Cuba (CUB) and Kuwait (KWT) Trade | The Observatory of Economic Complexity

About

Cuba-Kuwait Trade: In 2022, Cuba exported $627k to Kuwait. The main products that Cuba exported to Kuwait were Rolled Tobacco ($569k), Special Pharmaceuticals ($52.5k), and Cocoa Beans ($5.4k). Over the past 5 years the exports of Cuba to Kuwait have increased at an annualized rate of 22.8%, from $224k in 2017 to $627k in 2022.

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

Kuwait-Cuba Trade: In 2022, Kuwait exported $331 to Cuba. The main products that Kuwait exported to Cuba were N/A. Over the past 5 years the exports of Kuwait to Cuba have decreased at an annualized rate of 83.5%, from $2.73M in 2017 to $331 in 2022.

In 2022, Kuwait 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, Kuwait ranked 46 in the Economic Complexity Index (ECI 0.44), and 42 in total exports ($101B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Cuba exported $627k to Kuwait. The main products exported from Cuba to Kuwait were Rolled Tobacco ($569k), Special Pharmaceuticals ($52.5k), and Cocoa Beans ($5.4k). During the last 5 years the exports of Cuba to Kuwait have increased at an annualized rate of 22.8%, from $224k in 2017 to $627k in 2022.

In 2016, Kuwait exported $331 to Cuba. There were not main exports from Kuwait to Cuba in 2016. During the last 5 years the exports of Kuwait to Cuba have decreased at an annualized rate of 83.5%, from $2.73M in 2021 to $331 in 2016.

Exports from Cuba () to Kuwait () (2022)

Exports from Kuwait () to Cuba () (2022)

Latest Data

Trade between Cuba () and Kuwait ()

Kuwait Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cuba
Top DestinationChina$426M

Kuwait
Top DestinationChina$24.3B

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

In 2022, countries that imported more from Cuba than Kuwait included Macau ($28.9M), Cyprus ($31.2M), and Switzerland ($41.4M).

In 2022, countries that imported more from Kuwait than Cuba included China ($24.3B), India ($15B), and South Korea ($10.8B).

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

Comparative Advantage Cuba - Kuwait

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Cuba had a large net trade with Kuwait in the exports of Foodstuffs ($575k) and Chemical Products ($52.5k).

During 2016, Kuwait had a large net trade with Cuba in the exports of .

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Cuba () to Kuwait () (2022)

Exports from Kuwait () to Cuba () (2022)

Latest Data

Trade between Cuba () and Kuwait ()

Kuwait Exports

Market Competitiveness

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

Comparative Advantage Cuba - Kuwait

Economic Complexity

Competitive Landscape

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

Keep Exploring