Cuba (CUB) and India (IND) Trade | The Observatory of Economic Complexity

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Cuba-India Trade: In 2022, Cuba exported $3.78M to India. The main products that Cuba exported to India were Packaged Medicaments ($2.29M), Vaccines, blood, antisera, toxins and cultures ($599k), and Rolled Tobacco ($423k). Over the past 5 years the exports of Cuba to India have increased at an annualized rate of 15.5%, from $1.84M in 2017 to $3.78M in 2022.

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

India-Cuba Trade: In 2022, India exported $31.5M to Cuba. The main products that India exported to Cuba were Rice ($15.6M), Packaged Medicaments ($4.56M), and Other Heating Machinery ($1.21M). Over the past 5 years the exports of India to Cuba have decreased at an annualized rate of 14%, from $66.9M in 2017 to $31.5M in 2022.

In 2022, India 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, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Cuba exported $3.78M to India. The main products exported from Cuba to India were Packaged Medicaments ($2.29M), Vaccines, blood, antisera, toxins and cultures ($599k), and Rolled Tobacco ($423k). During the last 5 years the exports of Cuba to India have increased at an annualized rate of 15.5%, from $1.84M in 2017 to $3.78M in 2022.

In 2017, India exported $31.5M to Cuba. The main products exported from India to Cuba were Rice ($15.6M), Packaged Medicaments ($4.56M), and Other Heating Machinery ($1.21M). During the last 5 years the exports of India to Cuba have decreased at an annualized rate of 14%, from $66.9M in 2022 to $31.5M in 2017.

Exports from Cuba () to India () (2022)

Exports from India () to Cuba () (2022)

Latest Data

Trade between Cuba () and India ()

India Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cuba
Top DestinationChina$426M

India
Top DestinationUnited States$82.9B

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

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

In 2022, countries that imported more from India than Cuba included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

Difference in imports from India () and Cuba () (2022)

Comparative Advantage Cuba - India

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Cuba had a large net trade with India in the exports of Chemical Products ($3.05M), Foodstuffs ($553k), and Metals ($156k).

During 2017, India had a large net trade with Cuba in the exports of Vegetable Products ($15.7M), Chemical Products ($8.49M), and Machines ($3.34M).

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 India. This means that a dot/product with the flag of Cuba indicates it has a comparative advantage over India. Similarly, a dot/product with the flag of India indicates it has a comparative advantage over Cuba.

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Historical Data

Bilateral Trade by Products

Exports from Cuba () to India () (2022)

Exports from India () to Cuba () (2022)

Latest Data

Trade between Cuba () and India ()

India Exports

Market Competitiveness

Difference in imports from India () and Cuba () (2022)

Comparative Advantage Cuba - India

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Cuba () and India () (2022)

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