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2022
Flag → Flag
Exports $92.5MRnk 21 / 0
2022
Flag → Flag
Exports $2.39MRnk 18 / 0
2023
Flag
Economic Complexity (ECI) ECI 0.3Rnk 50 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.42Rnk 82 / 132
2023
Flag  
GDP$2.02TCURRENT US$
Rnk 11 / 195
2013-2023
Flag
GDP GROWTH-11.8%CURRENT US$
Rnk 183 / 195
2023
Flag
GDP PC $13,817CURRENT US$
Rnk 74 / 195
2013-2023
Flag
GDP PC GROWTH-13.3%CURRENT US$
Rnk 170 / 195

About

Russia-Cuba Trade: In 2022, Russia exported $92.5M to Cuba. The main products that Russia exported to Cuba were N/A. Over the past 5 years the exports of Russia to Cuba have decreased at an annualized rate of 26.3%, from $426M in 2017 to $92.5M in 2022.

In 2018, Russia exported services to Cuba worth $10M, with Other business services ($6.9M), Insurance services ($2.4M), and Transportation ($400k) being the largest in terms of value.

Cuba-Russia Trade: In 2022, Cuba exported $2.39M to Russia. The main products that Cuba exported to Russia were N/A. Over the past 5 years the exports of Cuba to Russia have decreased at an annualized rate of 38.9%,  from $28.1M in 2017 to $2.39M in 2022.

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

Comparison: In 2023,  Russia ranked 50 in the Economic Complexity Index (ECI 0.3), and 18 in total exports ($394B). That same year, Cuba ranked 82 in the Economic Complexity Index (ECI -0.42), and 159 in total exports ($1.05B).

Latest Trends

December, 2021

About

Overview In December 2021, Russia exported $616k and imported $1.15M from Cuba, resulting in a negative trade balance of $537k. Between December 2020 and December 2021 the exports of Russia have increased by $527k (586%) from $89.9k to $616k, while imports decreased by $-299k (-20.6%) from $1.45M to $1.15M.

Trade In December 2021, the top exports of Russia to Cuba were . In December 2021 the top imports of Russia from Cuba were .

Origins In December 2021 the exports of Russia were mainly from N/A, while imports destinations were mainly N/A.

Growth In December 2021, the increase in Russia's year-by-year exports to Cuba was explained primarily by an increase in product exports in . In September 2020, the decrease in Russia's year-by-year imports  from Cuba was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2020 - December 2021)$527k(586%)
IMPORT GROWTH (September 2019 - September 2020)$-299k(-20.6%)

This section shows exports and imports data at subnational level for Russia. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Russia over time.

To check Cuba and Russia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Cuba and Russia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Russia exported $92.5M to Cuba. There were not main exports from Russia to Cuba in 2022. During the last 5 years the exports of Russia to Cuba have decreased at an annualized rate of 26.3%, from $426M in 2017 to $92.5M in 2022.

In 2017, Cuba exported $2.39M to Russia. There were not main exports from Cuba to Russia in 2017. During the last 5 years the exports of Cuba to Russia have decreased at an annualized rate of 38.9%, from $28.1M in 2022 to $2.39M in 2017.

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

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

Market Competitiveness

Color
Russia
Top DestinationChina$129B
Cuba
Top DestinationChina$358M

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

In 2023, countries that imported more from Russia than Cuba included China ($129B), India ($66.1B), and Turkey ($31B).

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

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

Comparative Advantage Russia - Cuba

Flow
Scale

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

During 2022, Russia had a large net trade with Cuba in the exports of .

During 2017, Cuba had a large net trade with Russia in the exports of .

Economic Complexity

Competitive Landscape

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

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

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