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2023
Flag → Flag
Exports $8.59MRnk 139 / 217
2023
Flag → Flag
Top Product $1.38MReaction and Catalytic Products
2023
Flag → Flag
Exports $197kRnk 80 / 121
2023
Flag → Flag
Top Product $146kCrustaceans
2023
Flag
Economic Complexity (ECI) ECI 1.13Rnk 22 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.42Rnk 82 / 132
2023
Flag  
GDP$407BCURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP GROWTH18.1%CURRENT US$
Rnk 146 / 195
2023
Flag
GDP PC $68,454CURRENT US$
Rnk 14 / 195
2013-2023
Flag
GDP PC GROWTH11.5%CURRENT US$
Rnk 129 / 195

About

Denmark-Cuba Trade: In 2023, Denmark exported $8.59M to Cuba. The main products that Denmark exported to Cuba were Reaction and Catalytic Products ($1.38M), Engine Parts ($1.09M), and Cheese ($859k). Over the past 5 years the exports of Denmark to Cuba have decreased at an annualized rate of 21.5%, from $28.8M in 2018 to $8.59M in 2023.

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

Cuba-Denmark Trade: In 2023, Cuba exported $197k to Denmark. The main products that Cuba exported to Denmark were Crustaceans ($146k), Hard Liquor ($43.6k), and Paintings ($5.58k). Over the past 5 years the exports of Cuba to Denmark have decreased at an annualized rate of 5.96%,  from $268k in 2018 to $197k in 2023.

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

Comparison: In 2023,  Denmark ranked 22 in the Economic Complexity Index (ECI 1.13), and 37 in total exports ($118B). That same year, Cuba ranked 82 in the Economic Complexity Index (ECI -0.42), and 159 in total exports ($1.05B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Denmark exported $8.59M to Cuba. The main products exported from Denmark to Cuba were Reaction and Catalytic Products ($1.38M), Engine Parts ($1.09M), and Cheese ($859k). During the last 5 years the exports of Denmark to Cuba have decreased at an annualized rate of 21.5%, from $28.8M in 2018 to $8.59M in 2023.

In 2018, Cuba exported $197k to Denmark. The main products exported from Cuba to Denmark were Crustaceans ($146k), Hard Liquor ($43.6k), and Paintings ($5.58k). During the last 5 years the exports of Cuba to Denmark have decreased at an annualized rate of 5.96%, from $268k in 2023 to $197k in 2018.

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

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

Latest Data

Trade between Denmark (Flag) and Cuba (Flag)

Denmark Exports

Market Competitiveness

Color
Denmark
Top DestinationGermany$14.8B
Cuba
Top DestinationChina$358M

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

In 2023, countries that imported more from Denmark than Cuba included Germany ($14.8B), United States ($12B), and Sweden ($11.2B).

In 2023, countries that imported more from Cuba than Denmark included Macau ($29.2M) and Andorra ($3.77M).

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

Comparative Advantage Denmark - Cuba

Flow
Scale

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

During 2023, Denmark had a large net trade with Cuba in the exports of Machines ($4.42M), Animal Products ($2.01M), and Chemical Products ($1.42M).

During 2018, Cuba had a large net trade with Denmark in the exports of Animal Products ($146k), Foodstuffs ($43.6k), and Arts and Antiques ($5.58k).

Economic Complexity

Competitive Landscape

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

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

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