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2022
Flag → Flag
Exports $5.69MRnk 85 / 180
2022
Flag → Flag
Top Product $1.31MStone Processing Machines
2022
Flag → Flag
Exports $1.77MRnk 44 / 123
2022
Flag → Flag
Top Product $1.59MHard Liquor
2022
Flag
Economic Complexity (ECI) ECI -0.6Rnk 93 / 133
2022
Flag  
GDP$243BCURRENT US$
Rnk 51 / 186
2012-2022
Flag
GDP GROWTH25.9%CURRENT US$
Rnk 106 / 186
2022
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GDP PC $7,126CURRENT US$
Rnk 89 / 186
2012-2022
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GDP PC GROWTH10%CURRENT US$
Rnk 116 / 186

About

Peru-Cuba Trade: In 2022, Peru exported $5.69M to Cuba. The main products that Peru exported to Cuba were Stone Processing Machines ($1.31M), Raw Plastic Sheeting ($439k), and Liquid Pumps ($379k). Over the past 5 years the exports of Peru to Cuba have decreased at an annualized rate of 14.2%, from $12.2M in 2017 to $5.69M in 2022.

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

Cuba-Peru Trade: In 2022, Cuba exported $1.77M to Peru. The main products that Cuba exported to Peru were Hard Liquor ($1.59M), Other Plastic Products ($114k), and Rolled Tobacco ($53.8k). Over the past 5 years the exports of Cuba to Peru have decreased at an annualized rate of 34%,  from $32.5M in 2017 to $1.77M in 2022.

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

Comparison In 2022,  Peru ranked 93 in the Economic Complexity Index (ECI -0.6),  and 54 in total exports ($59.4B). 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, Peru exported $5.69M to Cuba. The main products exported from Peru to Cuba were Stone Processing Machines ($1.31M), Raw Plastic Sheeting ($439k), and Liquid Pumps ($379k). During the last 5 years the exports of Peru to Cuba have decreased at an annualized rate of 14.2%, from $12.2M in 2017 to $5.69M in 2022.

In 2017, Cuba exported $1.77M to Peru. The main products exported from Cuba to Peru were Hard Liquor ($1.59M), Other Plastic Products ($114k), and Rolled Tobacco ($53.8k). During the last 5 years the exports of Cuba to Peru have decreased at an annualized rate of 34%, from $32.5M in 2022 to $1.77M in 2017.

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

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

Latest Data

Trade between Peru (Flag) and Cuba (Flag)

Peru Exports

Market Competitiveness

Color
Peru
Top DestinationChina$17.6B
Cuba
Top DestinationChina$426M

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

In 2022, countries that imported more from Peru than Cuba included China ($17.6B), United States ($8.69B), and Japan ($2.83B).

In 2022, countries that imported more from Cuba than Peru included Cyprus ($31.2M), Macau ($28.9M), and Portugal ($43.3M).

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

Comparative Advantage Peru - Cuba

Flow
Scale

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

During 2022, Peru had a large net trade with Cuba in the exports of Machines ($1.9M), Textiles ($1.16M), and Plastics and Rubbers ($667k).

During 2017, Cuba had a large net trade with Peru in the exports of Foodstuffs ($1.65M), Plastics and Rubbers ($114k), and Chemical Products ($6.24k).

Economic Complexity

Competitive Landscape

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

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

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