Iran (IRN) and Cuba (CUB) Trade | The Observatory of Economic Complexity

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Iran-Cuba Trade: In 2022, Iran exported $174k to Cuba. The main products that Iran exported to Cuba were N/A. Over the past 5 years the exports of Iran to Cuba have decreased at an annualized rate of 43.2%, from $2.95M in 2017 to $174k in 2022.

In 2022, Iran did not export any services to Cuba.

Cuba-Iran Trade: In 2022, Cuba exported $11.9M to Iran. The main products that Cuba exported to Iran were N/A. Over the past 5 years the exports of Cuba to Iran have increased at an annualized rate of 25.8%, from $302k in 2017 to $11.9M in 2022.

In 2022, Cuba did not export any services to Iran.

Comparison: In 2023, Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B). 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 2022, Iran exported $174k to Cuba. There were not main exports from Iran to Cuba in 2022. During the last 5 years the exports of Iran to Cuba have decreased at an annualized rate of 43.2%, from $2.95M in 2017 to $174k in 2022.

In 2017, Cuba exported $11.9M to Iran. There were not main exports from Cuba to Iran in 2017. During the last 5 years the exports of Cuba to Iran have increased at an annualized rate of 25.8%, from $302k in 2022 to $11.9M in 2017.

Exports from Iran () to Cuba () (2022)

Exports from Cuba () to Iran () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Iran
Top DestinationChina$4.59B

Cuba
Top DestinationChina$358M

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

In 2023, countries that imported more from Iran than Cuba included China ($4.59B), Turkey ($2.18B), and India ($1.02B).

In 2023, countries that imported more from Cuba than Iran included Hong Kong ($43.7M), Cyprus ($42.5M), and Spain ($129M).

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

Comparative Advantage Iran - Cuba

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Iran had a large net trade with Cuba in the exports of .

During 2017, Cuba had a large net trade with Iran in the exports of .

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Iran () to Cuba () (2022)

Exports from Cuba () to Iran () (2022)

Market Competitiveness

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

Comparative Advantage Iran - Cuba

Economic Complexity

Competitive Landscape

Product Space of Iran () and Cuba () (2022)

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