Cuba (CUB) and Mexico (MEX) Trade | The Observatory of Economic Complexity

About

Cuba-Mexico Trade: In 2022, Cuba exported $12.5M to Mexico. The main products that Cuba exported to Mexico were N/A. Over the past 5 years the exports of Cuba to Mexico have increased at an annualized rate of 2.31%, from $11.1M in 2017 to $12.5M in 2022.

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

Mexico-Cuba Trade: In 2022, Mexico exported $109M to Cuba. The main products that Mexico exported to Cuba were Wheat Flours ($15.8M), Sausages ($10.3M), and Other Vegetable Oils ($8.8M). Over the past 5 years the exports of Mexico to Cuba have decreased at an annualized rate of 26.7%, from $514M in 2017 to $109M in 2022.

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

Comparison: In 2023, Cuba ranked 82 in the Economic Complexity Index (ECI -0.42), and 159 in total exports ($1.05B). That same year, Mexico ranked 25 in the Economic Complexity Index (ECI 1.09), and 8 in total exports ($603B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Cuba exported $12.5M to Mexico. There were not main exports from Cuba to Mexico in 2022. During the last 5 years the exports of Cuba to Mexico have increased at an annualized rate of 2.31%, from $11.1M in 2017 to $12.5M in 2022.

In 2018, Mexico exported $109M to Cuba. The main products exported from Mexico to Cuba were Wheat Flours ($15.8M), Sausages ($10.3M), and Other Vegetable Oils ($8.8M). During the last 5 years the exports of Mexico to Cuba have decreased at an annualized rate of 26.7%, from $514M in 2023 to $109M in 2018.

Exports from Cuba () to Mexico () (2023)

Exports from Mexico () to Cuba () (2023)

Latest Data

Trade between Cuba () and Mexico ()

Mexico Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cuba
Top DestinationChina$358M

Mexico
Top DestinationUnited States$456B

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

In 2023, countries that imported more from Cuba than Mexico included Cyprus ($42.5M), Macau ($29.2M), and Andorra ($3.77M).

In 2023, countries that imported more from Mexico than Cuba included United States ($456B), Canada ($33B), and China ($15B).

Difference in imports from Mexico () and Cuba () (2023)

Comparative Advantage Cuba - Mexico

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Cuba had a large net trade with Mexico in the exports of .

During 2018, Mexico had a large net trade with Cuba in the exports of Foodstuffs ($27.9M), Chemical Products ($25.1M), and Vegetable Products ($21.5M).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Cuba () to Mexico () (2023)

Exports from Mexico () to Cuba () (2023)

Latest Data

Trade between Cuba () and Mexico ()

Mexico Exports

Market Competitiveness

Difference in imports from Mexico () and Cuba () (2023)

Comparative Advantage Cuba - Mexico

Economic Complexity

Competitive Landscape

Product Space of Cuba () and Mexico () (2023)

Keep Exploring