Hong Kong (HKG) and Cuba (CUB) Trade | The Observatory of Economic Complexity

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Hong Kong-Cuba Trade: In 2022, Hong Kong exported $3.71M to Cuba. The main products that Hong Kong exported to Cuba were Base Metal Watches ($2.32M), Wood Ornaments ($405k), and Video Displays ($392k). Over the past 5 years the exports of Hong Kong to Cuba have decreased at an annualized rate of 7.41%, from $5.45M in 2017 to $3.71M in 2022.

In 2022, Hong Kong did not export any services to Cuba.

Cuba-Hong Kong Trade: In 2022, Cuba exported $21.8M to Hong Kong. The main products that Cuba exported to Hong Kong were Rolled Tobacco ($21.5M), Scrap Copper ($128k), and Processed Crustaceans ($59.5k). Over the past 5 years the exports of Cuba to Hong Kong have decreased at an annualized rate of 12.9%, from $43.5M in 2017 to $21.8M in 2022.

In 2022, Cuba did not export any services to Hong Kong.

Comparison In 2022, Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Hong Kong exported $3.71M to Cuba. The main products exported from Hong Kong to Cuba were Base Metal Watches ($2.32M), Wood Ornaments ($405k), and Video Displays ($392k). During the last 5 years the exports of Hong Kong to Cuba have decreased at an annualized rate of 7.41%, from $5.45M in 2017 to $3.71M in 2022.

In 2017, Cuba exported $21.8M to Hong Kong. The main products exported from Cuba to Hong Kong were Rolled Tobacco ($21.5M), Scrap Copper ($128k), and Processed Crustaceans ($59.5k). During the last 5 years the exports of Cuba to Hong Kong have decreased at an annualized rate of 12.9%, from $43.5M in 2022 to $21.8M in 2017.

Exports from Hong Kong () to Cuba () (2022)

Exports from Cuba () to Hong Kong () (2022)

Latest Data

Trade between Hong Kong () and Cuba ()

Hong Kong Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Hong Kong
Top DestinationChina$23.4B

Cuba
Top DestinationChina$426M

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 2022, countries that imported more from Hong Kong than Cuba included China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

In 2022, countries that imported more from Cuba than Hong Kong included Andorra ($4.23M).

Difference in imports from Cuba () and Hong Kong () (2022)

Comparative Advantage Hong Kong - Cuba

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Hong Kong had a large net trade with Cuba in the exports of Instruments ($2.32M), Machines ($896k), and Wood Products ($405k).

During 2017, Cuba had a large net trade with Hong Kong in the exports of Foodstuffs ($21.6M), Metals ($128k), and Textiles ($8.43k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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.

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Historical Data

Bilateral Trade by Products

Exports from Hong Kong () to Cuba () (2022)

Exports from Cuba () to Hong Kong () (2022)

Latest Data

Trade between Hong Kong () and Cuba ()

Hong Kong Exports

Market Competitiveness

Difference in imports from Cuba () and Hong Kong () (2022)

Comparative Advantage Hong Kong - Cuba

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Hong Kong () and Cuba () (2022)

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