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2022
Flag → Flag
Exports $288kRnk 68 / 123
2022
Flag → Flag
Top Product $210kHard Liquor
2022
Flag → Flag
Exports $6.93MRnk 88 / 170
2022
Flag → Flag
Top Product $3.6MSoap
2022
Flag
Economic Complexity (ECI) ECI -0.96Rnk 109 / 133
2022
Flag
 GDP$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH30.9%CURRENT US$
Rnk 98 / 186
2022
Flag
GDP PC$6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH12.6%CURRENT US$
Rnk 106 / 186

About

Cuba-Ecuador Trade: In 2022, Cuba exported $288k to Ecuador. The main products that Cuba exported to Ecuador were Hard Liquor ($210k), Vaccines, blood, antisera, toxins and cultures ($49.7k), and Packaged Medicaments ($27.5k). Over the past 5 years the exports of Cuba to Ecuador have decreased at an annualized rate of 39.6%, from $3.59M in 2017 to $288k in 2022.

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

Ecuador-Cuba Trade: In 2022, Ecuador exported $6.93M to Cuba. The main products that Ecuador exported to Cuba were Soap ($3.6M), Other Vegetable Oils ($874k), and Raw Plastic Sheeting ($723k). Over the past 5 years the exports of Ecuador to Cuba have decreased at an annualized rate of 16%,  from $16.5M in 2017 to $6.93M in 2022.

In 2022, Ecuador 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, Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cuba exported $288k to Ecuador. The main products exported from Cuba to Ecuador were Hard Liquor ($210k), Vaccines, blood, antisera, toxins and cultures ($49.7k), and Packaged Medicaments ($27.5k). During the last 5 years the exports of Cuba to Ecuador have decreased at an annualized rate of 39.6%, from $3.59M in 2017 to $288k in 2022.

In 2017, Ecuador exported $6.93M to Cuba. The main products exported from Ecuador to Cuba were Soap ($3.6M), Other Vegetable Oils ($874k), and Raw Plastic Sheeting ($723k). During the last 5 years the exports of Ecuador to Cuba have decreased at an annualized rate of 16%, from $16.5M in 2022 to $6.93M in 2017.

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

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

Latest Data

Trade between Cuba (Flag) and Ecuador (Flag)

Ecuador Exports

Market Competitiveness

Color
Cuba
Top DestinationChina$426M
Ecuador
Top DestinationUnited States$9.86B

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

In 2022, countries that imported more from Cuba than Ecuador included Cyprus ($31.2M), Macau ($28.9M), and Luxembourg ($5.62M).

In 2022, countries that imported more from Ecuador than Cuba included United States ($9.86B), China ($6.17B), and Panama ($4.97B).

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

Comparative Advantage Cuba - Ecuador

Flow
Scale

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

During 2022, Cuba had a large net trade with Ecuador in the exports of Foodstuffs ($210k), Chemical Products ($77.2k), and Animal Products ($275).

During 2017, Ecuador had a large net trade with Cuba in the exports of Chemical Products ($3.74M), Animal and Vegetable Bi-Products ($1M), and Plastics and Rubbers ($979k).

Economic Complexity

Competitive Landscape

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

Product Space of Cuba (Flag) and Ecuador (Flag) (2022)

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