2023
Flag
 GDP
$514BCURRENT US$
Rnk 28 / 195
2013-2023
Flag
GDP GROWTH
72.6%CURRENT US$
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2023
Flag
GDP PC
$52,642CURRENT US$
Rnk 24 / 196
2013-2023
Flag
GDP PC GROWTH
42.5%CURRENT US$
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About

Cuba-Israel Trade: In 2023, Cuba exported $132k to Israel. The main products that Cuba exported to Israel were Hard Liquor ($99k), Coffee ($16k), and Low-voltage Protection Equipment ($7k). Over the past 5 years the exports of Cuba to Israel have decreased at an annualized rate of 57.4%, from $9.36M in 2018 to $132k in 2023.

In 2023, Cuba did not export any services to Israel.

Israel-Cuba Trade: In 2023, Israel exported $7.43M to Cuba. The main products that Israel exported to Cuba were Natural Polymers ($1.34M), Vaccines, blood, antisera, toxins and cultures ($1.24M), and Medical Instruments ($1.03M). Over the past 5 years the exports of Israel to Cuba have increased at an annualized rate of 3.1%,  from $6.38M in 2018 to $7.43M in 2023.

In 2006, Israel exported services to Cuba worth $1.17M, with Other business services ($789k), Royalties and license fees ($286k), and Construction services ($95.3k) being the largest in terms of value.

Comparison: In 2023,  Cuba ranked 82 in the Economic Complexity Index (ECI -0.42), and 159 in total exports ($1.05B). That same year, Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 49 in total exports ($69.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cuba exported $132k to Israel. The main products exported from Cuba to Israel were Hard Liquor ($99k), Coffee ($16k), and Low-voltage Protection Equipment ($7k). During the last 5 years the exports of Cuba to Israel have decreased at an annualized rate of 57.4%, from $9.36M in 2018 to $132k in 2023.

In 2018, Israel exported $7.43M to Cuba. The main products exported from Israel to Cuba were Natural Polymers ($1.34M), Vaccines, blood, antisera, toxins and cultures ($1.24M), and Medical Instruments ($1.03M). During the last 5 years the exports of Israel to Cuba have increased at an annualized rate of 3.1%, from $6.38M in 2023 to $7.43M in 2018.

Exports from Cuba (Flag) to Israel (Flag) (2023)

Exports from Israel (Flag) to Cuba (Flag) (2023)

Latest Data

Trade between Cuba (Flag) and Israel (Flag)

Israel Exports

Market Competitiveness

Color
Cuba
Top Destination
China$358M
Israel
Top Destination
United States$20.3B

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

In 2023, countries that imported more from Cuba than Israel included Macau ($29.2M), Andorra ($3.77M), and Lebanon ($1.81M).

In 2023, countries that imported more from Israel than Cuba included United States ($20.3B), China ($7.09B), and Ireland ($4.22B).

Difference in imports from Israel (Flag) and Cuba (Flag) (2023)

Comparative Advantage Cuba - Israel

Flow
Scale

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

During 2023, Cuba had a large net trade with Israel in the exports of Foodstuffs ($104k), Vegetable Products ($16k), and Machines ($9k).

During 2018, Israel had a large net trade with Cuba in the exports of Plastics and Rubbers ($3.52M), Chemical Products ($1.25M), and Instruments ($1.15M).

Economic Complexity

Competitive Landscape

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

Product Space of Cuba (Flag) and Israel (Flag) (2023)

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