Cuba (CUB) and Mexico (MEX) Trade | The Observatory of Economic Complexity

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Cuba-Mexico Trade: In 2020, Cuba exported $25.8k to Mexico. The main products that Cuba exported to Mexico were N/A. Over the past 5 years the exports of Cuba to Mexico have decreased at an annualized rate of 21%, from $83.8k in 2015 to $25.8k in 2020.

In 2020, Cuba did not export any services to Mexico.

Mexico-Cuba Trade: In 2020, Mexico exported $89.8M to Cuba. The main products that Mexico exported to Cuba were Soap ($22M), Dried Legumes ($8.26M), and Hair Products ($6.71M). Over the past 5 years the exports of Mexico to Cuba have decreased at an annualized rate of 26%, from $405M in 2015 to $89.8M in 2020.

In 2020, Mexico 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, Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2020, Cuba exported $25.8k to Mexico. There were not main exports from Cuba to Mexico in 2020. During the last 5 years the exports of Cuba to Mexico have decreased at an annualized rate of 21%, from $83.8k in 2015 to $25.8k in 2020.

In 2017, Mexico exported $89.8M to Cuba. The main products exported from Mexico to Cuba were Soap ($22M), Dried Legumes ($8.26M), and Hair Products ($6.71M). During the last 5 years the exports of Mexico to Cuba have decreased at an annualized rate of 26%, from $405M in 2022 to $89.8M in 2017.

Exports from Cuba () to Mexico () (2022)

Exports from Mexico () to Cuba () (2022)

Latest Data

Trade between Cuba () and Mexico ()

Mexico Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cuba
Top DestinationChina$426M

Mexico
Top DestinationUnited States$421B

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

In 2022, countries that imported more from Cuba than Mexico included Cyprus ($31.2M), Macau ($28.9M), and Andorra ($4.23M).

In 2022, countries that imported more from Mexico than Cuba included United States ($421B), Canada ($22.2B), and China ($12.7B).

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

Comparative Advantage Cuba - Mexico

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2020, Cuba had a large net trade with Mexico in the exports of .

During 2017, Mexico had a large net trade with Cuba in the exports of Chemical Products ($43.5M), Vegetable Products ($9.41M), and Plastics and Rubbers ($9.33M).

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

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Historical Data

Bilateral Trade by Products

Exports from Cuba () to Mexico () (2022)

Exports from Mexico () to Cuba () (2022)

Latest Data

Trade between Cuba () and Mexico ()

Mexico Exports

Market Competitiveness

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

Comparative Advantage Cuba - Mexico

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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