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2022
Flag → Flag
Exports $37.2MRnk 148 / 219
2022
Flag → Flag
Top Product $19.8MWheat Flours
2022
Flag → Flag
Exports $12.6MRnk 14 / 123
2022
Flag → Flag
Top Product $4.77MWood Charcoal
2022
Flag
Economic Complexity (ECI) ECI 0.6Rnk 41 / 133
2022
Flag  
GDP$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 160 / 186
2022
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GDP PC $10,616CURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP PC GROWTH-9.24%CURRENT US$
Rnk 162 / 186

About

Turkey-Cuba Trade: In 2022, Turkey exported $37.2M to Cuba. The main products that Turkey exported to Cuba were Wheat Flours ($19.8M), Hot-Rolled Iron ($2.1M), and Barium Sulphate ($1.17M). Over the past 5 years the exports of Turkey to Cuba have increased at an annualized rate of 3.02%, from $32M in 2017 to $37.2M in 2022.

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

Cuba-Turkey Trade: In 2022, Cuba exported $12.6M to Turkey. The main products that Cuba exported to Turkey were Wood Charcoal ($4.77M), Rolled Tobacco ($4M), and Hard Liquor ($2.28M). Over the past 5 years the exports of Cuba to Turkey have increased at an annualized rate of 0.41%,  from $12.3M in 2017 to $12.6M in 2022.

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

Comparison In 2022,  Turkey ranked 41 in the Economic Complexity Index (ECI 0.6),  and 29 in total exports ($262B). 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, Turkey exported $37.2M to Cuba. The main products exported from Turkey to Cuba were Wheat Flours ($19.8M), Hot-Rolled Iron ($2.1M), and Barium Sulphate ($1.17M). During the last 5 years the exports of Turkey to Cuba have increased at an annualized rate of 3.02%, from $32M in 2017 to $37.2M in 2022.

In 2017, Cuba exported $12.6M to Turkey. The main products exported from Cuba to Turkey were Wood Charcoal ($4.77M), Rolled Tobacco ($4M), and Hard Liquor ($2.28M). During the last 5 years the exports of Cuba to Turkey have increased at an annualized rate of 0.41%, from $12.3M in 2022 to $12.6M in 2017.

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

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

Latest Data

Trade between Turkey (Flag) and Cuba (Flag)

Turkey Exports

Market Competitiveness

Color
Turkey
Top DestinationGermany$21.9B
Cuba
Top DestinationChina$426M

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

In 2022, countries that imported more from Turkey than Cuba included Germany ($21.9B), United States ($17.1B), and Iraq ($13.7B).

In 2022, countries that imported more from Cuba than Turkey included Macau ($28.9M).

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

Comparative Advantage Turkey - Cuba

Flow
Scale

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

During 2022, Turkey had a large net trade with Cuba in the exports of Vegetable Products ($20.1M), Metals ($6.73M), and Chemical Products ($3.06M).

During 2017, Cuba had a large net trade with Turkey in the exports of Foodstuffs ($6.31M), Wood Products ($4.77M), and Chemical Products ($951k).

Economic Complexity

Competitive Landscape

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

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

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