2023
Flag  
GDP
$4.2TCURRENT US$
Rnk 4 / 195
2013-2023
Flag
GDP GROWTH
-19.3%CURRENT US$
Rnk 190 / 195
2023
Flag
GDP PC 
$33,767CURRENT US$
Rnk 38 / 195
2013-2023
Flag
GDP PC GROWTH
-17.4%CURRENT US$
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About

Japan-Cuba Trade: In 2023, Japan exported $14.9M to Cuba. The main products that Japan exported to Cuba were Electric Batteries ($3.64M), Electrical Transformers ($2.64M), and Liquid Pumps ($1.17M). Over the past 5 years the exports of Japan to Cuba have decreased at an annualized rate of 28.8%, from $81.3M in 2018 to $14.9M in 2023.

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

Cuba-Japan Trade: In 2023, Cuba exported $8.6M to Japan. The main products that Cuba exported to Japan were Rolled Tobacco ($5.75M), Crustaceans ($1.8M), and Hard Liquor ($505k). Over the past 5 years the exports of Cuba to Japan have decreased at an annualized rate of 13.2%,  from $17.5M in 2018 to $8.6M in 2023.

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

Comparison: In 2023,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B). 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, Japan exported $14.9M to Cuba. The main products exported from Japan to Cuba were Electric Batteries ($3.64M), Electrical Transformers ($2.64M), and Liquid Pumps ($1.17M). During the last 5 years the exports of Japan to Cuba have decreased at an annualized rate of 28.8%, from $81.3M in 2018 to $14.9M in 2023.

In 2018, Cuba exported $8.6M to Japan. The main products exported from Cuba to Japan were Rolled Tobacco ($5.75M), Crustaceans ($1.8M), and Hard Liquor ($505k). During the last 5 years the exports of Cuba to Japan have decreased at an annualized rate of 13.2%, from $17.5M in 2023 to $8.6M in 2018.

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

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

Market Competitiveness

Color
Japan
Top Destination
United States$143B
Cuba
Top Destination
China$358M

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

In 2023, countries that imported more from Japan than Cuba included United States ($143B), China ($138B), and Chinese Taipei ($43B).

In 2023, no countries were registered that imported more from Cuba than from Japan.

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

Comparative Advantage Japan - Cuba

Flow
Scale

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

During 2023, Japan had a large net trade with Cuba in the exports of Machines ($9M), Instruments ($1.95M), and Transportation ($1.42M).

During 2018, Cuba had a large net trade with Japan in the exports of Foodstuffs ($6.27M), Animal Products ($1.8M), and Mineral Products ($452k).

Economic Complexity

Competitive Landscape

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

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

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