About

Cuba-Chinese Taipei Trade: In 2023, Cuba exported $6.65M to Chinese Taipei. The main products that Cuba exported to Chinese Taipei were Rolled Tobacco ($4.74M), Scrap Copper ($831k), and Crustaceans ($755k). Over the past 5 years the exports of Cuba to Chinese Taipei have decreased at an annualized rate of 0.31%, from $6.75M in 2018 to $6.65M in 2023.

In 2023, Cuba did not export any services to Chinese Taipei.

Chinese Taipei-Cuba Trade: In 2023, Chinese Taipei exported $3.24M to Cuba. The main products that Chinese Taipei exported to Cuba were Polyacetals ($1.32M), Rubberworking Machinery ($721k), and Styrene Polymers ($373k). Over the past 5 years the exports of Chinese Taipei to Cuba have decreased at an annualized rate of 26.6%,  from $15.3M in 2018 to $3.24M in 2023.

In 2023, Chinese Taipei 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, Chinese Taipei ranked 2 in the Economic Complexity Index (ECI 2), and 11 in total exports ($509B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cuba exported $6.65M to Chinese Taipei. The main products exported from Cuba to Chinese Taipei were Rolled Tobacco ($4.74M), Scrap Copper ($831k), and Crustaceans ($755k). During the last 5 years the exports of Cuba to Chinese Taipei have decreased at an annualized rate of 0.31%, from $6.75M in 2018 to $6.65M in 2023.

In 2018, Chinese Taipei exported $3.24M to Cuba. The main products exported from Chinese Taipei to Cuba were Polyacetals ($1.32M), Rubberworking Machinery ($721k), and Styrene Polymers ($373k). During the last 5 years the exports of Chinese Taipei to Cuba have decreased at an annualized rate of 26.6%, from $15.3M in 2023 to $3.24M in 2018.

Exports from Cuba (Flag) to Chinese Taipei (Flag) (2023)

Exports from Chinese Taipei (Flag) to Cuba (Flag) (2023)

Market Competitiveness

Color
Cuba
Top Destination
China$358M
Chinese Taipei
Top Destination
China$101B

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

In 2023, countries that imported more from Cuba than Chinese Taipei included Cyprus ($42.5M).

In 2023, countries that imported more from Chinese Taipei than Cuba included China ($101B), United States ($85.6B), and Hong Kong ($66.1B).

Difference in imports from Chinese Taipei (Flag) and Cuba (Flag) (2023)

Comparative Advantage Cuba - Chinese Taipei

Flow
Scale

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

During 2023, Cuba had a large net trade with Chinese Taipei in the exports of Foodstuffs ($4.85M), Metals ($1.02M), and Animal Products ($755k).

During 2018, Chinese Taipei had a large net trade with Cuba in the exports of Plastics and Rubbers ($1.78M), Machines ($1.04M), and Metals ($178k).

Economic Complexity

Competitive Landscape

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

Product Space of Cuba (Flag) and Chinese Taipei (Flag) (2023)

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