2022
Flag
 GDP
$281BCURRENT US$
Rnk 47 / 186
2012-2022
Flag
GDP GROWTH
8.73%CURRENT US$
Rnk 147 / 186
2022
Flag
GDP PC
$50,537CURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP PC GROWTH
5.93%CURRENT US$
Rnk 127 / 186

About

Cuba-Finland Trade: In 2022, Cuba exported $395k to Finland. The main products that Cuba exported to Finland were Hard Liquor ($225k), Wood Charcoal ($126k), and Rolled Tobacco ($37k). Over the past 5 years the exports of Cuba to Finland have decreased at an annualized rate of 54.8%, from $21M in 2017 to $395k in 2022.

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

Finland-Cuba Trade: In 2022, Finland exported $170k to Cuba. The main products that Finland exported to Cuba were Ethylene Polymers ($106k), Broadcasting Equipment ($24.6k), and Surveying Equipment ($18.2k). Over the past 5 years the exports of Finland to Cuba have decreased at an annualized rate of 58.8%,  from $14.3M in 2017 to $170k in 2022.

In 2022, Finland 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, Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cuba exported $395k to Finland. The main products exported from Cuba to Finland were Hard Liquor ($225k), Wood Charcoal ($126k), and Rolled Tobacco ($37k). During the last 5 years the exports of Cuba to Finland have decreased at an annualized rate of 54.8%, from $21M in 2017 to $395k in 2022.

In 2017, Finland exported $170k to Cuba. The main products exported from Finland to Cuba were Ethylene Polymers ($106k), Broadcasting Equipment ($24.6k), and Surveying Equipment ($18.2k). During the last 5 years the exports of Finland to Cuba have decreased at an annualized rate of 58.8%, from $14.3M in 2022 to $170k in 2017.

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

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

Latest Data

Trade between Cuba (Flag) and Finland (Flag)

Finland Exports

Market Competitiveness

Color
Cuba
Top Destination
China$426M
Finland
Top Destination
Germany$9.99B

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

In 2022, countries that imported more from Cuba than Finland included Macau ($28.9M) and Andorra ($4.23M).

In 2022, countries that imported more from Finland than Cuba included Germany ($9.99B), United States ($9.17B), and Sweden ($9.1B).

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

Comparative Advantage Cuba - Finland

Flow
Scale

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

During 2022, Cuba had a large net trade with Finland in the exports of Foodstuffs ($262k), Wood Products ($126k), and Animal Products ($3.1k).

During 2017, Finland had a large net trade with Cuba in the exports of Plastics and Rubbers ($106k), Machines ($29.5k), and Instruments ($18.2k).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with