2023
Flag
 GDP
$585BCURRENT US$
Rnk 24 / 195
2013-2023
Flag
GDP GROWTH
0.14%CURRENT US$
Rnk 170 / 195
2023
Flag
GDP PC
$55,517CURRENT US$
Rnk 19 / 196
2013-2023
Flag
GDP PC GROWTH
-8.76%CURRENT US$
Rnk 165 / 195

About

Cuba-Sweden Trade: In 2023, Cuba exported $3.07M to Sweden. The main products that Cuba exported to Sweden were Rolled Tobacco ($2.97M), Wood Charcoal ($52.1k), and Telephones ($26.3k). Over the past 5 years the exports of Cuba to Sweden have increased at an annualized rate of 0.033%, from $3.07M in 2018 to $3.07M in 2023.

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

Sweden-Cuba Trade: In 2023, Sweden exported $8.35M to Cuba. The main products that Sweden exported to Cuba were Ethylene Polymers ($7.35M), Centrifuges ($408k), and Metal Finishing Machines ($110k). Over the past 5 years the exports of Sweden to Cuba have decreased at an annualized rate of 36.9%,  from $83.5M in 2018 to $8.35M in 2023.

In 2023, Sweden 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, Sweden ranked 9 in the Economic Complexity Index (ECI 1.53), and 32 in total exports ($188B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cuba exported $3.07M to Sweden. The main products exported from Cuba to Sweden were Rolled Tobacco ($2.97M), Wood Charcoal ($52.1k), and Telephones ($26.3k). During the last 5 years the exports of Cuba to Sweden have increased at an annualized rate of 0.033%, from $3.07M in 2018 to $3.07M in 2023.

In 2018, Sweden exported $8.35M to Cuba. The main products exported from Sweden to Cuba were Ethylene Polymers ($7.35M), Centrifuges ($408k), and Metal Finishing Machines ($110k). During the last 5 years the exports of Sweden to Cuba have decreased at an annualized rate of 36.9%, from $83.5M in 2023 to $8.35M in 2018.

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

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

Latest Data

Trade between Cuba (Flag) and Sweden (Flag)

Sweden Exports

Market Competitiveness

Color
Cuba
Top Destination
China$358M
Sweden
Top Destination
Germany$18.4B

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

In 2023, countries that imported more from Cuba than Sweden included Andorra ($3.77M).

In 2023, countries that imported more from Sweden than Cuba included Germany ($18.4B), United States ($18.1B), and Denmark ($14.4B).

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

Comparative Advantage Cuba - Sweden

Flow
Scale

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

During 2023, Cuba had a large net trade with Sweden in the exports of Foodstuffs ($2.97M), Wood Products ($52.1k), and Machines ($41.3k).

During 2018, Sweden had a large net trade with Cuba in the exports of Plastics and Rubbers ($7.41M), Machines ($748k), and Metals ($102k).

Economic Complexity

Competitive Landscape

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

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

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