2023
Flag  
GDP
$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP GROWTH
62.2%CURRENT US$
Rnk 49 / 195
2023
Flag
GDP PC 
$30,133CURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP PC GROWTH
56%CURRENT US$
Rnk 35 / 195

About

Estonia-Cuba Trade: In 2023, Estonia exported $4.76M to Cuba. The main products that Estonia exported to Cuba were Refined Petroleum ($2.35M), Electrical Transformers ($1.2M), and Aircraft parts (gliders, balloons, and powered aircraft) ($446k). Over the past 5 years the exports of Estonia to Cuba have decreased at an annualized rate of 26%, from $21.4M in 2018 to $4.76M in 2023.

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

Cuba-Estonia Trade: In 2023, Cuba exported $176k to Estonia. The main products that Cuba exported to Estonia were Hard Liquor ($171k), Low-voltage Protection Equipment ($1.62k), and Hair Products ($1.51k). Over the past 5 years the exports of Cuba to Estonia have increased at an annualized rate of 2.38%,  from $157k in 2018 to $176k in 2023.

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

Comparison In 2023,  Estonia ranked 79 in total exports ($20B), and does not have data regarding Economic Complexity Index. 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, Estonia exported $4.76M to Cuba. The main products exported from Estonia to Cuba were Refined Petroleum ($2.35M), Electrical Transformers ($1.2M), and Aircraft parts (gliders, balloons, and powered aircraft) ($446k). During the last 5 years the exports of Estonia to Cuba have decreased at an annualized rate of 26%, from $21.4M in 2018 to $4.76M in 2023.

In 2018, Cuba exported $176k to Estonia. The main products exported from Cuba to Estonia were Hard Liquor ($171k), Low-voltage Protection Equipment ($1.62k), and Hair Products ($1.51k). During the last 5 years the exports of Cuba to Estonia have increased at an annualized rate of 2.38%, from $157k in 2023 to $176k in 2018.

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

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

Latest Data

Trade between Estonia (Flag) and Cuba (Flag)

Estonia Exports

Market Competitiveness

Color
Estonia
Top Destination
Finland$2.71B
Cuba
Top Destination
China$358M

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

In 2023, countries that imported more from Estonia than Cuba included Finland ($2.71B), Latvia ($1.91B), and Lithuania ($1.74B).

In 2023, countries that imported more from Cuba than Estonia included Cyprus ($42.5M), Macau ($29.2M), and Dominican Republic ($6.77M).

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

Comparative Advantage Estonia - Cuba

Flow
Scale

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

During 2023, Estonia had a large net trade with Cuba in the exports of Mineral Products ($2.35M), Machines ($1.55M), and Transportation ($617k).

During 2018, Cuba had a large net trade with Estonia in the exports of Foodstuffs ($171k), Machines ($2.54k), and Chemical Products ($1.61k).

Economic Complexity

Competitive Landscape

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

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

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