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2022
Flag → Flag
Exports $3.03MRnk 36 / 123
2022
Flag → Flag
Top Product $1.63MPlatinum
2022
Flag → Flag
Exports $1.45MRnk 151 / 209
2022
Flag → Flag
Top Product $1.41MOther Precious Metal Products
2022
Flag
Economic Complexity (ECI) ECI 0.54Rnk 43 / 133
2022
Flag
 GDP$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH13%CURRENT US$
Rnk 141 / 186
2022
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GDP PC$106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH3.89%CURRENT US$
Rnk 131 / 186

About

Cuba-Norway Trade: In 2022, Cuba exported $3.03M to Norway. The main products that Cuba exported to Norway were Platinum ($1.63M), Rolled Tobacco ($1.02M), and Hard Liquor ($260k). Over the past 5 years the exports of Cuba to Norway have increased at an annualized rate of 6.7%, from $2.19M in 2017 to $3.03M in 2022.

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

Norway-Cuba Trade: In 2022, Norway exported $1.45M to Cuba. The main products that Norway exported to Cuba were Other Precious Metal Products ($1.41M), Interchangeable Tool Parts ($31.8k), and Buses ($5.72k). Over the past 5 years the exports of Norway to Cuba have decreased at an annualized rate of 14.1%,  from $3.11M in 2017 to $1.45M in 2022.

In 2022, Norway 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, Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cuba exported $3.03M to Norway. The main products exported from Cuba to Norway were Platinum ($1.63M), Rolled Tobacco ($1.02M), and Hard Liquor ($260k). During the last 5 years the exports of Cuba to Norway have increased at an annualized rate of 6.7%, from $2.19M in 2017 to $3.03M in 2022.

In 2017, Norway exported $1.45M to Cuba. The main products exported from Norway to Cuba were Other Precious Metal Products ($1.41M), Interchangeable Tool Parts ($31.8k), and Buses ($5.72k). During the last 5 years the exports of Norway to Cuba have decreased at an annualized rate of 14.1%, from $3.11M in 2022 to $1.45M in 2017.

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

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

Latest Data

Trade between Cuba (Flag) and Norway (Flag)

Norway Exports

Market Competitiveness

Color
Cuba
Top DestinationChina$426M
Norway
Top DestinationGermany$78.1B

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

In 2022, countries that imported more from Cuba than Norway included Macau ($28.9M) and Andorra ($4.23M).

In 2022, countries that imported more from Norway than Cuba included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

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

Comparative Advantage Cuba - Norway

Flow
Scale

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

During 2022, Cuba had a large net trade with Norway in the exports of Precious Metals ($1.63M), Foodstuffs ($1.33M), and Plastics and Rubbers ($56.1k).

During 2017, Norway had a large net trade with Cuba in the exports of Precious Metals ($1.41M), Metals ($31.8k), and Transportation ($5.72k).

Economic Complexity

Competitive Landscape

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

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

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