Uruguay (URY) and Cuba (CUB) Trade | The Observatory of Economic Complexity

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Uruguay-Cuba Trade: In 2022, Uruguay exported $56.8M to Cuba. The main products that Uruguay exported to Cuba were Concentrated Milk ($28.2M), Rice ($26.6M), and Packing Bags ($580k). Over the past 5 years the exports of Uruguay to Cuba have decreased at an annualized rate of 8.28%, from $87.5M in 2017 to $56.8M in 2022.

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

Cuba-Uruguay Trade: In 2022, Cuba exported $295k to Uruguay. The main products that Cuba exported to Uruguay were Hard Liquor ($177k), Packaged Medicaments ($40.5k), and Vaccines, blood, antisera, toxins and cultures ($35.3k). Over the past 5 years the exports of Cuba to Uruguay have decreased at an annualized rate of 1.88%, from $424k in 2017 to $295k in 2022.

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

Comparison In 2022, Uruguay ranked 57 in the Economic Complexity Index (ECI 0.15), and 98 in total exports ($12B). 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 2022, Uruguay exported $56.8M to Cuba. The main products exported from Uruguay to Cuba were Concentrated Milk ($28.2M), Rice ($26.6M), and Packing Bags ($580k). During the last 5 years the exports of Uruguay to Cuba have decreased at an annualized rate of 8.28%, from $87.5M in 2017 to $56.8M in 2022.

In 2017, Cuba exported $295k to Uruguay. The main products exported from Cuba to Uruguay were Hard Liquor ($177k), Packaged Medicaments ($40.5k), and Vaccines, blood, antisera, toxins and cultures ($35.3k). During the last 5 years the exports of Cuba to Uruguay have decreased at an annualized rate of 1.88%, from $424k in 2022 to $295k in 2017.

Exports from Uruguay () to Cuba () (2022)

Exports from Cuba () to Uruguay () (2022)

Latest Data

Trade between Uruguay () and Cuba ()

Uruguay Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Uruguay
Top DestinationChina$2.89B

Cuba
Top DestinationChina$426M

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

In 2022, countries that imported more from Uruguay than Cuba included China ($2.89B), Brazil ($1.69B), and Argentina ($999M).

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

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

Comparative Advantage Uruguay - Cuba

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Uruguay had a large net trade with Cuba in the exports of Animal Products ($28.5M), Vegetable Products ($26.8M), and Foodstuffs ($681k).

During 2017, Cuba had a large net trade with Uruguay in the exports of Foodstuffs ($198k), Chemical Products ($75.8k), and Paper Goods ($21.1k).

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

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Historical Data

Bilateral Trade by Products

Exports from Uruguay () to Cuba () (2022)

Exports from Cuba () to Uruguay () (2022)

Latest Data

Trade between Uruguay () and Cuba ()

Uruguay Exports

Market Competitiveness

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

Comparative Advantage Uruguay - Cuba

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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