2022
Flag  
GDP
$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 136 / 186
2022
Flag
GDP PC 
$48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH
10.4%CURRENT US$
Rnk 115 / 186

About

Germany-Cuba Trade: In 2022, Germany exported $147M to Cuba. The main products that Germany exported to Cuba were Wheat ($26.6M), Combustion Engines ($14.9M), and Cheese ($9.05M). Over the past 5 years the exports of Germany to Cuba have decreased at an annualized rate of 13.4%, from $302M in 2017 to $147M in 2022.

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

Cuba-Germany Trade: In 2022, Cuba exported $58.5M to Germany. The main products that Cuba exported to Germany were Rolled Tobacco ($37.3M), Honey ($10.3M), and Hard Liquor ($6.25M). Over the past 5 years the exports of Cuba to Germany have decreased at an annualized rate of 1.28%,  from $62.4M in 2017 to $58.5M in 2022.

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

Comparison In 2022,  Germany ranked 5 in the Economic Complexity Index (ECI 1.78),  and 3 in total exports ($1.6T). That same year, Cuba ranked 161 in total exports ($1.07B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Germany exported $147M to Cuba. The main products exported from Germany to Cuba were Wheat ($26.6M), Combustion Engines ($14.9M), and Cheese ($9.05M). During the last 5 years the exports of Germany to Cuba have decreased at an annualized rate of 13.4%, from $302M in 2017 to $147M in 2022.

In 2017, Cuba exported $58.5M to Germany. The main products exported from Cuba to Germany were Rolled Tobacco ($37.3M), Honey ($10.3M), and Hard Liquor ($6.25M). During the last 5 years the exports of Cuba to Germany have decreased at an annualized rate of 1.28%, from $62.4M in 2022 to $58.5M in 2017.

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

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

Market Competitiveness

Color
Germany
Top Destination
United States$153B
Cuba
Top Destination
China$426M

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

In 2022, countries that imported more from Germany than Cuba included United States ($153B), France ($120B), and Netherlands ($109B).

In 2022, no countries were registered that imported more from Cuba than from Germany.

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

Comparative Advantage Germany - Cuba

Flow
Scale

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

During 2022, Germany had a large net trade with Cuba in the exports of Machines ($52.6M), Vegetable Products ($28M), and Transportation ($12.7M).

During 2017, Cuba had a large net trade with Germany in the exports of Foodstuffs ($45.8M), Animal Products ($10.7M), and Wood Products ($586k).

Economic Complexity

Competitive Landscape

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

Product Space of Germany (Flag) and Cuba (Flag) (2022)

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