Cuba (CUB) and Hong Kong (HKG) Trade | The Observatory of Economic Complexity

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Cuba-Hong Kong Trade: In 2022, Cuba exported $21.8M to Hong Kong. The main products that Cuba exported to Hong Kong were Rolled Tobacco ($21.5M), Scrap Copper ($128k), and Processed Crustaceans ($59.5k). Over the past 5 years the exports of Cuba to Hong Kong have decreased at an annualized rate of 12.9%, from $43.5M in 2017 to $21.8M in 2022.

In 2022, Cuba did not export any services to Hong Kong.

Hong Kong-Cuba Trade: In 2022, Hong Kong exported $3.71M to Cuba. The main products that Hong Kong exported to Cuba were Base Metal Watches ($2.32M), Wood Ornaments ($405k), and Video Displays ($392k). Over the past 5 years the exports of Hong Kong to Cuba have decreased at an annualized rate of 7.41%, from $5.45M in 2017 to $3.71M in 2022.

In 2022, Hong Kong 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, Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Cuba exported $21.8M to Hong Kong. The main products exported from Cuba to Hong Kong were Rolled Tobacco ($21.5M), Scrap Copper ($128k), and Processed Crustaceans ($59.5k). During the last 5 years the exports of Cuba to Hong Kong have decreased at an annualized rate of 12.9%, from $43.5M in 2017 to $21.8M in 2022.

In 2017, Hong Kong exported $3.71M to Cuba. The main products exported from Hong Kong to Cuba were Base Metal Watches ($2.32M), Wood Ornaments ($405k), and Video Displays ($392k). During the last 5 years the exports of Hong Kong to Cuba have decreased at an annualized rate of 7.41%, from $5.45M in 2022 to $3.71M in 2017.

Exports from Cuba () to Hong Kong () (2022)

Exports from Hong Kong () to Cuba () (2022)

Latest Data

Trade between Cuba () and Hong Kong ()

Hong Kong Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cuba
Top DestinationChina$426M

Hong Kong
Top DestinationChina$23.4B

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

In 2022, countries that imported more from Cuba than Hong Kong included Andorra ($4.23M).

In 2022, countries that imported more from Hong Kong than Cuba included China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

Difference in imports from Hong Kong () and Cuba () (2022)

Comparative Advantage Cuba - Hong Kong

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Cuba had a large net trade with Hong Kong in the exports of Foodstuffs ($21.6M), Metals ($128k), and Textiles ($8.43k).

During 2017, Hong Kong had a large net trade with Cuba in the exports of Instruments ($2.32M), Machines ($896k), and Wood Products ($405k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Cuba () to Hong Kong () (2022)

Exports from Hong Kong () to Cuba () (2022)

Latest Data

Trade between Cuba () and Hong Kong ()

Hong Kong Exports

Market Competitiveness

Difference in imports from Hong Kong () and Cuba () (2022)

Comparative Advantage Cuba - Hong Kong

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Cuba () and Hong Kong () (2022)

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