Kuwait (KWT) and Cuba (CUB) Trade | The Observatory of Economic Complexity

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Kuwait-Cuba Trade: In 2021, Kuwait exported $331 to Cuba. The main products that Kuwait exported to Cuba were N/A. Over the past 6 years the exports of Kuwait to Cuba have decreased at an annualized rate of 32.9%, from $3.63k in 2015 to $331 in 2021.

In 2021, Kuwait did not export any services to Cuba.

Cuba-Kuwait Trade: In 2021, Cuba exported $627k to Kuwait. The main products that Cuba exported to Kuwait were Rolled Tobacco ($569k), Special Pharmaceuticals ($52.5k), and Cocoa Beans ($5.4k). Over the past 6 years the exports of Cuba to Kuwait have increased at an annualized rate of 4.38%, from $224k in 2015 to $627k in 2021.

In 2021, Cuba did not export any services to Kuwait.

Comparison In 2022, Kuwait ranked 46 in the Economic Complexity Index (ECI 0.44), and 42 in total exports ($101B). That same year, Cuba ranked 161 in total exports ($1.07B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Kuwait exported $331 to Cuba. There were not main exports from Kuwait to Cuba in 2021. During the last 6 years the exports of Kuwait to Cuba have decreased at an annualized rate of 32.9%, from $3.63k in 2015 to $331 in 2021.

In 2017, Cuba exported $627k to Kuwait. The main products exported from Cuba to Kuwait were Rolled Tobacco ($569k), Special Pharmaceuticals ($52.5k), and Cocoa Beans ($5.4k). During the last 5 years the exports of Cuba to Kuwait have increased at an annualized rate of 4.38%, from $224k in 2022 to $627k in 2017.

Exports from Kuwait () to Cuba () (2022)

Exports from Cuba () to Kuwait () (2022)

Latest Data

Trade between Kuwait () and Cuba ()

Kuwait Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kuwait
Top DestinationChina$24.3B

Cuba
Top DestinationChina$426M

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

In 2022, countries that imported more from Kuwait than Cuba included China ($24.3B), India ($15B), and South Korea ($10.8B).

In 2022, countries that imported more from Cuba than Kuwait included Macau ($28.9M), Cyprus ($31.2M), and Switzerland ($41.4M).

Difference in imports from Cuba () and Kuwait () (2022)

Comparative Advantage Kuwait - Cuba

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Kuwait had a large net trade with Cuba in the exports of .

During 2017, Cuba had a large net trade with Kuwait in the exports of Foodstuffs ($575k) and Chemical Products ($52.5k).

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 Kuwait and Cuba. This means that a dot/product with the flag of Kuwait indicates it has a comparative advantage over Cuba. Similarly, a dot/product with the flag of Cuba indicates it has a comparative advantage over Kuwait.

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Historical Data

Bilateral Trade by Products

Exports from Kuwait () to Cuba () (2022)

Exports from Cuba () to Kuwait () (2022)

Latest Data

Trade between Kuwait () and Cuba ()

Kuwait Exports

Market Competitiveness

Difference in imports from Cuba () and Kuwait () (2022)

Comparative Advantage Kuwait - Cuba

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Kuwait () and Cuba () (2022)

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