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Pricing

2022
Flag → Flag
Exports $204MRnk 65 / 215
2022
Flag → Flag
Top Product $38.7MDried Legumes
2022
Flag → Flag
Exports $17.7MRnk 11 / 123
2022
Flag → Flag
Top Product $6.41MLive Fish
2022
Flag
Economic Complexity (ECI) ECI 0.92Rnk 31 / 133
2022
Flag  
GDP$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH17%CURRENT US$
Rnk 129 / 186
2022
Flag
GDP PC $54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH4.36%CURRENT US$
Rnk 130 / 186

About

Canada-Cuba Trade: In 2022, Canada exported $204M to Cuba. The main products that Canada exported to Cuba were Dried Legumes ($38.7M), Sulphur ($22.7M), and Nickel Mattes ($12.2M). Over the past 5 years the exports of Canada to Cuba have decreased at an annualized rate of 11%, from $365M in 2017 to $204M in 2022.

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

Cuba-Canada Trade: In 2022, Cuba exported $17.7M to Canada. The main products that Cuba exported to Canada were Live Fish ($6.41M), Rolled Tobacco ($5.05M), and Crustaceans ($2.85M). Over the past 5 years the exports of Cuba to Canada have decreased at an annualized rate of 10%,  from $33.5M in 2017 to $17.7M in 2022.

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

Comparison In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.92),  and 9 in total exports ($587B). 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, Canada exported C$28.5M and imported C$62.4M from Cuba, resulting in a negative trade balance of C$33.9M. Between June 2023 and June 2024 the exports of Canada have increased by C$13.1M (85.4%) from C$15.4M to C$28.5M, while imports increased by C$4.83M (8.37%) from C$57.6M to C$62.4M.

Trade In June 2024, the top exports of Canada to Cuba were Valves (C$2.03M), Commodities not elsewhere specified (C$1.65M), Packaged Medicaments (C$1.59M), Special purpose motor vehicles (C$1.12M), and Pig Meat (C$1.04M). In June 2024 the top imports of Canada from Cuba were Commodities not elsewhere specified (C$84.4M), Crustaceans (C$2.24M), Live Fish (C$1.26M), Rolled Tobacco (C$471k), and Hard Liquor (C$364k).

Origins In June 2024 the exports of Canada were mainly from Ontario (C$9.42M), Alberta (C$6.56M), Quebec (C$5.39M), Saskatchewan (C$3.97M), and Manitoba (C$1.9M), while imports destinations were mainly Nova Scotia (C$61.9M), Ontario (C$518k), Quebec (C$58.1k), and Alberta (C$683).

Growth In June 2024, the increase in Canada's year-by-year exports to Cuba was explained primarily by an increase in product exports in Packaged Medicaments (C$1.59M or 21.6k%), Valves (C$1.23M or 152%), and Refrigerators (C$677k or 223%). In June 2024, the increase in Canada's year-by-year imports  from Cuba was explained primarily by an increase in product imports  in Commodities not elsewhere specified (C$3.88M or 4.81%), Crustaceans (C$1.4M or 168%), and Other Vegetables (C$13.2k or 96%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (June 2023 - June 2024)C$13.1M(85.4%)
IMPORT GROWTH (June 2023 - June 2024)C$4.83M(8.37%)
MAIN EXPORTER (June 2024)OntarioC$9.42M

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

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

For full datasets download visit Bulk Download page.

Explore Cuba and Canada Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Canada exported $204M to Cuba. The main products exported from Canada to Cuba were Dried Legumes ($38.7M), Sulphur ($22.7M), and Nickel Mattes ($12.2M). During the last 5 years the exports of Canada to Cuba have decreased at an annualized rate of 11%, from $365M in 2017 to $204M in 2022.

In 2017, Cuba exported $17.7M to Canada. The main products exported from Cuba to Canada were Live Fish ($6.41M), Rolled Tobacco ($5.05M), and Crustaceans ($2.85M). During the last 5 years the exports of Cuba to Canada have decreased at an annualized rate of 10%, from $33.5M in 2022 to $17.7M in 2017.

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

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

Market Competitiveness

Color
Canada
Top DestinationUnited States$438B
Cuba
Top DestinationChina$426M

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

In 2022, countries that imported more from Canada than Cuba included United States ($438B), China ($25.4B), and Japan ($14.3B).

In 2022, countries that imported more from Cuba than Canada included Cyprus ($31.2M) and Andorra ($4.23M).

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

Comparative Advantage Canada - Cuba

Flow
Scale

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

During 2022, Canada had a large net trade with Cuba in the exports of N/A.

During 2017, Cuba had a large net trade with Canada in the exports of Animal Products ($9.51M), Foodstuffs ($7.48M), and Vegetable Products ($258k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Canada Cuba+N/AN/A
Top Product Potential Cuba Canada+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 Canada and Cuba. This means that a dot/product with the flag of Canada indicates it has a comparative advantage over Cuba. Similarly, a dot/product with the flag of Cuba indicates it has a comparative advantage over Canada.

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

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