Cuba (CUB) and Sri Lanka (LKA) Trade | The Observatory of Economic Complexity

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Cuba-Sri Lanka Trade: In 2022, Cuba exported $11.1k to Sri Lanka. The main products that Cuba exported to Sri Lanka were Hard Liquor ($8.47k), Hose Piping Textiles ($2.56k), and Brochures ($110). Over the past 6 years the exports of Cuba to Sri Lanka have decreased at an annualized rate of 17.9%, from $36.2k in 2016 to $11.1k in 2022.

In 2022, Cuba did not export any services to Sri Lanka.

Sri Lanka-Cuba Trade: In 2022, Sri Lanka exported $168k to Cuba. The main products that Sri Lanka exported to Cuba were Used Rubber Tires ($149k) and Rubber Tires ($19.2k). Over the past 6 years the exports of Sri Lanka to Cuba have increased at an annualized rate of 7.9%, from $115k in 2016 to $168k in 2022.

In 2022, Sri Lanka did not export any services to Cuba.

Comparison In 2022, Cuba ranked 161 in total exports ($1.07B), and does not have data regarding Economic Complexity Index. That same year, Sri Lanka ranked 82 in the Economic Complexity Index (ECI -0.35), and 89 in total exports ($14.8B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Cuba exported $11.1k to Sri Lanka. The main products exported from Cuba to Sri Lanka were Hard Liquor ($8.47k), Hose Piping Textiles ($2.56k), and Brochures ($110). During the last 6 years the exports of Cuba to Sri Lanka have decreased at an annualized rate of 17.9%, from $36.2k in 2016 to $11.1k in 2022.

In 2017, Sri Lanka exported $168k to Cuba. The main products exported from Sri Lanka to Cuba were Used Rubber Tires ($149k) and Rubber Tires ($19.2k). During the last 5 years the exports of Sri Lanka to Cuba have increased at an annualized rate of 7.9%, from $115k in 2022 to $168k in 2017.

Exports from Cuba () to Sri Lanka () (2022)

Exports from Sri Lanka () to Cuba () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cuba
Top DestinationChina$426M

Sri Lanka
Top DestinationUnited States$3.52B

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

In 2022, countries that imported more from Cuba than Sri Lanka included China ($426M), Cyprus ($31.2M), and Macau ($28.9M).

In 2022, countries that imported more from Sri Lanka than Cuba included United States ($3.52B), India ($1.12B), and United Kingdom ($1.04B).

Difference in imports from Sri Lanka () and Cuba () (2022)

Comparative Advantage Cuba - Sri Lanka

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Cuba had a large net trade with Sri Lanka in the exports of Foodstuffs ($8.47k), Textiles ($2.56k), and Paper Goods ($110).

During 2017, Sri Lanka had a large net trade with Cuba in the exports of Plastics and Rubbers ($168k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Cuba () to Sri Lanka () (2022)

Exports from Sri Lanka () to Cuba () (2022)

Market Competitiveness

Difference in imports from Sri Lanka () and Cuba () (2022)

Comparative Advantage Cuba - Sri Lanka

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Cuba () and Sri Lanka () (2022)

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