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Pricing

2023
Flag → Flag
Exports $7.43MRnk 177 / 223
2023
Flag → Flag
Top Product $1.98MHard Liquor
2023
Flag → Flag
Exports $16.6MRnk 13 / 121
2023
Flag → Flag
Top Product $10.7MRolled Tobacco
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 11 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.42Rnk 82 / 132
2023
Flag  
GDP$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
GDP PC $49,464CURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP PC GROWTH13.9%CURRENT US$
Rnk 124 / 195

About

United Kingdom-Cuba Trade: In 2023, United Kingdom exported $7.43M to Cuba. The main products that United Kingdom exported to Cuba were Hard Liquor ($1.98M), Uncoated Paper ($1.24M), and Stone Processing Machines ($523k). Over the past 5 years the exports of United Kingdom to Cuba have decreased at an annualized rate of 29.8%, from $43.7M in 2018 to $7.43M in 2023.

In 2023, United Kingdom did not export any services to Cuba.

Cuba-United Kingdom Trade: In 2023, Cuba exported $16.6M to United Kingdom. The main products that Cuba exported to United Kingdom were Rolled Tobacco ($10.7M), Hard Liquor ($5.11M), and Paintings ($241k). Over the past 5 years the exports of Cuba to United Kingdom have increased at an annualized rate of 10.4%,  from $10.1M in 2018 to $16.6M in 2023.

In 2023, Cuba did not export any services to United Kingdom.

Comparison: In 2023,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B). That same year, Cuba ranked 82 in the Economic Complexity Index (ECI -0.42), and 159 in total exports ($1.05B).

Latest Trends

November, 2024

About

Overview In November 2024, United Kingdom exported £749k and imported £376k from Cuba, resulting in a positive trade balance of £373k. Between November 2023 and November 2024 the exports of United Kingdom have increased by £375k (100%) from £374k to £749k, while imports decreased by £-1.02M (-73.1%) from £1.4M to £376k.

Trade In November 2024, the top exports of United Kingdom to Cuba were Uncoated Paper (£513k), Hard Liquor (£58.3k), Phosphoric Acid (£33.1k), Other Edible Preparations (£22.6k), and Hydrochloric Acid (£16k). In November 2024 the top imports of United Kingdom from Cuba were Rolled Tobacco (£1.09M), Hard Liquor (£40.5k), and Wood Charcoal (£30.5k).

Origins In November 2024 the exports of United Kingdom were mainly from Immingham (£485k), London Gateway (£143k), and London Heathrow Airport (£23.8k), while imports destinations were mainly London Gateway (£77.6k), London Heathrow Airport (£42.1k), and London Gatwick Airport (£20.2k).

Growth In November 2024, the increase in United Kingdom's year-by-year exports to Cuba was explained primarily by an increase in product exports in Orthopedic Appliances (£1.41k or 58.7%). In November 2024, the decrease in United Kingdom's year-by-year imports  from Cuba was explained primarily by an decrease in product imports  in Hard Liquor (£-210k or -83.8%) and Wood Charcoal (£-62 or -0.2%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)£375k(100%)
IMPORT GROWTH (November 2023 - November 2024)£-1.02M(-73.1%)
MAIN EXPORTER (November 2024)Immingham£485k

This section shows exports and imports data at subnational level for United Kingdom. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United Kingdom over time.

To check Cuba and United Kingdom trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Kingdom exported $7.43M to Cuba. The main products exported from United Kingdom to Cuba were Hard Liquor ($1.98M), Uncoated Paper ($1.24M), and Stone Processing Machines ($523k). During the last 5 years the exports of United Kingdom to Cuba have decreased at an annualized rate of 29.8%, from $43.7M in 2018 to $7.43M in 2023.

In 2018, Cuba exported $16.6M to United Kingdom. The main products exported from Cuba to United Kingdom were Rolled Tobacco ($10.7M), Hard Liquor ($5.11M), and Paintings ($241k). During the last 5 years the exports of Cuba to United Kingdom have increased at an annualized rate of 10.4%, from $10.1M in 2023 to $16.6M in 2018.

Exports from United Kingdom (Flag) to Cuba (Flag) (2023)

Exports from Cuba (Flag) to United Kingdom (Flag) (2023)

Market Competitiveness

Color
United Kingdom
Top DestinationUnited States$59.7B
Cuba
Top DestinationChina$358M

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

In 2023, countries that imported more from United Kingdom than Cuba included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

In 2023, no countries were registered that imported more from Cuba than from United Kingdom.

Difference in imports from Cuba (Flag) and United Kingdom (Flag) (2023)

Comparative Advantage United Kingdom - Cuba

Flow
Scale

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

During 2023, United Kingdom had a large net trade with Cuba in the exports of Foodstuffs ($2.06M), Machines ($1.89M), and Paper Goods ($1.76M).

During 2018, Cuba had a large net trade with United Kingdom in the exports of Foodstuffs ($15.8M), Arts and Antiques ($243k), and Metals ($129k).

Economic Complexity

Competitive Landscape

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

Product Space of United Kingdom (Flag) and Cuba (Flag) (2023)

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