2022
Exports
$15.7MWorld Rnk 102 / 223
Flag Rnk 11 / 82
2022
PRODUCT COMPLEXITY IN Pharmaceutical products
1.38Rnk 75 / 1025
2022
Imports
$69.7MWorld Rnk 152 / 226
Flag Rnk 11 / 95

About

Exports In 2022, Cuba exported $15.7M in Pharmaceutical products, making it the 102nd largest exporter of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 11th most exported product in Cuba. The main destination of Pharmaceutical products exports from Cuba are: India ($2.89M), Dominican Republic ($1.69M), Panama ($1.51M), Argentina ($1.4M), and Singapore ($1.17M).

The fastest growing export markets for Pharmaceutical products of Cuba between 2021 and 2022 were India ($2.74M), Singapore ($1.17M), and Dominican Republic ($1.13M).

Imports In 2022, Cuba imported $69.7M in Pharmaceutical products, becoming the 152nd largest importer of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 11th most imported product in Cuba. Cuba imports Pharmaceutical products primarily from: Costa Rica ($21.7M), China ($10.9M), Canada ($7.27M), India ($6.45M), and Spain ($5.76M).

The fastest growing import markets in Pharmaceutical products for Cuba between 2021 and 2022 were Spain ($2.98M), Costa Rica ($1.9M), and Mexico ($989k).

Historical Data

Trade Balance

Color
EXPORTS (2022)$15.7M
IMPORTS (2022)$69.7M
NET TRADE (2022)-$54M

In 2022, Cuba exported $15.7M in Pharmaceutical products. The main destinations of Cuba exports on Pharmaceutical products were India ($2.89M), Dominican Republic ($1.69M), Panama ($1.51M), Argentina ($1.4M), and Singapore ($1.17M).

In 2022, Cuba imported $69.7M in Pharmaceutical products, mainly from Costa Rica ($21.7M), China ($10.9M), Canada ($7.27M), India ($6.45M), and Spain ($5.76M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pharmaceutical products EXPORT MARKETS FOR Cuba WERE (2021 - 2022):
India$2.74M (1.84k%)
Singapore$1.17M (1%)
Dominican Republic$1.13M (201%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pharmaceutical products BY Cuba WERE (2021 - 2022):
Nicaragua-$8.56M (-99.6%)
China-$2.12M (-99.9%)
Togo-$2.01M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Cuba's main exporting competitors in Pharmaceutical products were:
In 2022, Cuba's main importing competitors in Pharmaceutical products were:

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Trade Value of Pharmaceutical products by Exporters

Potential Exports

Potential Exports

Flow
View
N/A
N/AN/A
N/AN/A

Pharmaceutical products’s highest export potential is N/A. With an export gap of N/A.   Pharmaceutical products’s highest import potential is N/A with an import gap of N/A.

See methodology.

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