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2022
Exports $31.6kWorld Rnk 145 / 196
Flag Rnk 111 / 414
2022
Destination $18.4k Germany
2021 - 2022
FASTEST GROWING MARKET $18.4kGermany
2022
PRODUCT COMPLEXITY IN Essential Oils-1.09Rnk 855 / 1025
2022
Imports $220kWorld Rnk 146 / 214
Flag Rnk 582 / 1004
2022
Origin $73.1k Spain
2021 - 2022
FASTEST GROWING ORIGIN $73.1kNetherlands

About

Exports In 2022, Cuba exported $31.6k in Essential Oils, making it the 145th largest exporter of Essential Oils in the world. At the same year, Essential Oils was the 111th most exported product in Cuba. The main destination of Essential Oils exports from Cuba are: Germany ($18.4k) and Australia ($13.2k).

The fastest growing export markets for Essential Oils of Cuba between 2021 and 2022 were Germany ($18.4k).

Imports In 2022, Cuba imported $220k in Essential Oils, becoming the 146th largest importer of Essential Oils in the world. At the same year, Essential Oils was the 582nd most imported product in Cuba. Cuba imports Essential Oils primarily from: Spain ($147k), Netherlands ($73.1k), Peru ($14), Austria ($3), and Ireland ($2).

The fastest growing import markets in Essential Oils for Cuba between 2021 and 2022 were Netherlands ($73.1k), Peru ($14), and Austria ($3).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Essential Oils. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$31.6k
IMPORTS (2022)$220k
NET TRADE (2022)-$189k

In 2022, Cuba exported $31.6k in Essential Oils. The main destinations of Cuba exports on Essential Oils were Germany ($18.4k) and Australia ($13.2k).

In 2022, Cuba imported $220k in Essential Oils, mainly from Spain ($147k), Netherlands ($73.1k), Peru ($14), Austria ($3), and Ireland ($2).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Essential Oils EXPORT MARKETS FOR Cuba WERE (2021 - 2022):Germany$18.4k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Essential Oils BY Cuba WERE (2021 - 2022):
Australia-$24k (-64.5%)
Austria-$2.9k (-100%)
Netherlands-$1.9k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Cuba's main exporting competitors in Essential Oils were:
India $879M
United States $693M
Brazil $425M
In 2022, Cuba's main importing competitors in Essential Oils were:
United States $1.25B
France $440M
Germany $357M

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Trade Value of Essential Oils by Exporters

Potential Exports

Potential Exports

Flow
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N/A
N/AN/A
N/AN/A

Essential Oils’s highest export potential is N/A. With an export gap of N/A.   Essential Oils’s highest import potential is N/A with an import gap of N/A.

See methodology.

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