2022
Flag
 GDP
$12.6BCURRENT US$
Rnk 141 / 186
2012-2022
Flag
GDP GROWTH
-3.33%CURRENT US$
Rnk 168 / 186
2022
Flag
GDP PC
$4,911CURRENT US$
Rnk 113 / 186
2012-2022
Flag
GDP PC GROWTH
-18.4%CURRENT US$
Rnk 170 / 186

About

Cuba-Namibia Trade: In 2022, Cuba exported $2.95k to Namibia. The main products that Cuba exported to Namibia were Rolled Tobacco ($1.28k), Bricks ($842), and Hard Liquor ($688). Over the past 5 years the exports of Cuba to Namibia have decreased at an annualized rate of 7.56%, from $4.37k in 2017 to $2.95k in 2022.

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

Namibia-Cuba Trade: In 2022, Namibia exported $16.3k to Cuba. The main products that Namibia exported to Cuba were Electric Batteries ($8k), Motorcycles and cycles ($7.4k), and Rubber Tires ($597). Over the past 5 years the exports of Namibia to Cuba have decreased at an annualized rate of 1.33%,  from $17.5k in 2017 to $16.3k in 2022.

In 2022, Namibia 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, Namibia ranked 94 in the Economic Complexity Index (ECI -0.63), and 121 in total exports ($6.18B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cuba exported $2.95k to Namibia. The main products exported from Cuba to Namibia were Rolled Tobacco ($1.28k), Bricks ($842), and Hard Liquor ($688). During the last 5 years the exports of Cuba to Namibia have decreased at an annualized rate of 7.56%, from $4.37k in 2017 to $2.95k in 2022.

In 2017, Namibia exported $16.3k to Cuba. The main products exported from Namibia to Cuba were Electric Batteries ($8k), Motorcycles and cycles ($7.4k), and Rubber Tires ($597). During the last 5 years the exports of Namibia to Cuba have decreased at an annualized rate of 1.33%, from $17.5k in 2022 to $16.3k in 2017.

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

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

Latest Data

Trade between Cuba (Flag) and Namibia (Flag)

Namibia Exports

Market Competitiveness

Color
Cuba
Top Destination
China$426M
Namibia
Top Destination
South Africa$1.75B

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

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

In 2022, countries that imported more from Namibia than Cuba included South Africa ($1.75B), Botswana ($672M), and Zambia ($279M).

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

Comparative Advantage Cuba - Namibia

Flow
Scale

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

During 2022, Cuba had a large net trade with Namibia in the exports of Foodstuffs ($1.97k), Stone And Glass ($842), and Machines ($135).

During 2017, Namibia had a large net trade with Cuba in the exports of Machines ($8k), Transportation ($7.4k), and Plastics and Rubbers ($597).

Economic Complexity

Competitive Landscape

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

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

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