2022
Flag  
GDP
$406BCURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP GROWTH
29.2%CURRENT US$
Rnk 102 / 186
2022
Flag
GDP PC 
$11,972CURRENT US$
Rnk 69 / 186
2012-2022
Flag
GDP PC GROWTH
12.9%CURRENT US$
Rnk 104 / 186

About

Malaysia-Cuba Trade: In 2022, Malaysia exported $6.29M to Cuba. The main products that Malaysia exported to Cuba were Electric Heaters ($2.89M), Rubber Apparel ($658k), and Pesticides ($569k). Over the past 5 years the exports of Malaysia to Cuba have decreased at an annualized rate of 14.1%, from $13.5M in 2017 to $6.29M in 2022.

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

Cuba-Malaysia Trade: In 2022, Cuba exported $8.9M to Malaysia. The main products that Cuba exported to Malaysia were Iron Ore ($7.9M), Scrap Aluminium ($230k), and Styrene Polymers ($222k). Over the past 5 years the exports of Cuba to Malaysia have increased at an annualized rate of 59.2%,  from $870k in 2017 to $8.9M in 2022.

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

Comparison In 2022,  Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09),  and 22 in total exports ($378B). 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
Value

In 2022, Malaysia exported $6.29M to Cuba. The main products exported from Malaysia to Cuba were Electric Heaters ($2.89M), Rubber Apparel ($658k), and Pesticides ($569k). During the last 5 years the exports of Malaysia to Cuba have decreased at an annualized rate of 14.1%, from $13.5M in 2017 to $6.29M in 2022.

In 2017, Cuba exported $8.9M to Malaysia. The main products exported from Cuba to Malaysia were Iron Ore ($7.9M), Scrap Aluminium ($230k), and Styrene Polymers ($222k). During the last 5 years the exports of Cuba to Malaysia have increased at an annualized rate of 59.2%, from $870k in 2022 to $8.9M in 2017.

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

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

Market Competitiveness

Color
Malaysia
Top Destination
Singapore$53.8B
Cuba
Top Destination
China$426M

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

In 2022, countries that imported more from Malaysia than Cuba included Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

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

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

Comparative Advantage Malaysia - Cuba

Flow
Scale

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

During 2022, Malaysia had a large net trade with Cuba in the exports of Machines ($3.08M), Chemical Products ($1.4M), and Animal and Vegetable Bi-Products ($785k).

During 2017, Cuba had a large net trade with Malaysia in the exports of Mineral Products ($7.91M), Metals ($560k), and Plastics and Rubbers ($244k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malaysia Cuba+N/AN/A
Top Product Potential Cuba Malaysia+N/AN/A

N/A

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with