2022
Flag  
GDP
$404BCURRENT US$
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2012-2022
Flag
GDP GROWTH
54.4%CURRENT US$
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2022
Flag
GDP PC 
$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH
30.9%CURRENT US$
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About

Philippines-Cuba Trade: In 2022, Philippines exported $3.42M to Cuba. The main products that Philippines exported to Cuba were Raw Tobacco ($3.42M) and Non-Knit Women's Suits ($57). Over the past 5 years the exports of Philippines to Cuba have decreased at an annualized rate of 3.43%, from $4.07M in 2017 to $3.42M in 2022.

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

Cuba-Philippines Trade: In 2022, Cuba exported $5.29M to Philippines. The main products that Cuba exported to Philippines were Raw Tobacco ($4.33M), Other Aluminium Products ($930k), and Packaged Medicaments ($31k). Over the past 5 years the exports of Cuba to Philippines have decreased at an annualized rate of 2.7%,  from $6.07M in 2017 to $5.29M in 2022.

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

Comparison In 2022,  Philippines ranked 37 in the Economic Complexity Index (ECI 0.71),  and 40 in total exports ($110B). 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, Philippines exported $3.42M to Cuba. The main products exported from Philippines to Cuba were Raw Tobacco ($3.42M) and Non-Knit Women's Suits ($57). During the last 5 years the exports of Philippines to Cuba have decreased at an annualized rate of 3.43%, from $4.07M in 2017 to $3.42M in 2022.

In 2017, Cuba exported $5.29M to Philippines. The main products exported from Cuba to Philippines were Raw Tobacco ($4.33M), Other Aluminium Products ($930k), and Packaged Medicaments ($31k). During the last 5 years the exports of Cuba to Philippines have decreased at an annualized rate of 2.7%, from $6.07M in 2022 to $5.29M in 2017.

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

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

Market Competitiveness

Color
Philippines
Top Destination
United States$15.5B
Cuba
Top Destination
China$426M

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

In 2022, countries that imported more from Philippines than Cuba included United States ($15.5B), China ($15.3B), and Hong Kong ($12.6B).

In 2022, countries that imported more from Cuba than Philippines included Cyprus ($31.2M), Macau ($28.9M), and Andorra ($4.23M).

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

Comparative Advantage Philippines - Cuba

Flow
Scale

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

During 2022, Philippines had a large net trade with Cuba in the exports of Foodstuffs ($3.42M) and Textiles ($57).

During 2017, Cuba had a large net trade with Philippines in the exports of Foodstuffs ($4.33M), Metals ($930k), and Chemical Products ($31k).

Economic Complexity

Competitive Landscape

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

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

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