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2022
Flag → Flag
Exports $169MRnk 106 / 221
2022
Flag → Flag
Top Product $11.1MOther Plastic Products
2022
Flag → Flag
Exports $21.3MRnk 9 / 123
2022
Flag → Flag
Top Product $5.3MCrude Petroleum
2022
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Economic Complexity (ECI) ECI 1.29Rnk 17 / 133
2022
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GDP$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
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GDP GROWTH-3.67%CURRENT US$
Rnk 169 / 186
2022
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GDP PC $34,158CURRENT US$
Rnk 30 / 186
2012-2022
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GDP PC GROWTH-2.55%CURRENT US$
Rnk 148 / 186

About

Italy-Cuba Trade: In 2022, Italy exported $169M to Cuba. The main products that Italy exported to Cuba were Other Plastic Products ($11.1M), Kaolin Coated Paper ($5.39M), and Electrical Control Boards ($5.16M). Over the past 5 years the exports of Italy to Cuba have decreased at an annualized rate of 14.6%, from $372M in 2017 to $169M in 2022.

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

Cuba-Italy Trade: In 2022, Cuba exported $21.3M to Italy. The main products that Cuba exported to Italy were Crude Petroleum ($5.3M), Wood Charcoal ($4.94M), and Rolled Tobacco ($3.91M). Over the past 5 years the exports of Cuba to Italy have decreased at an annualized rate of 0.81%,  from $22.2M in 2017 to $21.3M in 2022.

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

Comparison In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29),  and 7 in total exports ($634B). That same year, Cuba ranked 161 in total exports ($1.07B), and does not have data regarding Economic Complexity Index.

Latest Trends

N/A

About

Overview In N/A, Italy exported €N/A and imported €N/A from Cuba, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Italy have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Growth In N/A, the N/A in Italy's year-by-year exports to Cuba was explained primarily by an decrease in product exports in . In N/A, the N/A in Italy's year-by-year imports  from Cuba was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth

This section shows exports and imports data at subnational level for Italy. Click any date in the line plot or any product to explore the exports or imports behavior of Italy over time.

To check Cuba and Italy trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Cuba and Italy Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $169M to Cuba. The main products exported from Italy to Cuba were Other Plastic Products ($11.1M), Kaolin Coated Paper ($5.39M), and Electrical Control Boards ($5.16M). During the last 5 years the exports of Italy to Cuba have decreased at an annualized rate of 14.6%, from $372M in 2017 to $169M in 2022.

In 2017, Cuba exported $21.3M to Italy. The main products exported from Cuba to Italy were Crude Petroleum ($5.3M), Wood Charcoal ($4.94M), and Rolled Tobacco ($3.91M). During the last 5 years the exports of Cuba to Italy have decreased at an annualized rate of 0.81%, from $22.2M in 2022 to $21.3M in 2017.

Exports from Italy (Flag) to Cuba (Flag) (2022)

Exports from Cuba (Flag) to Italy (Flag) (2022)

Market Competitiveness

Color
Italy
Top DestinationGermany$78.5B
Cuba
Top DestinationChina$426M

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

In 2022, countries that imported more from Italy than Cuba included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

In 2022, no countries were registered that imported more from Cuba than from Italy.

Difference in imports from Cuba (Flag) and Italy (Flag) (2022)

Comparative Advantage Italy - Cuba

Flow
Scale

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

During 2022, Italy had a large net trade with Cuba in the exports of Machines ($57.9M), Plastics and Rubbers ($27.9M), and Chemical Products ($21.9M).

During 2017, Cuba had a large net trade with Italy in the exports of Foodstuffs ($7.78M), Mineral Products ($5.3M), and Wood Products ($4.95M).

Economic Complexity

Competitive Landscape

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

Product Space of Italy (Flag) and Cuba (Flag) (2022)

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