2022
Flag
 GDP
$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH
2.89%CURRENT US$
Rnk 159 / 186
2022
Flag
GDP PC
$2,184CURRENT US$
Rnk 146 / 186
2012-2022
Flag
GDP PC GROWTH
-19.9%CURRENT US$
Rnk 173 / 186

About

Cuba-Nigeria Trade: In 2022, Cuba exported $658 to Nigeria. The main products that Cuba exported to Nigeria were Used Clothing ($658). Over the past 5 years the exports of Cuba to Nigeria have decreased at an annualized rate of 57.8%, from $49k in 2017 to $658 in 2022.

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

Nigeria-Cuba Trade: In 2022, Nigeria exported $3.43M to Cuba. The main products that Nigeria exported to Cuba were N/A. Over the past 5 years the exports of Nigeria to Cuba have increased at an annualized rate of 232%,  from $2.54k in 2017 to $3.43M in 2022.

In 2022, Nigeria 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, Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cuba exported $658 to Nigeria. The main products exported from Cuba to Nigeria were Used Clothing ($658). During the last 5 years the exports of Cuba to Nigeria have decreased at an annualized rate of 57.8%, from $49k in 2017 to $658 in 2022.

In 2013, Nigeria exported $3.43M to Cuba. There were not main exports from Nigeria to Cuba in 2013. During the last 5 years the exports of Nigeria to Cuba have increased at an annualized rate of 232%, from $2.54k in 2018 to $3.43M in 2013.

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

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

Market Competitiveness

Color
Cuba
Top Destination
China$426M
Nigeria
Top Destination
Spain$9.41B

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

In 2022, countries that imported more from Cuba than Nigeria included Cyprus ($31.2M), Macau ($28.9M), and Luxembourg ($5.62M).

In 2022, countries that imported more from Nigeria than Cuba included Spain ($9.41B), India ($8.2B), and France ($4.95B).

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

Comparative Advantage Cuba - Nigeria

Flow
Scale

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

During 2022, Cuba had a large net trade with Nigeria in the exports of Textiles ($658).

During 2013, Nigeria had a large net trade with Cuba in the exports of .

Economic Complexity

Competitive Landscape

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

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

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