2023
Flag  
GDP
$1.37TCURRENT US$
Rnk 16 / 195
2013-2023
Flag
GDP GROWTH
50.3%CURRENT US$
Rnk 75 / 195
2023
Flag
GDP PC 
$4,876CURRENT US$
Rnk 123 / 195
2013-2023
Flag
GDP PC GROWTH
36.7%CURRENT US$
Rnk 66 / 195

About

Indonesia-Cuba Trade: In 2023, Indonesia exported $8.2M to Cuba. The main products that Indonesia exported to Cuba were Soap ($6.93M), Palm Oil ($378k), and Insulated Wire ($291k). Over the past 5 years the exports of Indonesia to Cuba have decreased at an annualized rate of 20.7%, from $26.2M in 2018 to $8.2M in 2023.

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

Cuba-Indonesia Trade: In 2023, Cuba exported $1.15M to Indonesia. The main products that Cuba exported to Indonesia were Vaccines, blood, antisera, toxins and cultures ($543k), Rolled Tobacco ($313k), and Raw Tobacco ($131k). Over the past 5 years the exports of Cuba to Indonesia have increased at an annualized rate of 6.78%,  from $830k in 2018 to $1.15M in 2023.

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

Comparison: In 2023,  Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085), and 27 in total exports ($299B). 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, Indonesia exported $8.2M to Cuba. The main products exported from Indonesia to Cuba were Soap ($6.93M), Palm Oil ($378k), and Insulated Wire ($291k). During the last 5 years the exports of Indonesia to Cuba have decreased at an annualized rate of 20.7%, from $26.2M in 2018 to $8.2M in 2023.

In 2018, Cuba exported $1.15M to Indonesia. The main products exported from Cuba to Indonesia were Vaccines, blood, antisera, toxins and cultures ($543k), Rolled Tobacco ($313k), and Raw Tobacco ($131k). During the last 5 years the exports of Cuba to Indonesia have increased at an annualized rate of 6.78%, from $830k in 2023 to $1.15M in 2018.

Exports from Indonesia (Flag) to Cuba (Flag) (2023)

Exports from Cuba (Flag) to Indonesia (Flag) (2023)

Latest Data

Trade between Indonesia (Flag) and Cuba (Flag)

Indonesia Exports

Market Competitiveness

Color
Indonesia
Top Destination
China$70.7B
Cuba
Top Destination
China$358M

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

In 2023, countries that imported more from Indonesia than Cuba included China ($70.7B), United States ($27.9B), and India ($24B).

In 2023, countries that imported more from Cuba than Indonesia included Cyprus ($42.5M) and Andorra ($3.77M).

Difference in imports from Cuba (Flag) and Indonesia (Flag) (2023)

Comparative Advantage Indonesia - Cuba

Flow
Scale

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

During 2023, Indonesia had a large net trade with Cuba in the exports of Chemical Products ($6.93M), Animal and Vegetable Bi-Products ($496k), and Machines ($291k).

During 2018, Cuba had a large net trade with Indonesia in the exports of Chemical Products ($543k), Foodstuffs ($454k), and Animal Hides ($154k).

Economic Complexity

Competitive Landscape

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

Product Space of Indonesia (Flag) and Cuba (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with