Romania (ROU) and Cuba (CUB) Trade | The Observatory of Economic Complexity

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Romania-Cuba Trade: In 2022, Romania exported $1.68k to Cuba. The main products that Romania exported to Cuba were Broadcasting Equipment ($998) and Wine ($680). Over the past 5 years the exports of Romania to Cuba have decreased at an annualized rate of 75.9%, from $2.08M in 2017 to $1.68k in 2022.

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

Cuba-Romania Trade: In 2022, Cuba exported $1.19k to Romania. The main products that Cuba exported to Romania were Other Printed Material ($1.19k). Over the past 5 years the exports of Cuba to Romania have decreased at an annualized rate of 85%, from $15.5M in 2017 to $1.19k in 2022.

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

Comparison In 2022, Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Romania exported $1.68k to Cuba. The main products exported from Romania to Cuba were Broadcasting Equipment ($998) and Wine ($680). During the last 5 years the exports of Romania to Cuba have decreased at an annualized rate of 75.9%, from $2.08M in 2017 to $1.68k in 2022.

In 2017, Cuba exported $1.19k to Romania. The main products exported from Cuba to Romania were Other Printed Material ($1.19k). During the last 5 years the exports of Cuba to Romania have decreased at an annualized rate of 85%, from $15.5M in 2022 to $1.19k in 2017.

Exports from Romania () to Cuba () (2022)

Exports from Cuba () to Romania () (2022)

Latest Data

Trade between Romania () and Cuba ()

Romania Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Romania
Top DestinationGermany$18.8B

Cuba
Top DestinationChina$426M

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

In 2022, countries that imported more from Romania than Cuba included Germany ($18.8B), Italy ($9.55B), and Hungary ($6.75B).

In 2022, countries that imported more from Cuba than Romania included Macau ($28.9M), Andorra ($4.23M), and Jamaica ($734k).

Difference in imports from Cuba () and Romania () (2022)

Comparative Advantage Romania - Cuba

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Romania had a large net trade with Cuba in the exports of Machines ($998) and Foodstuffs ($680).

During 2017, Cuba had a large net trade with Romania in the exports of Paper Goods ($1.19k).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Romania () to Cuba () (2022)

Exports from Cuba () to Romania () (2022)

Latest Data

Trade between Romania () and Cuba ()

Romania Exports

Market Competitiveness

Difference in imports from Cuba () and Romania () (2022)

Comparative Advantage Romania - Cuba

Economic Complexity

Competitive Landscape

Product Space of Romania () and Cuba () (2022)

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