2023
Flag  
GDP
$514BCURRENT US$
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2013-2023
Flag
GDP GROWTH
72.6%CURRENT US$
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2023
Flag
GDP PC 
$52,642CURRENT US$
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2013-2023
Flag
GDP PC GROWTH
42.5%CURRENT US$
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About

Israel-Cuba Trade: In 2023, Israel exported $7.43M to Cuba. The main products that Israel exported to Cuba were Natural Polymers ($1.34M), Vaccines, blood, antisera, toxins and cultures ($1.24M), and Medical Instruments ($1.03M). Over the past 5 years the exports of Israel to Cuba have increased at an annualized rate of 3.1%, from $6.38M in 2018 to $7.43M in 2023.

In 2006, Israel exported services to Cuba worth $1.17M, with Other business services ($789k), Royalties and license fees ($286k), and Construction services ($95.3k) being the largest in terms of value.

Cuba-Israel Trade: In 2023, Cuba exported $132k to Israel. The main products that Cuba exported to Israel were Hard Liquor ($99k), Coffee ($16k), and Low-voltage Protection Equipment ($7k). Over the past 5 years the exports of Cuba to Israel have decreased at an annualized rate of 18.4%,  from $9.36M in 2018 to $132k in 2023.

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

Comparison: In 2023,  Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 49 in total exports ($69.3B). 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, Israel exported $7.43M to Cuba. The main products exported from Israel to Cuba were Natural Polymers ($1.34M), Vaccines, blood, antisera, toxins and cultures ($1.24M), and Medical Instruments ($1.03M). During the last 5 years the exports of Israel to Cuba have increased at an annualized rate of 3.1%, from $6.38M in 2018 to $7.43M in 2023.

In 2018, Cuba exported $132k to Israel. The main products exported from Cuba to Israel were Hard Liquor ($99k), Coffee ($16k), and Low-voltage Protection Equipment ($7k). During the last 5 years the exports of Cuba to Israel have decreased at an annualized rate of 18.4%, from $9.36M in 2023 to $132k in 2018.

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

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

Latest Data

Trade between Israel (Flag) and Cuba (Flag)

Israel Exports

Market Competitiveness

Color
Israel
Top Destination
United States$20.3B
Cuba
Top Destination
China$358M

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

In 2023, countries that imported more from Israel than Cuba included United States ($20.3B), China ($7.09B), and Ireland ($4.22B).

In 2023, countries that imported more from Cuba than Israel included Macau ($29.2M), Andorra ($3.77M), and Lebanon ($1.81M).

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

Comparative Advantage Israel - Cuba

Flow
Scale

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

During 2023, Israel had a large net trade with Cuba in the exports of Plastics and Rubbers ($3.52M), Chemical Products ($1.25M), and Instruments ($1.15M).

During 2018, Cuba had a large net trade with Israel in the exports of N/A.

Economic Complexity

Competitive Landscape

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

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

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