Georgia (GEO) and Cuba (CUB) Trade | The Observatory of Economic Complexity

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Georgia-Cuba Trade: In 2023, Georgia exported $10.5k to Cuba. The main products that Georgia exported to Cuba were Liquid Pumps ($3.5k), Metal Mountings ($2.2k), and Electrical Ignitions ($2.19k). Over the past 5 years the exports of Georgia to Cuba have decreased at an annualized rate of 61.8%, from $1.3M in 2018 to $10.5k in 2023.

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

Cuba-Georgia Trade: In 2023, Cuba exported $387k to Georgia. The main products that Cuba exported to Georgia were Cars ($387k). Over the past 5 years the exports of Cuba to Georgia have increased at an annualized rate of 14.2%, from $199k in 2018 to $387k in 2023.

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

Comparison: In 2023, Georgia ranked 55 in the Economic Complexity Index (ECI 0.13), and 123 in total exports ($6.39B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Georgia exported $10.5k to Cuba. The main products exported from Georgia to Cuba were Liquid Pumps ($3.5k), Metal Mountings ($2.2k), and Electrical Ignitions ($2.19k). During the last 5 years the exports of Georgia to Cuba have decreased at an annualized rate of 61.8%, from $1.3M in 2018 to $10.5k in 2023.

In 2018, Cuba exported $387k to Georgia. The main products exported from Cuba to Georgia were Cars ($387k). During the last 5 years the exports of Cuba to Georgia have increased at an annualized rate of 14.2%, from $199k in 2023 to $387k in 2018.

Exports from Georgia () to Cuba () (2023)

Exports from Cuba () to Georgia () (2023)

Latest Data

Trade between Georgia () and Cuba ()

Georgia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Georgia
Top DestinationAzerbaijan$828M

Cuba
Top DestinationChina$358M

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

In 2023, countries that imported more from Georgia than Cuba included Azerbaijan ($828M), Turkey ($733M), and Armenia ($712M).

In 2023, countries that imported more from Cuba than Georgia included China ($358M), Cyprus ($42.5M), and Macau ($29.2M).

Difference in imports from Cuba () and Georgia () (2023)

Comparative Advantage Georgia - Cuba

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Georgia had a large net trade with Cuba in the exports of Machines ($5.85k), Metals ($2.65k), and Miscellaneous ($1.2k).

During 2018, Cuba had a large net trade with Georgia in the exports of Transportation ($387k).

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Georgia () to Cuba () (2023)

Exports from Cuba () to Georgia () (2023)

Latest Data

Trade between Georgia () and Cuba ()

Georgia Exports

Market Competitiveness

Difference in imports from Cuba () and Georgia () (2023)

Comparative Advantage Georgia - Cuba

Economic Complexity

Competitive Landscape

Product Space of Georgia () and Cuba () (2023)

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