2023
Flag
 GDP
$268BCURRENT US$
Rnk 49 / 195
2013-2023
Flag
GDP GROWTH
33%CURRENT US$
Rnk 108 / 195
2023
Flag
GDP PC
$7,907CURRENT US$
Rnk 97 / 196
2013-2023
Flag
GDP PC GROWTH
17.2%CURRENT US$
Rnk 111 / 195

About

Cuba-Peru Trade: In 2023, Cuba exported $992k to Peru. The main products that Cuba exported to Peru were Hard Liquor ($934k), Rolled Tobacco ($36.4k), and Other Ores ($14.4k). Over the past 5 years the exports of Cuba to Peru have decreased at an annualized rate of 10.4%, from $1.72M in 2018 to $992k in 2023.

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

Peru-Cuba Trade: In 2023, Peru exported $12.5M to Cuba. The main products that Peru exported to Cuba were Refined Petroleum ($1.58M), Stone Processing Machines ($1.09M), and Baked Goods ($1.07M). Over the past 5 years the exports of Peru to Cuba have decreased at an annualized rate of 4.79%,  from $15.9M in 2018 to $12.5M in 2023.

In 2023, Peru 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, Peru ranked 90 in the Economic Complexity Index (ECI -0.61), and 51 in total exports ($66.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cuba exported $992k to Peru. The main products exported from Cuba to Peru were Hard Liquor ($934k), Rolled Tobacco ($36.4k), and Other Ores ($14.4k). During the last 5 years the exports of Cuba to Peru have decreased at an annualized rate of 10.4%, from $1.72M in 2018 to $992k in 2023.

In 2018, Peru exported $12.5M to Cuba. The main products exported from Peru to Cuba were Refined Petroleum ($1.58M), Stone Processing Machines ($1.09M), and Baked Goods ($1.07M). During the last 5 years the exports of Peru to Cuba have decreased at an annualized rate of 4.79%, from $15.9M in 2023 to $12.5M in 2018.

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

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

Latest Data

Trade between Cuba (Flag) and Peru (Flag)

Peru Exports

Market Competitiveness

Color
Cuba
Top Destination
China$358M
Peru
Top Destination
China$22.5B

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

In 2023, countries that imported more from Cuba than Peru included Cyprus ($42.5M), Macau ($29.2M), and Andorra ($3.77M).

In 2023, countries that imported more from Peru than Cuba included China ($22.5B), United States ($9.3B), and Canada ($3.24B).

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

Comparative Advantage Cuba - Peru

Flow
Scale

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

During 2023, Cuba had a large net trade with Peru in the exports of Foodstuffs ($974k), Mineral Products ($14.4k), and Instruments ($3.46k).

During 2018, Peru had a large net trade with Cuba in the exports of Textiles ($2.91M), Machines ($1.59M), and Mineral Products ($1.58M).

Economic Complexity

Competitive Landscape

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

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

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