2022
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GDP
$281BCURRENT US$
Rnk 47 / 186
2012-2022
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GDP GROWTH
8.73%CURRENT US$
Rnk 147 / 186
2022
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GDP PC 
$50,537CURRENT US$
Rnk 18 / 186
2012-2022
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GDP PC GROWTH
5.93%CURRENT US$
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About

Finland-Cuba Trade: In 2022, Finland exported $170k to Cuba. The main products that Finland exported to Cuba were Ethylene Polymers ($106k), Broadcasting Equipment ($24.6k), and Surveying Equipment ($18.2k). Over the past 5 years the exports of Finland to Cuba have decreased at an annualized rate of 58.8%, from $14.3M in 2017 to $170k in 2022.

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

Cuba-Finland Trade: In 2022, Cuba exported $395k to Finland. The main products that Cuba exported to Finland were Hard Liquor ($225k), Wood Charcoal ($126k), and Rolled Tobacco ($37k). Over the past 5 years the exports of Cuba to Finland have decreased at an annualized rate of 54.8%,  from $21M in 2017 to $395k in 2022.

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

Comparison In 2022,  Finland ranked 13 in the Economic Complexity Index (ECI 1.41),  and 46 in total exports ($89.9B). 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, Finland exported $170k to Cuba. The main products exported from Finland to Cuba were Ethylene Polymers ($106k), Broadcasting Equipment ($24.6k), and Surveying Equipment ($18.2k). During the last 5 years the exports of Finland to Cuba have decreased at an annualized rate of 58.8%, from $14.3M in 2017 to $170k in 2022.

In 2017, Cuba exported $395k to Finland. The main products exported from Cuba to Finland were Hard Liquor ($225k), Wood Charcoal ($126k), and Rolled Tobacco ($37k). During the last 5 years the exports of Cuba to Finland have decreased at an annualized rate of 54.8%, from $21M in 2022 to $395k in 2017.

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

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

Latest Data

Trade between Finland (Flag) and Cuba (Flag)

Finland Exports

Market Competitiveness

Color
Finland
Top Destination
Germany$9.99B
Cuba
Top Destination
China$426M

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

In 2022, countries that imported more from Finland than Cuba included Germany ($9.99B), United States ($9.17B), and Sweden ($9.1B).

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

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

Comparative Advantage Finland - Cuba

Flow
Scale

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

During 2022, Finland had a large net trade with Cuba in the exports of Plastics and Rubbers ($106k), Machines ($29.5k), and Instruments ($18.2k).

During 2017, Cuba had a large net trade with Finland in the exports of Foodstuffs ($262k), Wood Products ($126k), and Animal Products ($3.1k).

Economic Complexity

Competitive Landscape

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

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

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