2023
Flag
 GDP
$252BCURRENT US$
Rnk 51 / 195
2013-2023
Flag
GDP GROWTH
32.1%CURRENT US$
Rnk 110 / 195
2023
Flag
GDP PC
$48,281CURRENT US$
Rnk 28 / 196
2013-2023
Flag
GDP PC GROWTH
12.3%CURRENT US$
Rnk 127 / 195

About

Cuba-New Zealand Trade: In 2023, Cuba exported $751k to New Zealand. The main products that Cuba exported to New Zealand were Rolled Tobacco ($495k), Hard Liquor ($253k), and Knit Women's Suits ($1.74k). Over the past 5 years the exports of Cuba to New Zealand have decreased at an annualized rate of 4.15%, from $929k in 2018 to $751k in 2023.

In 2023, Cuba did not export any services to New Zealand.

New Zealand-Cuba Trade: In 2023, New Zealand exported $6.55M to Cuba. The main products that New Zealand exported to Cuba were Concentrated Milk ($6.54M), Electric Motors ($5.48k), and Motor vehicles; parts and accessories (8701 to 8705) ($1.39k). Over the past 5 years the exports of New Zealand to Cuba have decreased at an annualized rate of 11.4%,  from $22M in 2018 to $6.55M in 2023.

In 2023, New Zealand 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, New Zealand ranked 43 in the Economic Complexity Index (ECI 0.48), and 61 in total exports ($44.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cuba exported $751k to New Zealand. The main products exported from Cuba to New Zealand were Rolled Tobacco ($495k), Hard Liquor ($253k), and Knit Women's Suits ($1.74k). During the last 5 years the exports of Cuba to New Zealand have decreased at an annualized rate of 4.15%, from $929k in 2018 to $751k in 2023.

In 2018, New Zealand exported $6.55M to Cuba. The main products exported from New Zealand to Cuba were Concentrated Milk ($6.54M), Electric Motors ($5.48k), and Motor vehicles; parts and accessories (8701 to 8705) ($1.39k). During the last 5 years the exports of New Zealand to Cuba have decreased at an annualized rate of 11.4%, from $22M in 2023 to $6.55M in 2018.

Exports from Cuba (Flag) to New Zealand (Flag) (2023)

Exports from New Zealand (Flag) to Cuba (Flag) (2023)

Latest Data

Trade between Cuba (Flag) and New Zealand (Flag)

New Zealand Exports

Market Competitiveness

Color
Cuba
Top Destination
China$358M
New Zealand
Top Destination
China$12.3B

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

In 2023, countries that imported more from Cuba than New Zealand included Cyprus ($42.5M), Luxembourg ($7.92M), and Andorra ($3.77M).

In 2023, countries that imported more from New Zealand than Cuba included China ($12.3B), United States ($5.42B), and Australia ($5.2B).

Difference in imports from New Zealand (Flag) and Cuba (Flag) (2023)

Comparative Advantage Cuba - New Zealand

Flow
Scale

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

During 2023, Cuba had a large net trade with New Zealand in the exports of Foodstuffs ($748k), Textiles ($1.79k), and Plastics and Rubbers ($943).

During 2018, New Zealand had a large net trade with Cuba in the exports of Animal Products ($6.54M), Machines ($8.12k), and Transportation ($1.39k).

Economic Complexity

Competitive Landscape

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

Product Space of Cuba (Flag) and New Zealand (Flag) (2023)

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