Cuba (CUB) and Colombia (COL) Trade | The Observatory of Economic Complexity

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Cuba-Colombia Trade: In 2022, Cuba exported $2.4M to Colombia. The main products that Cuba exported to Colombia were Vaccines, blood, antisera, toxins and cultures ($1.1M), Rolled Tobacco ($582k), and Hard Liquor ($561k). Over the past 5 years the exports of Cuba to Colombia have decreased at an annualized rate of 22.9%, from $8.81M in 2017 to $2.4M in 2022.

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

Colombia-Cuba Trade: In 2022, Colombia exported $30.4M to Cuba. The main products that Colombia exported to Cuba were Buses ($6.73M), Refined Petroleum ($3.27M), and Soap ($3.12M). Over the past 5 years the exports of Colombia to Cuba have decreased at an annualized rate of 8.06%, from $46.3M in 2017 to $30.4M in 2022.

In 2022, Colombia 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, Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Cuba exported $2.4M to Colombia. The main products exported from Cuba to Colombia were Vaccines, blood, antisera, toxins and cultures ($1.1M), Rolled Tobacco ($582k), and Hard Liquor ($561k). During the last 5 years the exports of Cuba to Colombia have decreased at an annualized rate of 22.9%, from $8.81M in 2017 to $2.4M in 2022.

In 2017, Colombia exported $30.4M to Cuba. The main products exported from Colombia to Cuba were Buses ($6.73M), Refined Petroleum ($3.27M), and Soap ($3.12M). During the last 5 years the exports of Colombia to Cuba have decreased at an annualized rate of 8.06%, from $46.3M in 2022 to $30.4M in 2017.

Exports from Cuba () to Colombia () (2022)

Exports from Colombia () to Cuba () (2022)

Latest Data

Trade between Cuba () and Colombia ()

Colombia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cuba
Top DestinationChina$426M

Colombia
Top DestinationUnited States$15.6B

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

In 2022, countries that imported more from Cuba than Colombia included Cyprus ($31.2M), Macau ($28.9M), and Portugal ($43.3M).

In 2022, countries that imported more from Colombia than Cuba included United States ($15.6B), Panama ($5.84B), and Netherlands ($3.67B).

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

Comparative Advantage Cuba - Colombia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Cuba had a large net trade with Colombia in the exports of Foodstuffs ($1.14M), Chemical Products ($1.1M), and Machines ($45.5k).

During 2017, Colombia had a large net trade with Cuba in the exports of Transportation ($6.75M), Foodstuffs ($3.98M), and Chemical Products ($3.78M).

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

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Historical Data

Bilateral Trade by Products

Exports from Cuba () to Colombia () (2022)

Exports from Colombia () to Cuba () (2022)

Latest Data

Trade between Cuba () and Colombia ()

Colombia Exports

Market Competitiveness

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

Comparative Advantage Cuba - Colombia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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