2022
Flag
 GDP
$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH
17%CURRENT US$
Rnk 129 / 186
2022
Flag
GDP PC
$54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH
4.36%CURRENT US$
Rnk 130 / 186

About

Cuba-Canada Trade: In 2022, Cuba exported $17.7M to Canada. The main products that Cuba exported to Canada were Live Fish ($6.41M), Rolled Tobacco ($5.05M), and Crustaceans ($2.85M). Over the past 5 years the exports of Cuba to Canada have decreased at an annualized rate of 11.9%, from $33.5M in 2017 to $17.7M in 2022.

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

Canada-Cuba Trade: In 2022, Canada exported $204M to Cuba. The main products that Canada exported to Cuba were Dried Legumes ($38.7M), Sulphur ($22.7M), and Nickel Mattes ($12.2M). Over the past 5 years the exports of Canada to Cuba have decreased at an annualized rate of 11%,  from $365M in 2017 to $204M in 2022.

In 2022, Canada 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, Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cuba exported $17.7M to Canada. The main products exported from Cuba to Canada were Live Fish ($6.41M), Rolled Tobacco ($5.05M), and Crustaceans ($2.85M). During the last 5 years the exports of Cuba to Canada have decreased at an annualized rate of 11.9%, from $33.5M in 2017 to $17.7M in 2022.

In 2017, Canada exported $204M to Cuba. The main products exported from Canada to Cuba were Dried Legumes ($38.7M), Sulphur ($22.7M), and Nickel Mattes ($12.2M). During the last 5 years the exports of Canada to Cuba have decreased at an annualized rate of 11%, from $365M in 2022 to $204M in 2017.

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

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

Latest Data

Trade between Cuba (Flag) and Canada (Flag)

Canada Exports

Market Competitiveness

Color
Cuba
Top Destination
China$426M
Canada
Top Destination
United States$438B

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 2022, countries that imported more from Cuba than Canada included Cyprus ($31.2M) and Andorra ($4.23M).

In 2022, countries that imported more from Canada than Cuba included United States ($438B), China ($25.4B), and Japan ($14.3B).

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

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 2022, Cuba had a large net trade with Canada in the exports of Animal Products ($9.51M), Foodstuffs ($7.48M), and Vegetable Products ($258k).

During 2017, Canada had a large net trade with Cuba in the exports of Machines ($53.9M), Vegetable Products ($40.5M), and Metals ($30.9M).

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) (2022)

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