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2023
Flag → Flag
Exports $515Rnk 116 / 121
2023
Flag → Flag
Top Product $414Motor vehicles; parts and accessories (8701 to 8705)
2023
Flag → Flag
Exports $2.51kRnk 169 / 171
2023
Flag → Flag
Top Product $874Other Vegetables
2023
Flag
Economic Complexity (ECI) ECI -0.42Rnk 82 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.32Rnk 76 / 132
2023
Flag
 GDP$109BCURRENT US$
Rnk 66 / 195
2013-2023
Flag
GDP GROWTH21%CURRENT US$
Rnk 138 / 195
2023
Flag
GDP PC$21,550CURRENT US$
Rnk 62 / 196
2013-2023
Flag
GDP PC GROWTH-8.13%CURRENT US$
Rnk 164 / 195

About

Cuba-Oman Trade: In 2023, Cuba exported $515 to Oman. The main products that Cuba exported to Oman were Motor vehicles; parts and accessories (8701 to 8705) ($414) and Other Rubber Products ($101). Over the past 8 years the exports of Cuba to Oman have decreased at an annualized rate of 51.6%, from $172k in 2015 to $515 in 2023.

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

Oman-Cuba Trade: In 2023, Oman exported $2.51k to Cuba. The main products that Oman exported to Cuba were Other Vegetables ($874), Other Edible Preparations ($850), and Water ($476). Over the past 8 years the exports of Oman to Cuba have decreased at an annualized rate of 56%,  from $152k in 2015 to $2.51k in 2023.

In 2023, Oman 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, Oman ranked 76 in the Economic Complexity Index (ECI -0.32), and 48 in total exports ($70.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cuba exported $515 to Oman. The main products exported from Cuba to Oman were Motor vehicles; parts and accessories (8701 to 8705) ($414) and Other Rubber Products ($101). During the last 8 years the exports of Cuba to Oman have decreased at an annualized rate of 51.6%, from $172k in 2015 to $515 in 2023.

In 2018, Oman exported $2.51k to Cuba. The main products exported from Oman to Cuba were Other Vegetables ($874), Other Edible Preparations ($850), and Water ($476). During the last 5 years the exports of Oman to Cuba have decreased at an annualized rate of 56%, from $152k in 2023 to $2.51k in 2018.

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

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

Latest Data

Trade between Cuba (Flag) and Oman (Flag)

Oman Exports

Market Competitiveness

Color
Cuba
Top DestinationChina$358M
Oman
Top DestinationChina$30.2B

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

In 2023, countries that imported more from Cuba than Oman included Cyprus ($42.5M), Macau ($29.2M), and Switzerland ($48.2M).

In 2023, countries that imported more from Oman than Cuba included China ($30.2B), India ($4.5B), and Saudi Arabia ($3.64B).

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

Comparative Advantage Cuba - Oman

Flow
Scale

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

During 2023, Cuba had a large net trade with Oman in the exports of Transportation ($414) and Plastics and Rubbers ($101).

During 2018, Oman had a large net trade with Cuba in the exports of Foodstuffs ($1.33k) and Vegetable Products ($1.19k).

Economic Complexity

Competitive Landscape

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

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

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