Venezuela (VEN) and Cuba (CUB) Trade | The Observatory of Economic Complexity

2022

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Exports $161MRnk N/A / N/A

2022

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Exports $4.38BRnk 1 / 0

2023

Economic Complexity (ECI) ECI -0.82Rnk 100 / 132

2023

Economic Complexity (ECI) ECI -0.42Rnk 82 / 132

About

Venezuela-Cuba Trade: In 2022, Venezuela exported $161M to Cuba. The main products that Venezuela exported to Cuba were N/A. Over the past 5 years the exports of Venezuela to Cuba have decreased at an annualized rate of 38.1%, from $1.77B in 2017 to $161M in 2022.

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

Cuba-Venezuela In N/A, Cuba did not export any products to Venezuela.

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

Comparison: In 2023, Venezuela ranked 100 in the Economic Complexity Index (ECI -0.82), and N/A in total exports (N/A). That same year, Cuba ranked 82 in the Economic Complexity Index (ECI -0.42), and N/A in total exports (N/A).

Historical Data

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Venezuela
Top DestinationN/AN/A

Cuba
Top DestinationN/AN/A

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

N/A

Difference in imports from Cuba () and Venezuela () (2023)

Economic Complexity

Competitive Landscape

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