2023
Flag
 GDP
$77.2BCURRENT US$
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2013-2023
Flag
GDP GROWTH
25.9%CURRENT US$
Rnk 122 / 195
2023
Flag
GDP PC
$22,798CURRENT US$
Rnk 54 / 196
2013-2023
Flag
GDP PC GROWTH
24.3%CURRENT US$
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About

Cuba-Uruguay Trade: In 2023, Cuba exported $388k to Uruguay. The main products that Cuba exported to Uruguay were Hard Liquor ($286k), Raw Tobacco ($66.1k), and Rolled Tobacco ($18k). Over the past 5 years the exports of Cuba to Uruguay have increased at an annualized rate of 0.066%, from $386k in 2018 to $388k in 2023.

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

Uruguay-Cuba Trade: In 2023, Uruguay exported $25.4M to Cuba. The main products that Uruguay exported to Cuba were Rice ($19.7M), Concentrated Milk ($2.73M), and Other Edible Preparations ($897k). Over the past 5 years the exports of Uruguay to Cuba have decreased at an annualized rate of 14%,  from $53.9M in 2018 to $25.4M in 2023.

In 2023, Uruguay 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, Uruguay ranked 52 in the Economic Complexity Index (ECI 0.22), and 100 in total exports ($11B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cuba exported $388k to Uruguay. The main products exported from Cuba to Uruguay were Hard Liquor ($286k), Raw Tobacco ($66.1k), and Rolled Tobacco ($18k). During the last 5 years the exports of Cuba to Uruguay have increased at an annualized rate of 0.066%, from $386k in 2018 to $388k in 2023.

In 2018, Uruguay exported $25.4M to Cuba. The main products exported from Uruguay to Cuba were Rice ($19.7M), Concentrated Milk ($2.73M), and Other Edible Preparations ($897k). During the last 5 years the exports of Uruguay to Cuba have decreased at an annualized rate of 14%, from $53.9M in 2023 to $25.4M in 2018.

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

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

Latest Data

Trade between Cuba (Flag) and Uruguay (Flag)

Uruguay Exports

Market Competitiveness

Color
Cuba
Top Destination
China$358M
Uruguay
Top Destination
China$2.34B

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

In 2023, countries that imported more from Cuba than Uruguay included Cyprus ($42.5M), Macau ($29.2M), and Greece ($14.1M).

In 2023, countries that imported more from Uruguay than Cuba included China ($2.34B), Brazil ($1.92B), and United States ($880M).

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

Comparative Advantage Cuba - Uruguay

Flow
Scale

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

During 2023, Cuba had a large net trade with Uruguay in the exports of Foodstuffs ($370k), Paper Goods ($13.4k), and Arts and Antiques ($3.7k).

During 2018, Uruguay had a large net trade with Cuba in the exports of Vegetable Products ($20.5M), Animal Products ($3.11M), and Foodstuffs ($1.3M).

Economic Complexity

Competitive Landscape

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

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

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