2023
Flag
 GDP
$336BCURRENT US$
Rnk 46 / 195
2013-2023
Flag
GDP GROWTH
21%CURRENT US$
Rnk 139 / 195
2023
Flag
GDP PC
$17,068CURRENT US$
Rnk 68 / 196
2013-2023
Flag
GDP PC GROWTH
8.83%CURRENT US$
Rnk 137 / 195

About

Cuba-Chile Trade: In 2023, Cuba exported $3.8M to Chile. The main products that Cuba exported to Chile were Hard Liquor ($2.7M), Rolled Tobacco ($476k), and Vaccines, blood, antisera, toxins and cultures ($372k). Over the past 5 years the exports of Cuba to Chile have decreased at an annualized rate of 2%, from $4.2M in 2018 to $3.8M in 2023.

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

Chile-Cuba Trade: In 2023, Chile exported $19.8M to Cuba. The main products that Chile exported to Cuba were Concentrated Milk ($4.11M), Paper Containers ($2.26M), and Cheese ($2.11M). Over the past 5 years the exports of Chile to Cuba have decreased at an annualized rate of 7.62%,  from $37.3M in 2018 to $19.8M in 2023.

In 2023, Chile 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, Chile ranked 72 in the Economic Complexity Index (ECI -0.2), and 43 in total exports ($98.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cuba exported $3.8M to Chile. The main products exported from Cuba to Chile were Hard Liquor ($2.7M), Rolled Tobacco ($476k), and Vaccines, blood, antisera, toxins and cultures ($372k). During the last 5 years the exports of Cuba to Chile have decreased at an annualized rate of 2%, from $4.2M in 2018 to $3.8M in 2023.

In 2018, Chile exported $19.8M to Cuba. The main products exported from Chile to Cuba were Concentrated Milk ($4.11M), Paper Containers ($2.26M), and Cheese ($2.11M). During the last 5 years the exports of Chile to Cuba have decreased at an annualized rate of 7.62%, from $37.3M in 2023 to $19.8M in 2018.

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

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

Latest Data

Trade between Cuba (Flag) and Chile (Flag)

Chile Exports

Market Competitiveness

Color
Cuba
Top Destination
China$358M
Chile
Top Destination
China$38.2B

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

In 2023, countries that imported more from Cuba than Chile included Cyprus ($42.5M), Macau ($29.2M), and Luxembourg ($7.92M).

In 2023, countries that imported more from Chile than Cuba included China ($38.2B), United States ($15.7B), and Japan ($7.1B).

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

Comparative Advantage Cuba - Chile

Flow
Scale

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

During 2023, Cuba had a large net trade with Chile in the exports of Foodstuffs ($3.18M), Chemical Products ($409k), and Machines ($116k).

During 2018, Chile had a large net trade with Cuba in the exports of Animal Products ($7.92M), Foodstuffs ($5.2M), and Vegetable Products ($2.92M).

Economic Complexity

Competitive Landscape

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

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

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