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2022
Flag → Flag
Exports $147MRnk 122 / 223
2022
Flag → Flag
Top Product $26.6MWheat
2022
Flag → Flag
Exports $58.5MRnk 3 / 123
2022
Flag → Flag
Top Product $37.3MRolled Tobacco
2022
Flag
Economic Complexity (ECI) ECI 1.78Rnk 5 / 133
2022
Flag  
GDP$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH15.5%CURRENT US$
Rnk 136 / 186
2022
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GDP PC $48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH10.4%CURRENT US$
Rnk 115 / 186

About

Germany-Cuba Trade: In 2022, Germany exported $147M to Cuba. The main products that Germany exported to Cuba were Wheat ($26.6M), Combustion Engines ($14.9M), and Cheese ($9.05M). Over the past 5 years the exports of Germany to Cuba have decreased at an annualized rate of 13.4%, from $302M in 2017 to $147M in 2022.

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

Cuba-Germany Trade: In 2022, Cuba exported $58.5M to Germany. The main products that Cuba exported to Germany were Rolled Tobacco ($37.3M), Honey ($10.3M), and Hard Liquor ($6.25M). Over the past 5 years the exports of Cuba to Germany have decreased at an annualized rate of 1.28%,  from $62.4M in 2017 to $58.5M in 2022.

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

Comparison In 2022,  Germany ranked 5 in the Economic Complexity Index (ECI 1.78),  and 3 in total exports ($1.6T). That same year, Cuba ranked 161 in total exports ($1.07B), and does not have data regarding Economic Complexity Index.

Latest Trends

June, 2024

About

Overview In June 2024, Germany exported €16.4M and imported €5M from Cuba, resulting in a positive trade balance of €11.4M. Between June 2023 and June 2024 the exports of Germany have increased by €4.78M (41.4%) from €11.6M to €16.4M, while imports decreased by €-124k (-2.42%) from €5.12M to €5M.

Trade In June 2024, the top exports of Germany to Cuba were Motor cars and motor caravans (€2.6M), Electronic devices (€1.32M), Beer (€804k), Cheese (€769k), and Engines (excl. for tractor,aircraft, road vehicle) (€690k). In June 2024 the top imports of Germany from Cuba were Unmanufactured tobacco and tobacco products (€4.89M), Spirits (€578k), Other food of animal origin (€281k), Returned goods (€141k), and Sugar beets, sugar and sugar products (€56k).

Origins In June 2024 the exports of Germany were mainly from Bavaria (€5.51M), Baden-Württemberg (€1.88M), Saxony-Anhalt (€1.73M), Mecklenburg-Vorpommern (€1.31M), and Thuringia (€1.14M), while imports destinations were mainly Baden-Württemberg (€2.82M), Hamburg (€855k), Hesse (€820k), North Rhine-Westphalia (€295k), and Bavaria (€81k).

Growth In June 2024, the increase in Germany's year-by-year exports to Cuba was explained primarily by an increase in product exports in Motor cars and motor caravans (€2.26M or 672%), Electronic devices (€1.31M or 16.4k%), and Beer (€688k or 593%). In June 2024, the decrease in Germany's year-by-year imports  from Cuba was explained primarily by an decrease in product imports  in Other food of animal origin (€-607k or -68.4%) and Coffee (€-36k or -46.2%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (June 2023 - June 2024)€4.78M(41.4%)
IMPORT GROWTH (June 2023 - June 2024)€-124k(-2.42%)
MAIN EXPORTER (June 2024)Bavaria€5.51M

This section shows exports and imports data at subnational level for Germany. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Germany over time.

To check Cuba and Germany trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Cuba and Germany Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Germany exported $147M to Cuba. The main products exported from Germany to Cuba were Wheat ($26.6M), Combustion Engines ($14.9M), and Cheese ($9.05M). During the last 5 years the exports of Germany to Cuba have decreased at an annualized rate of 13.4%, from $302M in 2017 to $147M in 2022.

In 2017, Cuba exported $58.5M to Germany. The main products exported from Cuba to Germany were Rolled Tobacco ($37.3M), Honey ($10.3M), and Hard Liquor ($6.25M). During the last 5 years the exports of Cuba to Germany have decreased at an annualized rate of 1.28%, from $62.4M in 2022 to $58.5M in 2017.

Exports from Germany (Flag) to Cuba (Flag) (2022)

Exports from Cuba (Flag) to Germany (Flag) (2022)

Market Competitiveness

Color
Germany
Top DestinationUnited States$153B
Cuba
Top DestinationChina$426M

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

In 2022, countries that imported more from Germany than Cuba included United States ($153B), France ($120B), and Netherlands ($109B).

In 2022, no countries were registered that imported more from Cuba than from Germany.

Difference in imports from Cuba (Flag) and Germany (Flag) (2022)

Comparative Advantage Germany - Cuba

Flow
Scale

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

During 2022, Germany had a large net trade with Cuba in the exports of Machines ($52.6M), Vegetable Products ($28M), and Transportation ($12.7M).

During 2017, Cuba had a large net trade with Germany in the exports of Foodstuffs ($45.8M), Animal Products ($10.7M), and Wood Products ($586k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Germany Cuba+N/AN/A
Top Product Potential Cuba Germany+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

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

Product Space of Germany (Flag) and Cuba (Flag) (2022)

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