2022
Flag
 GDP
$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP GROWTH
49.4%CURRENT US$
Rnk 62 / 186
2022
Flag
GDP PC
$30,436CURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP PC GROWTH
26.5%CURRENT US$
Rnk 71 / 186

About

Cuba-Saudi Arabia Trade: In 2021, Cuba exported $437k to Saudi Arabia. The main products that Cuba exported to Saudi Arabia were N/A. Over the past 5 years the exports of Cuba to Saudi Arabia have decreased at an annualized rate of 21.6%, from $1.47M in 2016 to $437k in 2021.

In 2021, Cuba did not export any services to Saudi Arabia.

Saudi Arabia-Cuba Trade: In 2021, Saudi Arabia exported $8.39M to Cuba. The main products that Saudi Arabia exported to Cuba were N/A. Over the past 5 years the exports of Saudi Arabia to Cuba have increased at an annualized rate of 31.9%,  from $2.1M in 2016 to $8.39M in 2021.

In 2021, Saudi Arabia 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, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Cuba exported $437k to Saudi Arabia. There were not main exports from Cuba to Saudi Arabia in 2021. During the last 5 years the exports of Cuba to Saudi Arabia have decreased at an annualized rate of 21.6%, from $1.47M in 2016 to $437k in 2021.

In 2016, Saudi Arabia exported $8.39M to Cuba. There were not main exports from Saudi Arabia to Cuba in 2016. During the last 5 years the exports of Saudi Arabia to Cuba have increased at an annualized rate of 31.9%, from $2.1M in 2021 to $8.39M in 2016.

Exports from Cuba (Flag) to Saudi Arabia (Flag) (2021)

Exports from Saudi Arabia (Flag) to Cuba (Flag) (2021)

Latest Data

Trade between Cuba (Flag) and Saudi Arabia (Flag)

Saudi Arabia Exports

Market Competitiveness

Color
Cuba
Top Destination
China$426M
Saudi Arabia
Top Destination
China$68B

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

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

In 2022, countries that imported more from Saudi Arabia than Cuba included China ($68B), India ($46.2B), and Japan ($36.5B).

Difference in imports from Saudi Arabia (Flag) and Cuba (Flag) (2022)

Comparative Advantage Cuba - Saudi Arabia

Flow
Scale

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

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

During 2016, Saudi Arabia had a large net trade with Cuba in the exports of .

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Cuba and Saudi Arabia. This means that a dot/product with the flag of Cuba indicates it has a comparative advantage over Saudi Arabia. Similarly, a dot/product with the flag of Saudi Arabia indicates it has a comparative advantage over Cuba.

Product Space of Cuba (Flag) and Saudi Arabia (Flag) (2021)

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