Nepal (NPL) and Cuba (CUB) Trade | The Observatory of Economic Complexity

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Nepal-Cuba Trade: In 2018, Nepal exported $2.61k to Cuba. The main products that Nepal exported to Cuba were N/A. Over the past 12 years the exports of Nepal to Cuba have decreased at an annualized rate of 3.92%, from $4.21k in 2006 to $2.61k in 2018.

In 2018, Nepal did not export any services to Cuba.

Cuba-Nepal Trade: In 2018, Cuba exported $16 to Nepal. The main products that Cuba exported to Nepal were Beauty Products ($16). Over the past 12 years the exports of Cuba to Nepal have decreased at an annualized rate of 21.3%, from $53 in 2006 to $16 in 2018.

In 2018, Cuba did not export any services to Nepal.

Comparison In 2022, Nepal ranked 153 in total exports ($1.43B). That same year, Cuba ranked 161 in total exports ($1.07B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2018, Nepal exported $2.61k to Cuba. There were not main exports from Nepal to Cuba in 2018. During the last 12 years the exports of Nepal to Cuba have decreased at an annualized rate of 3.92%, from $4.21k in 2006 to $2.61k in 2018.

In 2017, Cuba exported $16 to Nepal. The main products exported from Cuba to Nepal were Beauty Products ($16). During the last 5 years the exports of Cuba to Nepal have decreased at an annualized rate of 21.3%, from $53 in 2022 to $16 in 2017.

Exports from Nepal () to Cuba () (2022)

Exports from Cuba () to Nepal () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nepal
Top DestinationIndia$956M

Cuba
Top DestinationChina$426M

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

In 2022, countries that imported more from Nepal than Cuba included India ($956M), United States ($152M), and Singapore ($25.5M).

In 2022, countries that imported more from Cuba than Nepal included China ($426M), Spain ($139M), and Portugal ($43.3M).

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

Comparative Advantage Nepal - Cuba

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2018, Nepal had a large net trade with Cuba in the exports of .

During 2017, Cuba had a large net trade with Nepal in the exports of Chemical Products ($16).

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

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Historical Data

Bilateral Trade by Products

Exports from Nepal () to Cuba () (2022)

Exports from Cuba () to Nepal () (2022)

Market Competitiveness

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

Comparative Advantage Nepal - Cuba

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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