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2022
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Exports $147MRnk 122 / 223
2022
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Top Product $26.6MWheat
2022
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Exports $58.5MRnk 3 / 123
2022
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Top Product $37.3MRolled Tobacco
2022
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Economic Complexity (ECI) ECI 1.75Rnk 3 / 124
2022
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GDP$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
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GDP GROWTH15.5%CURRENT US$
Rnk 136 / 186
2022
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GDP PC $48,432CURRENT US$
Rnk 21 / 186
2012-2022
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GDP PC GROWTH10.4%CURRENT US$
Rnk 115 / 186

About

Germany-Cuba In 2022, Germany exported $147M to Cuba. The main products that Germany exported to Cuba are Wheat ($26.6M), Combustion Engines ($14.9M), and Cheese ($9.05M). During the last 27 years the exports of Germany to Cuba have increased at an annualized rate of 2.99%, from $66.6M in 1995 to $147M in 2022.

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

Cuba-Germany In 2022, Cuba exported $58.5M to Germany. The main products that Cuba exported to Germany were Rolled Tobacco ($37.3M), Honey ($10.3M), and Hard Liquor ($6.25M). During the last 27 years the exports of Cuba to Germany have increased at an annualized rate of 2.13%, from $33.1M in 1995 to $58.5M in 2022.

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

Comparison In 2022,  Germany ranked 3 in the Economic Complexity Index (ECI 1.75),  and 3 in total exports ($1.6T). That same year, Cuba ranked 161 in total exports ($1.07B), and does not have data regarding Economic Complexity Index.

Latest Trends

January, 2024

About

Overview In January 2024, Germany exported €5.5M and imported €3.97M from Cuba, resulting in a positive trade balance of €1.53M. Between January 2023 and January 2024 the exports of Germany have decreased by €-5.65M (-50.7%) from €11.2M to €5.5M, while imports decreased by €-2.08M (-34.4%) from €6.05M to €3.97M.

Trade In January 2024, the top exports of Germany to Cuba were Motor cars and motor caravans (€2.6M), Electronic devices (€1.32M), Beer (€804k), Cheese (€769k), and Engines (excl. for tractor,aircraft, road vehicle) (€690k). In January 2024 the top imports of Germany from Cuba were Unmanufactured tobacco and tobacco products (€4.89M), Spirits (€578k), Other food of animal origin (€281k), Returned goods (€141k), and Sugar beets, sugar and sugar products (€56k).

Origins In January 2024 the exports of Germany were mainly from Mecklenburg-Vorpommern (€1.98M), Berlin (€757k), Hamburg (€559k), North Rhine-Westphalia (€436k), and Baden-Württemberg (€346k), while imports destinations were mainly Baden-Württemberg (€2.75M), Hesse (€945k), North Rhine-Westphalia (€124k), Hamburg (€42k), and Bavaria (€41k).

Growth In January 2024, the decrease in Germany's year-by-year exports to Cuba was explained primarily by an decrease in product exports in Lifting and handling equipment (€-511k or -99%), Chassis, bodies, engines etc. for motor... (€-472k or -78.1%), and Machinery for mining, quarrying and construction (€-449k or -98.2%). In January 2024, the decrease in Germany's year-by-year imports  from Cuba was explained primarily by an decrease in product imports  in Other food of animal origin (€-607k or -68.4%) and Coffee (€-36k or -46.2%).

Latest Trade

Flow
Time Scale
Value
EXPORT GROWTH (January 2023 - January 2024)€-5.65M(-50.7%)
IMPORT GROWTH (January 2023 - January 2024)€-2.08M(-34.4%)
MAIN EXPORTER (January 2024)Mecklenburg-Vorpommern€1.98M

This section shows exports and imports data at subnational level for Germany. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Germany over time.

To check Cuba and Germany trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Germany exported $147M to Cuba. The main products exported from Germany to Cuba were Wheat ($26.6M), Combustion Engines ($14.9M), and Cheese ($9.05M). During the last 27 years the exports of Germany to Cuba have increased at an annualized rate of 2.99%, from $66.6M in 1995 to $147M in 2022.

In 2022, Cuba exported $58.5M to Germany. The main products exported from Cuba to Germany were Rolled Tobacco ($37.3M), Honey ($10.3M), and Hard Liquor ($6.25M). During the last 27 years the exports of Cuba to Germany have increased at an annualized rate of 2.13%, from $33.1M in 1995 to $58.5M in 2022.

Exports from Germany (Flag) to Cuba (Flag) (2022)

Exports from Cuba (Flag) to Germany (Flag) (2022)

Market Competitiveness

Color
Germany
Top DestinationUnited States$153B
Cuba
Top DestinationChina$426M

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

In 2021, countries that imported more from Germany than Cuba were United States ($153B), France ($120B), and Netherlands ($109B).

In 2019, no countries were registered that imported more from Cuba than from Germany.

Difference in imports from Cuba (Flag) and Germany (Flag) (2022)

Comparative Advantage Germany - Cuba

Flow
Scale

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

During 2022, Germany had a large net trade with Cuba in the exports of Machines ($52.6M), Vegetable Products ($28M), and Transportation ($12.7M).

During 2022, Cuba had a large net trade with Germany in the exports of Foodstuffs ($45.8M), Animal Products ($10.7M), and Wood Products ($586k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Germany has comparative advantage over Cuba. Similarly, the more yellow a dot/product is, the more Cuba has comparative advantage over Germany.

Product Space of Germany (Flag) and Cuba (Flag) (2022)

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