2022
Flag
 GDP
$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH
6.06%CURRENT US$
Rnk 151 / 186
2022
Flag
GDP PC
$55,873CURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP PC GROWTH
-3.73%CURRENT US$
Rnk 149 / 186

About

Cuba-Sweden Trade: In 2022, Cuba exported $2.55M to Sweden. The main products that Cuba exported to Sweden were Rolled Tobacco ($2.05M), Broadcasting Equipment ($332k), and Electrical Transformers ($93.8k). Over the past 5 years the exports of Cuba to Sweden have decreased at an annualized rate of 35.1%, from $22.2M in 2017 to $2.55M in 2022.

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

Sweden-Cuba Trade: In 2022, Sweden exported $33.1M to Cuba. The main products that Sweden exported to Cuba were Broadcasting Equipment ($24.7M), Ethylene Polymers ($6.48M), and Insulated Wire ($318k). Over the past 5 years the exports of Sweden to Cuba have decreased at an annualized rate of 1.62%,  from $36M in 2017 to $33.1M in 2022.

In 2022, Sweden 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, Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cuba exported $2.55M to Sweden. The main products exported from Cuba to Sweden were Rolled Tobacco ($2.05M), Broadcasting Equipment ($332k), and Electrical Transformers ($93.8k). During the last 5 years the exports of Cuba to Sweden have decreased at an annualized rate of 35.1%, from $22.2M in 2017 to $2.55M in 2022.

In 2017, Sweden exported $33.1M to Cuba. The main products exported from Sweden to Cuba were Broadcasting Equipment ($24.7M), Ethylene Polymers ($6.48M), and Insulated Wire ($318k). During the last 5 years the exports of Sweden to Cuba have decreased at an annualized rate of 1.62%, from $36M in 2022 to $33.1M in 2017.

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

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

Latest Data

Trade between Cuba (Flag) and Sweden (Flag)

Sweden Exports

Market Competitiveness

Color
Cuba
Top Destination
China$426M
Sweden
Top Destination
Germany$19.2B

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

In 2022, countries that imported more from Sweden than Cuba included Germany ($19.2B), Norway ($18.7B), and United States ($17.8B).

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

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 2022, Cuba had a large net trade with Sweden in the exports of Foodstuffs ($2.08M), Machines ($434k), and Wood Products ($42.2k).

During 2017, Sweden had a large net trade with Cuba in the exports of Machines ($26.3M), Plastics and Rubbers ($6.61M), and Metals ($81.7k).

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) (2022)

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