2022
Flag  
GDP
$467BCURRENT US$
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2012-2022
Flag
GDP GROWTH
58.2%CURRENT US$
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2022
Flag
GDP PC 
$82,808CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
49.1%CURRENT US$
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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 41.6%,  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

Bilateral Trade by Products

Depth
Value

In 2022, Singapore exported $642k to Cuba. The main products exported from Singapore to Cuba were Rubber Apparel ($341k), Uncoated Paper ($78.8k), and Low-voltage Protection Equipment ($74.3k). During the last 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 2017, Cuba exported $7.58M to Singapore. The main products exported from Cuba to Singapore were Rolled Tobacco ($4.35M), Scrap Iron ($1.36M), and Vaccines, blood, antisera, toxins and cultures ($1.17M). During the last 5 years the exports of Cuba to Singapore have decreased at an annualized rate of 41.6%, from $112M in 2022 to $7.58M in 2017.

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

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

Latest Data

Trade between Singapore (Flag) and Cuba (Flag)

Singapore Exports

Market Competitiveness

Color
Singapore
Top Destination
Hong Kong$51.6B
Cuba
Top Destination
China$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 (Flag) and Singapore (Flag) (2022)

Comparative Advantage Singapore - Cuba

Flow
Scale

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

During 2022, Singapore had a large net trade with Cuba in the exports of Plastics and Rubbers ($342k), Machines ($199k), and Paper Goods ($78.8k).

During 2017, Cuba had a large net trade with Singapore in the exports of Foodstuffs ($5.03M), Metals ($1.36M), and Chemical Products ($1.17M).

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.

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

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