Mexico (MEX) and Cuba (CUB) Trade | The Observatory of Economic Complexity

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Mexico-Cuba Trade: In 2022, Mexico exported $89.8M to Cuba. The main products that Mexico exported to Cuba were Soap ($22M), Dried Legumes ($8.26M), and Hair Products ($6.71M). Over the past 5 years the exports of Mexico to Cuba have decreased at an annualized rate of 26%, from $405M in 2017 to $89.8M in 2022.

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

Cuba-Mexico Trade: In 2022, Cuba exported $25.8k to Mexico. The main products that Cuba exported to Mexico were N/A. Over the past 5 years the exports of Cuba to Mexico have decreased at an annualized rate of 21%, from $83.8k in 2017 to $25.8k in 2022.

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

Comparison In 2022, Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B). That same year, Cuba ranked 161 in total exports ($1.07B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Mexico exported $89.8M to Cuba. The main products exported from Mexico to Cuba were Soap ($22M), Dried Legumes ($8.26M), and Hair Products ($6.71M). During the last 5 years the exports of Mexico to Cuba have decreased at an annualized rate of 26%, from $405M in 2017 to $89.8M in 2022.

In 2015, Cuba exported $25.8k to Mexico. There were not main exports from Cuba to Mexico in 2015. During the last 5 years the exports of Cuba to Mexico have decreased at an annualized rate of 21%, from $83.8k in 2020 to $25.8k in 2015.

Exports from Mexico () to Cuba () (2022)

Exports from Cuba () to Mexico () (2022)

Latest Data

Trade between Mexico () and Cuba ()

Mexico Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mexico
Top DestinationUnited States$421B

Cuba
Top DestinationChina$426M

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

In 2022, countries that imported more from Mexico than Cuba included United States ($421B), Canada ($22.2B), and China ($12.7B).

In 2022, countries that imported more from Cuba than Mexico included Cyprus ($31.2M), Macau ($28.9M), and Andorra ($4.23M).

Difference in imports from Cuba () and Mexico () (2022)

Comparative Advantage Mexico - Cuba

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Mexico had a large net trade with Cuba in the exports of Chemical Products ($43.5M), Vegetable Products ($9.41M), and Plastics and Rubbers ($9.33M).

During 2015, Cuba had a large net trade with Mexico in the exports of .

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Mexico () to Cuba () (2022)

Exports from Cuba () to Mexico () (2022)

Latest Data

Trade between Mexico () and Cuba ()

Mexico Exports

Market Competitiveness

Difference in imports from Cuba () and Mexico () (2022)

Comparative Advantage Mexico - Cuba

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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