2022
Flag
 GDP
$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH
-39.7%CURRENT US$
Rnk 183 / 186
2022
Flag
GDP PC
$4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH
-47.3%CURRENT US$
Rnk 183 / 186

About

Cuba-Iran Trade: In 2021, Cuba exported $854k to Iran. The main products that Cuba exported to Iran were N/A. Over the past 5 years the exports of Cuba to Iran have increased at an annualized rate of 69.8%, from $60.6k in 2016 to $854k in 2021.

In 2021, Cuba did not export any services to Iran.

Iran-Cuba Trade: In 2021, Iran exported $2.86M to Cuba. The main products that Iran exported to Cuba were N/A. Over the past 5 years the exports of Iran to Cuba have increased at an annualized rate of 69.6%,  from $204k in 2016 to $2.86M in 2021.

In 2021, Iran 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, Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Cuba exported $854k to Iran. There were not main exports from Cuba to Iran in 2021. During the last 5 years the exports of Cuba to Iran have increased at an annualized rate of 69.8%, from $60.6k in 2016 to $854k in 2021.

In 2013, Iran exported $2.86M to Cuba. There were not main exports from Iran to Cuba in 2013. During the last 5 years the exports of Iran to Cuba have increased at an annualized rate of 69.6%, from $204k in 2018 to $2.86M in 2013.

Exports from Cuba (Flag) to Iran (Flag) (2021)

Exports from Iran (Flag) to Cuba (Flag) (2021)

Market Competitiveness

Color
Cuba
Top Destination
China$426M
Iran
Top Destination
China$5.72B

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

In 2022, countries that imported more from Cuba than Iran included Portugal ($43.3M), Cyprus ($31.2M), and Macau ($28.9M).

In 2022, countries that imported more from Iran than Cuba included China ($5.72B), Turkey ($3.17B), and Kuwait ($960M).

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

Comparative Advantage Cuba - Iran

Flow
Scale

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

During 2021, Cuba had a large net trade with Iran in the exports of .

During 2013, Iran had a large net trade with Cuba in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Cuba (Flag) and Iran (Flag) (2021)

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