Cuba (CUB) and Portugal (PRT) Trade | The Observatory of Economic Complexity

About

Cuba-Portugal Trade: In 2022, Cuba exported $43.3M to Portugal. The main products that Cuba exported to Portugal were Raw Sugar ($26.9M), Wood Charcoal ($8.81M), and Honey ($5.08M). Over the past 5 years the exports of Cuba to Portugal have increased at an annualized rate of 18.9%, from $18.2M in 2017 to $43.3M in 2022.

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

Portugal-Cuba Trade: In 2022, Portugal exported $27.6M to Cuba. The main products that Portugal exported to Cuba were Glass Bottles ($6.67M), Uncoated Paper ($2.28M), and Butter ($1.67M). Over the past 5 years the exports of Portugal to Cuba have decreased at an annualized rate of 15%, from $62.3M in 2017 to $27.6M in 2022.

In 2022, Portugal 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Cuba exported $43.3M to Portugal. The main products exported from Cuba to Portugal were Raw Sugar ($26.9M), Wood Charcoal ($8.81M), and Honey ($5.08M). During the last 5 years the exports of Cuba to Portugal have increased at an annualized rate of 18.9%, from $18.2M in 2017 to $43.3M in 2022.

In 2017, Portugal exported $27.6M to Cuba. The main products exported from Portugal to Cuba were Glass Bottles ($6.67M), Uncoated Paper ($2.28M), and Butter ($1.67M). During the last 5 years the exports of Portugal to Cuba have decreased at an annualized rate of 15%, from $62.3M in 2022 to $27.6M in 2017.

Exports from Cuba () to Portugal () (2022)

Exports from Portugal () to Cuba () (2022)

Latest Data

Trade between Cuba () and Portugal ()

Portugal Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cuba
Top DestinationN/AN/A

Portugal
Top DestinationN/AN/A

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

N/A

Difference in imports from Portugal () and Cuba () (2022)

Comparative Advantage Cuba - Portugal

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Cuba had a large net trade with Portugal in the exports of Foodstuffs ($29.3M), Wood Products ($8.81M), and Animal Products ($5.08M).

During 2017, Portugal had a large net trade with Cuba in the exports of Stone And Glass ($7.78M), Machines ($4.17M), and Plastics and Rubbers ($3.44M).

Potential Exports

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Cuba () to Portugal () (2022)

Exports from Portugal () to Cuba () (2022)

Latest Data

Trade between Cuba () and Portugal ()

Portugal Exports

Market Competitiveness

Difference in imports from Portugal () and Cuba () (2022)

Comparative Advantage Cuba - Portugal

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Cuba () and Portugal () (2022)

Keep Exploring