2022
Flag
 GDP
$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH
54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
GDP PC
$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH
30.9%CURRENT US$
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About

Cuba-Philippines Trade: In 2022, Cuba exported $5.29M to Philippines. The main products that Cuba exported to Philippines were Raw Tobacco ($4.33M), Other Aluminium Products ($930k), and Packaged Medicaments ($31k). Over the past 5 years the exports of Cuba to Philippines have decreased at an annualized rate of 2.7%, from $6.07M in 2017 to $5.29M in 2022.

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

Philippines-Cuba Trade: In 2022, Philippines exported $3.42M to Cuba. The main products that Philippines exported to Cuba were Raw Tobacco ($3.42M) and Non-Knit Women's Suits ($57). Over the past 5 years the exports of Philippines to Cuba have decreased at an annualized rate of 1.33%,  from $4.07M in 2017 to $3.42M in 2022.

In 2022, Philippines 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, Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cuba exported $5.29M to Philippines. The main products exported from Cuba to Philippines were Raw Tobacco ($4.33M), Other Aluminium Products ($930k), and Packaged Medicaments ($31k). During the last 5 years the exports of Cuba to Philippines have decreased at an annualized rate of 2.7%, from $6.07M in 2017 to $5.29M in 2022.

In 2017, Philippines exported $3.42M to Cuba. The main products exported from Philippines to Cuba were Raw Tobacco ($3.42M) and Non-Knit Women's Suits ($57). During the last 5 years the exports of Philippines to Cuba have decreased at an annualized rate of 1.33%, from $4.07M in 2022 to $3.42M in 2017.

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

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

Latest Data

Trade between Cuba (Flag) and Philippines (Flag)

Philippines Exports

Market Competitiveness

Color
Cuba
Top Destination
China$426M
Philippines
Top Destination
United States$15.5B

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 2022, countries that imported more from Cuba than Philippines included Cyprus ($31.2M), Macau ($28.9M), and Andorra ($4.23M).

In 2022, countries that imported more from Philippines than Cuba included United States ($15.5B), China ($15.3B), and Hong Kong ($12.6B).

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

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 2022, Cuba had a large net trade with Philippines in the exports of Foodstuffs ($4.33M), Metals ($930k), and Chemical Products ($31k).

During 2017, Philippines had a large net trade with Cuba in the exports of Foodstuffs ($3.42M) and Textiles ($57).

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) (2022)

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