2022
Exports
$41.4kWorld Rnk 147 / 188
Flag Rnk 48 / 82
2022
PRODUCT COMPLEXITY IN Natural gums, resins & other vegetable extracts
-0.98Rnk 834 / 1025
2022
Imports
$840kWorld Rnk 138 / 212
Flag Rnk 77 / 95

About

Exports In 2022, Cuba exported $41.4k in Natural gums, resins & other vegetable extracts, making it the 147th largest exporter of Natural gums, resins & other vegetable extracts in the world. At the same year, Natural gums, resins & other vegetable extracts was the 48th most exported product in Cuba. The main destination of Natural gums, resins & other vegetable extracts exports from Cuba are: China ($35.8k), Japan ($4.96k), and Turkey ($630).

The fastest growing export markets for Natural gums, resins & other vegetable extracts of Cuba between 2021 and 2022 were Japan ($4.96k) and Turkey ($630).

Imports In 2022, Cuba imported $840k in Natural gums, resins & other vegetable extracts, becoming the 138th largest importer of Natural gums, resins & other vegetable extracts in the world. At the same year, Natural gums, resins & other vegetable extracts was the 77th most imported product in Cuba. Cuba imports Natural gums, resins & other vegetable extracts primarily from: Spain ($594k), Germany ($158k), Chile ($54.7k), Netherlands ($32.5k), and Austria ($666).

The fastest growing import markets in Natural gums, resins & other vegetable extracts for Cuba between 2021 and 2022 were Spain ($252k), Chile ($34.6k), and Netherlands ($32.5k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Natural gums, resins & other vegetable extracts. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$41.4k
IMPORTS (2022)$840k
NET TRADE (2022)-$799k

In 2022, Cuba exported $41.4k in Natural gums, resins & other vegetable extracts. The main destinations of Cuba exports on Natural gums, resins & other vegetable extracts were China ($35.8k), Japan ($4.96k), and Turkey ($630).

In 2022, Cuba imported $840k in Natural gums, resins & other vegetable extracts, mainly from Spain ($594k), Germany ($158k), Chile ($54.7k), Netherlands ($32.5k), and Austria ($666).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Natural gums, resins & other vegetable extracts EXPORT MARKETS FOR Cuba WERE (2021 - 2022):
Japan$4.96k (1%)
Turkey$630 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Natural gums, resins & other vegetable extracts BY Cuba WERE (2021 - 2022):
China-$25.3k (-41.4%)
Canada-$10 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Cuba's main exporting competitors in Natural gums, resins & other vegetable extracts were:
China $2.24B
India $1.18B
Spain $920M
In 2022, Cuba's main importing competitors in Natural gums, resins & other vegetable extracts were:

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Trade Value of Natural gums, resins & other vegetable extracts by Exporters

Potential Exports

Potential Exports

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N/A
N/AN/A
N/AN/A

Natural gums, resins & other vegetable extracts’s highest export potential is N/A. With an export gap of N/A.   Natural gums, resins & other vegetable extracts’s highest import potential is N/A with an import gap of N/A.

See methodology.

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