2023
Flag
 GDP
$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH
54%CURRENT US$
Rnk 67 / 195
2023
Flag
GDP PC
$3,805CURRENT US$
Rnk 133 / 196
2013-2023
Flag
GDP PC GROWTH
36.8%CURRENT US$
Rnk 65 / 195

About

Cuba-Philippines Trade: In 2023, Cuba exported $4.32M to Philippines. The main products that Cuba exported to Philippines were Raw Tobacco ($3.86M), Rolled Tobacco ($204k), and Vaccines, blood, antisera, toxins and cultures ($189k). Over the past 5 years the exports of Cuba to Philippines have decreased at an annualized rate of 8.98%, from $6.91M in 2018 to $4.32M in 2023.

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

Philippines-Cuba Trade: In 2023, Philippines exported $3.81M to Cuba. The main products that Philippines exported to Cuba were Raw Tobacco ($3.81M). Over the past 5 years the exports of Philippines to Cuba have decreased at an annualized rate of 8.27%,  from $5.87M in 2018 to $3.81M in 2023.

In 2023, Philippines 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, Philippines ranked 40 in the Economic Complexity Index (ECI 0.64), and 42 in total exports ($101B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cuba exported $4.32M to Philippines. The main products exported from Cuba to Philippines were Raw Tobacco ($3.86M), Rolled Tobacco ($204k), and Vaccines, blood, antisera, toxins and cultures ($189k). During the last 5 years the exports of Cuba to Philippines have decreased at an annualized rate of 8.98%, from $6.91M in 2018 to $4.32M in 2023.

In 2018, Philippines exported $3.81M to Cuba. The main products exported from Philippines to Cuba were Raw Tobacco ($3.81M). During the last 5 years the exports of Philippines to Cuba have decreased at an annualized rate of 8.27%, from $5.87M in 2023 to $3.81M in 2018.

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

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

Latest Data

Trade between Cuba (Flag) and Philippines (Flag)

Philippines Exports

Market Competitiveness

Color
Cuba
Top Destination
China$358M
Philippines
Top Destination
China$19B

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

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

In 2023, countries that imported more from Philippines than Cuba included China ($19B), United States ($13.3B), and Hong Kong ($11.7B).

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

Comparative Advantage Cuba - Philippines

Flow
Scale

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

During 2023, Cuba had a large net trade with Philippines in the exports of Foodstuffs ($4.06M), Chemical Products ($210k), and Textiles ($26.9k).

During 2018, Philippines had a large net trade with Cuba in the exports of Foodstuffs ($3.81M).

Economic Complexity

Competitive Landscape

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

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

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