2023
Flag  
GDP
$15.8BCURRENT US$
Rnk 135 / 195
2013-2023
Flag
GDP GROWTH
45.7%CURRENT US$
Rnk 83 / 195
2023
Flag
GDP PC 
$8,624CURRENT US$
Rnk 92 / 195
2013-2023
Flag
GDP PC GROWTH
53.3%CURRENT US$
Rnk 42 / 195

About

North Macedonia-Cuba Trade: In 2022, North Macedonia exported $86.2k to Cuba. The main products that North Macedonia exported to Cuba were N/A. Over the past 5 years the exports of North Macedonia to Cuba have increased at an annualized rate of 40.8%, from $15.6k in 2017 to $86.2k in 2022.

In 2022, North Macedonia did not export any services to Cuba.

Cuba-North Macedonia Trade: In 2022, Cuba exported $482k to North Macedonia. The main products that Cuba exported to North Macedonia were Wood Charcoal ($240k), Rolled Tobacco ($194k), and Hard Liquor ($41.1k). Over the past 5 years the exports of Cuba to North Macedonia have increased at an annualized rate of 18.9%,  from $203k in 2017 to $482k in 2022.

In 2022, Cuba did not export any services to North Macedonia.

Comparison In 2023,  North Macedonia ranked 104 in total exports ($10.1B), and does not have data regarding Economic Complexity Index. 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 2022, North Macedonia exported $86.2k to Cuba. There were not main exports from North Macedonia to Cuba in 2022. During the last 5 years the exports of North Macedonia to Cuba have increased at an annualized rate of 40.8%, from $15.6k in 2017 to $86.2k in 2022.

In 2018, Cuba exported $482k to North Macedonia. The main products exported from Cuba to North Macedonia were Wood Charcoal ($240k), Rolled Tobacco ($194k), and Hard Liquor ($41.1k). During the last 5 years the exports of Cuba to North Macedonia have increased at an annualized rate of 18.9%, from $203k in 2023 to $482k in 2018.

Exports from North Macedonia (Flag) to Cuba (Flag) (2023)

Exports from Cuba (Flag) to North Macedonia (Flag) (2023)

Market Competitiveness

Color
North Macedonia
Top Destination
Germany$4B
Cuba
Top Destination
China$358M

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

In 2023, countries that imported more from North Macedonia than Cuba included Germany ($4B), Serbia ($827M), and Bulgaria ($566M).

In 2023, countries that imported more from Cuba than North Macedonia included China ($358M), Hong Kong ($43.7M), and Cyprus ($42.5M).

Difference in imports from Cuba (Flag) and North Macedonia (Flag) (2023)

Comparative Advantage North Macedonia - Cuba

Flow
Scale

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

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

During 2018, Cuba had a large net trade with North Macedonia in the exports of Wood Products ($240k), Foodstuffs ($235k), and Animal Products ($6.62k).

Economic Complexity

Competitive Landscape

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

Product Space of North Macedonia (Flag) and Cuba (Flag) (2023)

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