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2023
Flag → Flag
Exports $9.58MRnk 18 / 121
2023
Flag → Flag
Top Product $8.32MIron Ore
2023
Flag → Flag
Exports $6.62MRnk 163 / 221
2023
Flag → Flag
Top Product $1.48MSoap
2023
Flag
Economic Complexity (ECI) ECI -0.42Rnk 82 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.04Rnk 27 / 132
2023
Flag
 GDP$400BCURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP GROWTH23.6%CURRENT US$
Rnk 130 / 195
2023
Flag
GDP PC$11,379CURRENT US$
Rnk 85 / 196
2013-2023
Flag
GDP PC GROWTH6.21%CURRENT US$
Rnk 145 / 195

About

Cuba-Malaysia Trade: In 2023, Cuba exported $9.58M to Malaysia. The main products that Cuba exported to Malaysia were Iron Ore ($8.32M), Copper Powder ($427k), and Rolled Tobacco ($226k). Over the past 5 years the exports of Cuba to Malaysia have increased at an annualized rate of 51%, from $1.22M in 2018 to $9.58M in 2023.

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

Malaysia-Cuba Trade: In 2023, Malaysia exported $6.62M to Cuba. The main products that Malaysia exported to Cuba were Soap ($1.48M), Malt Extract ($1.02M), and Electric Heaters ($787k). Over the past 5 years the exports of Malaysia to Cuba have decreased at an annualized rate of 17%,  from $16.8M in 2018 to $6.62M in 2023.

In 2023, Malaysia 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, Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04), and 19 in total exports ($383B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cuba exported $9.58M to Malaysia. The main products exported from Cuba to Malaysia were Iron Ore ($8.32M), Copper Powder ($427k), and Rolled Tobacco ($226k). During the last 5 years the exports of Cuba to Malaysia have increased at an annualized rate of 51%, from $1.22M in 2018 to $9.58M in 2023.

In 2018, Malaysia exported $6.62M to Cuba. The main products exported from Malaysia to Cuba were Soap ($1.48M), Malt Extract ($1.02M), and Electric Heaters ($787k). During the last 5 years the exports of Malaysia to Cuba have decreased at an annualized rate of 17%, from $16.8M in 2023 to $6.62M in 2018.

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

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

Latest Data

Trade between Cuba (Flag) and Malaysia (Flag)

Malaysia Exports

Market Competitiveness

Color
Cuba
Top DestinationChina$358M
Malaysia
Top DestinationChina$79.8B

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

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

In 2023, countries that imported more from Malaysia than Cuba included China ($79.8B), Singapore ($47.3B), and United States ($44.9B).

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

Comparative Advantage Cuba - Malaysia

Flow
Scale

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

During 2023, Cuba had a large net trade with Malaysia in the exports of Mineral Products ($8.32M), Metals ($600k), and Foodstuffs ($359k).

During 2018, Malaysia had a large net trade with Cuba in the exports of Chemical Products ($2.27M), Machines ($1.34M), and Plastics and Rubbers ($1.08M).

Economic Complexity

Competitive Landscape

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

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

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