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2023
Flag → Flag
Exports $3.26MRnk 158 / 198
2023
Flag → Flag
Top Product $2.09MBase Metal Watches
2023
Flag → Flag
Exports $43.7MRnk 5 / 121
2023
Flag → Flag
Top Product $43MRolled Tobacco
2023
Flag
Economic Complexity (ECI) ECI 1.12Rnk 23 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.42Rnk 82 / 132
2023
Flag  
GDP$381BCURRENT US$
Rnk 39 / 195
2013-2023
Flag
GDP GROWTH38.1%CURRENT US$
Rnk 97 / 195
2023
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GDP PC $50,532CURRENT US$
Rnk 25 / 195
2013-2023
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GDP PC GROWTH31.6%CURRENT US$
Rnk 75 / 195

About

Hong Kong-Cuba Trade: In 2023, Hong Kong exported $3.26M to Cuba. The main products that Hong Kong exported to Cuba were Base Metal Watches ($2.09M), Calculators ($938k), and Nonaqueous Paints ($218k). Over the past 5 years the exports of Hong Kong to Cuba have decreased at an annualized rate of 23.2%, from $12.2M in 2018 to $3.26M in 2023.

In 2023, Hong Kong did not export any services to Cuba.

Cuba-Hong Kong Trade: In 2023, Cuba exported $43.7M to Hong Kong. The main products that Cuba exported to Hong Kong were Rolled Tobacco ($43M), Electric Batteries ($348k), and Scrap Copper ($261k). Over the past 5 years the exports of Cuba to Hong Kong have decreased at an annualized rate of 3.24%,  from $51.6M in 2018 to $43.7M in 2023.

In 2023, Cuba did not export any services to Hong Kong.

Comparison: In 2023,  Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.12), and 38 in total exports ($117B). 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, Hong Kong exported $3.26M to Cuba. The main products exported from Hong Kong to Cuba were Base Metal Watches ($2.09M), Calculators ($938k), and Nonaqueous Paints ($218k). During the last 5 years the exports of Hong Kong to Cuba have decreased at an annualized rate of 23.2%, from $12.2M in 2018 to $3.26M in 2023.

In 2018, Cuba exported $43.7M to Hong Kong. The main products exported from Cuba to Hong Kong were Rolled Tobacco ($43M), Electric Batteries ($348k), and Scrap Copper ($261k). During the last 5 years the exports of Cuba to Hong Kong have decreased at an annualized rate of 3.24%, from $51.6M in 2023 to $43.7M in 2018.

Exports from Hong Kong (Flag) to Cuba (Flag) (2023)

Exports from Cuba (Flag) to Hong Kong (Flag) (2023)

Latest Data

Trade between Hong Kong (Flag) and Cuba (Flag)

Hong Kong Exports

Market Competitiveness

Color
Hong Kong
Top DestinationChina$25.3B
Cuba
Top DestinationChina$358M

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

In 2023, countries that imported more from Hong Kong than Cuba included China ($25.3B), Vietnam ($14.4B), and South Korea ($9.5B).

In 2023, countries that imported more from Cuba than Hong Kong included Cyprus ($42.5M), Andorra ($3.77M), and Cape Verde ($499k).

Difference in imports from Cuba (Flag) and Hong Kong (Flag) (2023)

Comparative Advantage Hong Kong - Cuba

Flow
Scale

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

During 2023, Hong Kong had a large net trade with Cuba in the exports of Instruments ($2.09M), Machines ($938k), and Chemical Products ($218k).

During 2018, Cuba had a large net trade with Hong Kong in the exports of Foodstuffs ($43.1M), Machines ($348k), and Metals ($261k).

Economic Complexity

Competitive Landscape

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

Product Space of Hong Kong (Flag) and Cuba (Flag) (2023)

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