, from $381M in 2023 to $220M in 2018.

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

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

Latest Data

Trade between Cuba (Flag) and Canada (Flag)

Canada Exports

Market Competitiveness

Color
Cuba
Top Destination
China$358M
Canada
Top Destination
United States$410B

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

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

In 2023, countries that imported more from Canada than Cuba included United States ($410B), China ($31.1B), and United Kingdom ($18B).

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

Comparative Advantage Cuba - Canada

Flow
Scale

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

During 2023, Cuba had a large net trade with Canada in the exports of Animal Products ($18.1M), Foodstuffs ($10.2M), and Arts and Antiques ($163k).

During 2018, Canada had a large net trade with Cuba in the exports of Machines ($61.6M), Vegetable Products ($52.8M), and Metals ($26.5M).

Economic Complexity

Competitive Landscape

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

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

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