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Pricing

2022
Flag → Flag
Exports $7.82MRnk 183 / 224
2022
Flag → Flag
Top Product $2.32MHard Liquor
2022
Flag → Flag
Exports $15.5MRnk 12 / 123
2022
Flag → Flag
Top Product $7.52MHard Liquor
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
Flag  
GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC $45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186

About

United Kingdom-Cuba Trade: In 2022, United Kingdom exported $7.82M to Cuba. The main products that United Kingdom exported to Cuba were Hard Liquor ($2.32M), Stone Processing Machines ($1.8M), and Orthopedic Appliances ($534k). Over the past 5 years the exports of United Kingdom to Cuba have decreased at an annualized rate of 32.8%, from $57.2M in 2017 to $7.82M in 2022.

In 2022, United Kingdom did not export any services to Cuba.

Cuba-United Kingdom Trade: In 2022, Cuba exported $15.5M to United Kingdom. The main products that Cuba exported to United Kingdom were Hard Liquor ($7.52M), Rolled Tobacco ($6.87M), and Paintings ($328k). Over the past 5 years the exports of Cuba to United Kingdom have increased at an annualized rate of 0.65%,  from $15M in 2017 to $15.5M in 2022.

In 2022, Cuba did not export any services to United Kingdom.

Comparison In 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42),  and 14 in total exports ($469B). That same year, Cuba ranked 161 in total exports ($1.07B), and does not have data regarding Economic Complexity Index.

Latest Trends

August, 2024

About

Overview In August 2024, United Kingdom exported £336k and imported £873k from Cuba, resulting in a negative trade balance of £537k. Between August 2023 and August 2024 the exports of United Kingdom have decreased by £-220k (-39.6%) from £556k to £336k, while imports increased by £145k (19.9%) from £728k to £873k.

Trade In August 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 August 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 August 2024 the exports of United Kingdom were mainly from London Gateway (£137k), London Heathrow Airport (£114k), Glasgow Airport (£54.5k), Edinburgh Airport (£15.4k), and Manchester Airport (£5.28k), while imports destinations were mainly London Gatwick Airport (£45.8k) and London Gateway (£18.5k).

Growth In August 2024, the decrease in United Kingdom's year-by-year exports to Cuba was explained primarily by an decrease in product exports in Hard Liquor (£-53.8k or -48%), Commodities not elsewhere specified (£-4.51k or -29%), and Glass Bottles (£-3.28k or -19.4%). In August 2024, the increase in United Kingdom's year-by-year imports  from Cuba was explained primarily by an increase in product imports  in Rolled Tobacco (£693k or 177%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)£-220k(-39.6%)
IMPORT GROWTH (August 2023 - August 2024)£145k(19.9%)
MAIN EXPORTER (August 2024)London Gateway£137k

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 2022, United Kingdom exported $7.82M to Cuba. The main products exported from United Kingdom to Cuba were Hard Liquor ($2.32M), Stone Processing Machines ($1.8M), and Orthopedic Appliances ($534k). During the last 5 years the exports of United Kingdom to Cuba have decreased at an annualized rate of 32.8%, from $57.2M in 2017 to $7.82M in 2022.

In 2017, Cuba exported $15.5M to United Kingdom. The main products exported from Cuba to United Kingdom were Hard Liquor ($7.52M), Rolled Tobacco ($6.87M), and Paintings ($328k). During the last 5 years the exports of Cuba to United Kingdom have increased at an annualized rate of 0.65%, from $15M in 2022 to $15.5M in 2017.

Exports from United Kingdom (Flag) to Cuba (Flag) (2022)

Exports from Cuba (Flag) to United Kingdom (Flag) (2022)

Market Competitiveness

Color
United Kingdom
Top DestinationN/AN/A
Cuba
Top DestinationN/AN/A

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.

N/A

N/A

Difference in imports from Cuba (Flag) and United Kingdom (Flag) (2022)

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 2022, United Kingdom had a large net trade with Cuba in the exports of Machines ($2.63M), Foodstuffs ($2.43M), and Paper Goods ($746k).

During 2017, Cuba had a large net trade with United Kingdom in the exports of Foodstuffs ($14.5M), Arts and Antiques ($334k), and Chemical Products ($154k).

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) (2022)

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