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2023
Flag → Flag
Exports $12.5MRnk 78 / 177
2023
Flag → Flag
Top Product $1.58MRefined Petroleum
2023
Flag → Flag
Exports $992kRnk 52 / 121
2023
Flag → Flag
Top Product $934kHard Liquor
2023
Flag
Economic Complexity (ECI) ECI -0.61Rnk 90 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.42Rnk 82 / 132
2023
Flag  
GDP$268BCURRENT US$
Rnk 49 / 195
2013-2023
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GDP GROWTH33%CURRENT US$
Rnk 108 / 195
2023
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GDP PC $7,907CURRENT US$
Rnk 97 / 195
2013-2023
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GDP PC GROWTH17.2%CURRENT US$
Rnk 111 / 195

About

Peru-Cuba Trade: In 2023, Peru exported $12.5M to Cuba. The main products that Peru exported to Cuba were Refined Petroleum ($1.58M), Stone Processing Machines ($1.09M), and Baked Goods ($1.07M). Over the past 5 years the exports of Peru to Cuba have decreased at an annualized rate of 4.79%, from $15.9M in 2018 to $12.5M in 2023.

In 2023, Peru did not export any services to Cuba.

Cuba-Peru Trade: In 2023, Cuba exported $992k to Peru. The main products that Cuba exported to Peru were Hard Liquor ($934k), Rolled Tobacco ($36.4k), and Other Ores ($14.4k). Over the past 5 years the exports of Cuba to Peru have decreased at an annualized rate of 10.4%,  from $1.72M in 2018 to $992k in 2023.

In 2023, Cuba did not export any services to Peru.

Comparison: In 2023,  Peru ranked 90 in the Economic Complexity Index (ECI -0.61), and 51 in total exports ($66.6B). 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 2023, Peru exported $12.5M to Cuba. The main products exported from Peru to Cuba were Refined Petroleum ($1.58M), Stone Processing Machines ($1.09M), and Baked Goods ($1.07M). During the last 5 years the exports of Peru to Cuba have decreased at an annualized rate of 4.79%, from $15.9M in 2018 to $12.5M in 2023.

In 2018, Cuba exported $992k to Peru. The main products exported from Cuba to Peru were Hard Liquor ($934k), Rolled Tobacco ($36.4k), and Other Ores ($14.4k). During the last 5 years the exports of Cuba to Peru have decreased at an annualized rate of 10.4%, from $1.72M in 2023 to $992k in 2018.

Exports from Peru (Flag) to Cuba (Flag) (2023)

Exports from Cuba (Flag) to Peru (Flag) (2023)

Latest Data

Trade between Peru (Flag) and Cuba (Flag)

Peru Exports

Market Competitiveness

Color
Peru
Top DestinationChina$22.5B
Cuba
Top DestinationChina$358M

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 2023, countries that imported more from Peru than Cuba included China ($22.5B), United States ($9.3B), and Canada ($3.24B).

In 2023, countries that imported more from Cuba than Peru included Cyprus ($42.5M), Macau ($29.2M), and Andorra ($3.77M).

Difference in imports from Cuba (Flag) and Peru (Flag) (2023)

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 2023, Peru had a large net trade with Cuba in the exports of Textiles ($2.91M), Machines ($1.59M), and Mineral Products ($1.58M).

During 2018, Cuba had a large net trade with Peru in the exports of Foodstuffs ($974k), Mineral Products ($14.4k), and Instruments ($3.46k).

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) (2023)

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