Singapore (SGP) and Cuba (CUB) Trade | The Observatory of Economic Complexity

2022

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Exports $642kRnk 194 / 215

2022

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About

Singapore-Cuba Trade: In 2022, Singapore exported $642k to Cuba. The main products that Singapore exported to Cuba were Rubber Apparel ($341k), Uncoated Paper ($78.8k), and Low-voltage Protection Equipment ($74.3k). Over the past 5 years the exports of Singapore to Cuba have decreased at an annualized rate of 30.7%, from $4.02M in 2017 to $642k in 2022.

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

Cuba-Singapore Trade: In 2022, Cuba exported $7.58M to Singapore. The main products that Cuba exported to Singapore were Rolled Tobacco ($4.35M), Scrap Iron ($1.36M), and Vaccines, blood, antisera, toxins and cultures ($1.17M). Over the past 5 years the exports of Cuba to Singapore have decreased at an annualized rate of 21.7%, from $112M in 2017 to $7.58M in 2022.

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

Comparison In 2022, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B). That same year, Cuba ranked 161 in total exports ($1.07B), and does not have data regarding Economic Complexity Index.

Historical Data

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Singapore
Top DestinationHong Kong$51.6B

Cuba
Top DestinationChina$426M

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

In 2022, countries that imported more from Singapore than Cuba included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

In 2022, countries that imported more from Cuba than Singapore included Andorra ($4.23M).

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

Economic Complexity

Competitive Landscape

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