2022
Flag  
GDP
$247BCURRENT US$
Rnk 50 / 186
2012-2022
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GDP GROWTH
40.3%CURRENT US$
Rnk 82 / 186
2022
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GDP PC 
$48,249CURRENT US$
Rnk 22 / 186
2012-2022
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GDP PC GROWTH
20.7%CURRENT US$
Rnk 86 / 186

About

New Zealand-Cuba Trade: In 2022, New Zealand exported $37.4M to Cuba. The main products that New Zealand exported to Cuba were Concentrated Milk ($37.4M). Over the past 5 years the exports of New Zealand to Cuba have increased at an annualized rate of 0.41%, from $36.7M in 2017 to $37.4M in 2022.

In 2022, New Zealand did not export any services to Cuba.

Cuba-New Zealand Trade: In 2022, Cuba exported $1.49M to New Zealand. The main products that Cuba exported to New Zealand were Coffee ($957k), Rolled Tobacco ($358k), and Hard Liquor ($167k). Over the past 5 years the exports of Cuba to New Zealand have increased at an annualized rate of 18.1%,  from $647k in 2017 to $1.49M in 2022.

In 2022, Cuba did not export any services to New Zealand.

Comparison In 2022,  New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46),  and 64 in total exports ($46.5B). 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, New Zealand exported $37.4M to Cuba. The main products exported from New Zealand to Cuba were Concentrated Milk ($37.4M). During the last 5 years the exports of New Zealand to Cuba have increased at an annualized rate of 0.41%, from $36.7M in 2017 to $37.4M in 2022.

In 2017, Cuba exported $1.49M to New Zealand. The main products exported from Cuba to New Zealand were Coffee ($957k), Rolled Tobacco ($358k), and Hard Liquor ($167k). During the last 5 years the exports of Cuba to New Zealand have increased at an annualized rate of 18.1%, from $647k in 2022 to $1.49M in 2017.

Exports from New Zealand (Flag) to Cuba (Flag) (2022)

Exports from Cuba (Flag) to New Zealand (Flag) (2022)

Latest Data

Trade between New Zealand (Flag) and Cuba (Flag)

New Zealand Exports

Market Competitiveness

Color
New Zealand
Top Destination
China$13.1B
Cuba
Top Destination
China$426M

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

In 2022, countries that imported more from New Zealand than Cuba included China ($13.1B), Australia ($5.35B), and United States ($5.07B).

In 2022, countries that imported more from Cuba than New Zealand included Cyprus ($31.2M), Portugal ($43.3M), and Slovenia ($10.8M).

Difference in imports from Cuba (Flag) and New Zealand (Flag) (2022)

Comparative Advantage New Zealand - Cuba

Flow
Scale

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

During 2022, New Zealand had a large net trade with Cuba in the exports of Animal Products ($37.4M).

During 2017, Cuba had a large net trade with New Zealand in the exports of Vegetable Products ($957k), Foodstuffs ($525k), and Machines ($3.87k).

Economic Complexity

Competitive Landscape

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

Product Space of New Zealand (Flag) and Cuba (Flag) (2022)

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