2022
Flag
 GDP
$16.8BCURRENT US$
Rnk 126 / 186
2012-2022
Flag
GDP GROWTH
36.8%CURRENT US$
Rnk 90 / 186
2022
Flag
GDP PC
$4,947CURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP PC GROWTH
12.4%CURRENT US$
Rnk 107 / 186

About

Cuba-Mongolia Trade: In 2022, Cuba exported $83.3k to Mongolia. The main products that Cuba exported to Mongolia were Rolled Tobacco ($82.1k) and Hard Liquor ($1.18k). Over the past 5 years the exports of Cuba to Mongolia have decreased at an annualized rate of 5.18%, from $109k in 2017 to $83.3k in 2022.

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

Mongolia-Cuba In N/A, Mongolia did not export any products to Cuba.

In 2022, Mongolia 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, Mongolia ranked 120 in the Economic Complexity Index (ECI -1.26), and 94 in total exports ($13.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cuba exported $83.3k to Mongolia. The main products exported from Cuba to Mongolia were Rolled Tobacco ($82.1k) and Hard Liquor ($1.18k). During the last 5 years the exports of Cuba to Mongolia have decreased at an annualized rate of 5.18%, from $109k in 2017 to $83.3k in 2022.

Mongolia does not register exports to Cuba.

Exports from Cuba (Flag) to Mongolia (Flag) (2022)

Exports from Mongolia (Flag) to Cuba (Flag) (2022)

Market Competitiveness

Color
Cuba
Top Destination
China$426M
Mongolia
Top Destination
China$10.6B

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

In 2022, countries that imported more from Cuba than Mongolia included Spain ($139M), Portugal ($43.3M), and Germany ($58.5M).

In 2022, countries that imported more from Mongolia than Cuba included China ($10.6B), Switzerland ($1.98B), and Singapore ($346M).

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

Comparative Advantage Cuba - Mongolia

Flow
Scale

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

During 2022, Cuba had a large net trade with Mongolia in the exports of Foodstuffs ($83.3k).

Economic Complexity

Competitive Landscape

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

Product Space of Cuba (Flag) and Mongolia (Flag) (2022)

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