2023
Flag  
GDP
$77.2BCURRENT US$
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2013-2023
Flag
GDP GROWTH
25.9%CURRENT US$
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2023
Flag
GDP PC 
$22,798CURRENT US$
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2013-2023
Flag
GDP PC GROWTH
24.3%CURRENT US$
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About

Uruguay-Cuba Trade: In 2023, Uruguay exported $25.4M to Cuba. The main products that Uruguay exported to Cuba were Rice ($19.7M), Concentrated Milk ($2.73M), and Other Edible Preparations ($897k). Over the past 5 years the exports of Uruguay to Cuba have decreased at an annualized rate of 14%, from $53.9M in 2018 to $25.4M in 2023.

In 2023, Uruguay did not export any services to Cuba.

Cuba-Uruguay Trade: In 2023, Cuba exported $388k to Uruguay. The main products that Cuba exported to Uruguay were Hard Liquor ($286k), Raw Tobacco ($66.1k), and Rolled Tobacco ($18k). Over the past 5 years the exports of Cuba to Uruguay have increased at an annualized rate of 0.066%,  from $386k in 2018 to $388k in 2023.

In 2023, Cuba did not export any services to Uruguay.

Comparison: In 2023,  Uruguay ranked 52 in the Economic Complexity Index (ECI 0.22), and 100 in total exports ($11B). That same year, Cuba ranked 82 in the Economic Complexity Index (ECI -0.42), and 159 in total exports ($1.05B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Uruguay exported $25.4M to Cuba. The main products exported from Uruguay to Cuba were Rice ($19.7M), Concentrated Milk ($2.73M), and Other Edible Preparations ($897k). During the last 5 years the exports of Uruguay to Cuba have decreased at an annualized rate of 14%, from $53.9M in 2018 to $25.4M in 2023.

In 2018, Cuba exported $388k to Uruguay. The main products exported from Cuba to Uruguay were Hard Liquor ($286k), Raw Tobacco ($66.1k), and Rolled Tobacco ($18k). During the last 5 years the exports of Cuba to Uruguay have increased at an annualized rate of 0.066%, from $386k in 2023 to $388k in 2018.

Exports from Uruguay (Flag) to Cuba (Flag) (2023)

Exports from Cuba (Flag) to Uruguay (Flag) (2023)

Latest Data

Trade between Uruguay (Flag) and Cuba (Flag)

Uruguay Exports

Market Competitiveness

Color
Uruguay
Top Destination
China$2.34B
Cuba
Top Destination
China$358M

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

In 2023, countries that imported more from Uruguay than Cuba included China ($2.34B), Brazil ($1.92B), and United States ($880M).

In 2023, countries that imported more from Cuba than Uruguay included Cyprus ($42.5M), Macau ($29.2M), and Greece ($14.1M).

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

Comparative Advantage Uruguay - Cuba

Flow
Scale

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

During 2023, Uruguay had a large net trade with Cuba in the exports of Vegetable Products ($20.5M), Animal Products ($3.11M), and Foodstuffs ($1.3M).

During 2018, Cuba had a large net trade with Uruguay in the exports of Foodstuffs ($370k), Paper Goods ($13.4k), and Arts and Antiques ($3.7k).

Economic Complexity

Competitive Landscape

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

Product Space of Uruguay (Flag) and Cuba (Flag) (2023)

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