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2022
Flag → Flag
Exports $3.84MRnk 165 / 218
2022
Flag → Flag
Top Product $633kBeer
2022
Flag → Flag
Exports $77.7kRnk 90 / 123
2022
Flag → Flag
Top Product $21.4kPulley Systems
2022
Flag
Economic Complexity (ECI) ECI 1.01Rnk 27 / 133
2022
Flag  
GDP$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH20.9%CURRENT US$
Rnk 120 / 186
2022
Flag
GDP PC $66,983CURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP PC GROWTH14.5%CURRENT US$
Rnk 99 / 186

About

Denmark-Cuba Trade: In 2022, Denmark exported $3.84M to Cuba. The main products that Denmark exported to Cuba were Beer ($633k), Medical Instruments ($627k), and Cheese ($554k). Over the past 5 years the exports of Denmark to Cuba have decreased at an annualized rate of 32.1%, from $26.7M in 2017 to $3.84M in 2022.

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

Cuba-Denmark Trade: In 2022, Cuba exported $77.7k to Denmark. The main products that Cuba exported to Denmark were Pulley Systems ($21.4k), Interchangeable Tool Parts ($12.8k), and Rolled Tobacco ($7.75k). Over the past 5 years the exports of Cuba to Denmark have decreased at an annualized rate of 5.69%,  from $110k in 2017 to $77.7k in 2022.

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

Comparison In 2022,  Denmark ranked 27 in the Economic Complexity Index (ECI 1.01),  and 37 in total exports ($122B). 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, Denmark exported $3.84M to Cuba. The main products exported from Denmark to Cuba were Beer ($633k), Medical Instruments ($627k), and Cheese ($554k). During the last 5 years the exports of Denmark to Cuba have decreased at an annualized rate of 32.1%, from $26.7M in 2017 to $3.84M in 2022.

In 2017, Cuba exported $77.7k to Denmark. The main products exported from Cuba to Denmark were Pulley Systems ($21.4k), Interchangeable Tool Parts ($12.8k), and Rolled Tobacco ($7.75k). During the last 5 years the exports of Cuba to Denmark have decreased at an annualized rate of 5.69%, from $110k in 2022 to $77.7k in 2017.

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

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

Latest Data

Trade between Denmark (Flag) and Cuba (Flag)

Denmark Exports

Market Competitiveness

Color
Denmark
Top DestinationGermany$18.9B
Cuba
Top DestinationChina$426M

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 2022, countries that imported more from Denmark than Cuba included Germany ($18.9B), United States ($13.1B), and Sweden ($11.6B).

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

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

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 2022, Denmark had a large net trade with Cuba in the exports of Machines ($1.1M), Animal Products ($854k), and Foodstuffs ($724k).

During 2017, Cuba had a large net trade with Denmark in the exports of Machines ($31.7k), Metals ($23.3k), and Foodstuffs ($8.31k).

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) (2022)

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