2022
Flag
 GDP
$243BCURRENT US$
Rnk 51 / 186
2012-2022
Flag
GDP GROWTH
25.9%CURRENT US$
Rnk 106 / 186
2022
Flag
GDP PC
$7,126CURRENT US$
Rnk 89 / 186
2012-2022
Flag
GDP PC GROWTH
10%CURRENT US$
Rnk 116 / 186

About

Cuba-Peru Trade: In 2022, Cuba exported $1.77M to Peru. The main products that Cuba exported to Peru were Hard Liquor ($1.59M), Other Plastic Products ($114k), and Rolled Tobacco ($53.8k). Over the past 5 years the exports of Cuba to Peru have decreased at an annualized rate of 44.1%, from $32.5M in 2017 to $1.77M in 2022.

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

Peru-Cuba Trade: 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). Over the past 5 years the exports of Peru to Cuba have decreased at an annualized rate of 4.17%,  from $12.2M in 2017 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 5 years the exports of Cuba to Peru have decreased at an annualized rate of 44.1%, from $32.5M in 2017 to $1.77M in 2022.

In 2017, 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 5 years the exports of Peru to Cuba have decreased at an annualized rate of 4.17%, from $12.2M in 2022 to $5.69M in 2017.

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 2022, countries that imported more from Cuba than Peru included Cyprus ($31.2M), Macau ($28.9M), and Portugal ($43.3M).

In 2022, countries that imported more from Peru than Cuba included 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 2017, 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 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) (2022)

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