2022
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 GDP
$243BCURRENT US$
Rnk 51 / 186
2012-2022
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GDP GROWTH
25.9%CURRENT US$
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2022
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GDP PC
$7,126CURRENT US$
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2012-2022
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GDP PC GROWTH
10%CURRENT US$
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About

Cuba-Peru In 2022, Cuba exported $1.77M to Peru. The main products that Cuba exported to Peru are Hard Liquor ($1.59M), Other Plastic Products ($114k), and Rolled Tobacco ($53.8k). During the last 27 years the exports of Cuba to Peru have increased at an annualized rate of 4.32%, from $566k in 1995 to $1.77M in 2022.

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

Peru-Cuba In 2022, Peru exported $5.69M to Cuba. The main products that Peru exported to Cuba were Stone Processing Machines ($1.31M), Raw Plastic Sheeting ($439k), and Liquid Pumps ($379k). During the last 27 years the exports of Peru to Cuba have increased at an annualized rate of 8.06%, from $701k in 1995 to $5.69M in 2022.

In 2022, Peru 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, Peru ranked 93 in the Economic Complexity Index (ECI -0.6), and 54 in total exports ($59.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cuba exported $1.77M to Peru. The main products exported from Cuba to Peru were Hard Liquor ($1.59M), Other Plastic Products ($114k), and Rolled Tobacco ($53.8k). During the last 27 years the exports of Cuba to Peru have increased at an annualized rate of 4.32%, from $566k in 1995 to $1.77M in 2022.

In 2022, Peru exported $5.69M to Cuba. The main products exported from Peru to Cuba were Stone Processing Machines ($1.31M), Raw Plastic Sheeting ($439k), and Liquid Pumps ($379k). During the last 27 years the exports of Peru to Cuba have increased at an annualized rate of 8.06%, from $701k in 1995 to $5.69M in 2022.

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

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

Latest Data

Trade between Cuba (Flag) and Peru (Flag)

Peru Exports

Market Competitiveness

Color
Cuba
Top Destination
China$426M
Peru
Top Destination
China$17.6B

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 2021, countries that imported more from Cuba than Peru were Cyprus ($31.2M), Macau ($28.9M), and Portugal ($43.3M).

In 2021, countries that imported more from Peru than Cuba were China ($17.6B), United States ($8.69B), and Japan ($2.83B).

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

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 2022, Cuba had a large net trade with Peru in the exports of Foodstuffs ($1.65M), Plastics and Rubbers ($114k), and Chemical Products ($6.24k).

During 2022, Peru had a large net trade with Cuba in the exports of Machines ($1.9M), Textiles ($1.16M), and Plastics and Rubbers ($667k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Cuba has comparative advantage over Peru. Similarly, the more yellow a dot/product is, the more Peru has comparative advantage over Cuba.

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

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