Peru (PER) and Cuba (CUB) Trade | The Observatory of Economic Complexity

About

Peru-Cuba Trade: In 2022, Peru exported $5.69M to Cuba. The main products that Peru exported to Cuba were Stone Processing Machines ($1.31M), Raw Plastic Sheeting ($439k), and Liquid Pumps ($379k). Over the past 5 years the exports of Peru to Cuba have decreased at an annualized rate of 14.2%, from $12.2M in 2017 to $5.69M in 2022.

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

Cuba-Peru Trade: In 2022, Cuba exported $1.77M to Peru. The main products that Cuba exported to Peru were Hard Liquor ($1.59M), Other Plastic Products ($114k), and Rolled Tobacco ($53.8k). Over the past 5 years the exports of Cuba to Peru have decreased at an annualized rate of 18.8%, from $32.5M in 2017 to $1.77M in 2022.

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

Comparison In 2022, Peru ranked 93 in the Economic Complexity Index (ECI -0.6), and 54 in total exports ($59.4B). That same year, Cuba ranked 161 in total exports ($1.07B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Peru exported $5.69M to Cuba. The main products exported from Peru to Cuba were Stone Processing Machines ($1.31M), Raw Plastic Sheeting ($439k), and Liquid Pumps ($379k). During the last 5 years the exports of Peru to Cuba have decreased at an annualized rate of 14.2%, from $12.2M in 2017 to $5.69M in 2022.

In 2017, Cuba exported $1.77M to Peru. The main products exported from Cuba to Peru were Hard Liquor ($1.59M), Other Plastic Products ($114k), and Rolled Tobacco ($53.8k). During the last 5 years the exports of Cuba to Peru have decreased at an annualized rate of 18.8%, from $32.5M in 2022 to $1.77M in 2017.

Exports from Peru () to Cuba () (2022)

Exports from Cuba () to Peru () (2022)

Latest Data

Trade between Peru () and Cuba ()

Peru Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Peru
Top DestinationChina$17.6B

Cuba
Top DestinationChina$426M

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

In 2022, countries that imported more from Peru than Cuba included China ($17.6B), United States ($8.69B), and Japan ($2.83B).

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

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

Comparative Advantage Peru - Cuba

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Peru had a large net trade with Cuba in the exports of Machines ($1.9M), Textiles ($1.16M), and Plastics and Rubbers ($667k).

During 2017, Cuba had a large net trade with Peru in the exports of Foodstuffs ($1.65M), Plastics and Rubbers ($114k), and Chemical Products ($6.24k).

Potential Exports

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Peru () to Cuba () (2022)

Exports from Cuba () to Peru () (2022)

Latest Data

Trade between Peru () and Cuba ()

Peru Exports

Market Competitiveness

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

Comparative Advantage Peru - Cuba

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring