Cuba-Switzerland Bilateral Trade Analysis 2023

Complete trade statistics: $48.22M total volume •Cuba surplus: $48.22M

CubaSwitzerland

$48.22M

Exports (2023)

SwitzerlandCuba

$0

Imports (2023)

Trade Balance

$48.22M

Surplus for Cuba

Total Trade

$48.22M

Combined Volume

Trade Flow Visualization

Direct trade relationship between Cuba and Switzerland. Green line shows exports from Cuba, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Cuba-Switzerland commercial relationship and competitive positioning in global markets.

CubaSwitzerland Exports

$48.22M
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
88.2% top product
1Cigars, cheroots and cigarillos: containing tobacco including the weight of every band, wrapper or attachment thereto
$42.54M
88.2% of exports
2Rum and other spirits obtained by distilling fermented sugar-cane products
$2.06M
4.3% of exports
3Stones: rubies, sapphires and emeralds, worked (other than simply sawn or roughly shaped), not strung, mounted or set
$1.74M
3.6% of exports
4Crustaceans: frozen, rock lobsters and other sea crawfish (Palinurus spp., Panulirus spp., Jasus spp.), in shell or not, smoked, cooked or not before or during smoking: in shell, cooked by steaming or by boiling in water
$400,734
0.8% of exports
5Coffee: not roasted or decaffeinated
$391,214
0.8% of exports

🎯 Strategic Export Focus

Cuba's export portfolio to Switzerland demonstrates strategic specialization, with cigars, cheroots and cigarillos: containing tobacco including the weight of every band, wrapper or attachment thereto representing a key competitive advantage in this bilateral market.

SwitzerlandCuba Imports

$0
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
Infinity% concentration
1Paper and paperboard: folding cartons, boxes and cases, of non-corrugated paper or paperboard
$2.41M
Infinity% of imports
2Wrist-watches: whether or not incorporating a stop-watch facility, with automatic winding
$958,628
Infinity% of imports
3Wrist-watches: electrically operated, with or without a stop-watch, (other than those of heading no. 9101) with mechanical display only
$384,535
Infinity% of imports
4Tools: for working in the hand, with self-contained electric motor: drills of all kinds
$237,003
Infinity% of imports
5Machinery: for cleaning or drying bottles or other containers
$227,376
Infinity% of imports

📦 Import Strategy Analysis

Cuba's import pattern from Switzerland reveals significant dependencyin paper and paperboard: folding cartons, boxes and cases, of non-corrugated paper or paperboard, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

Cuba demonstrates competitive strength in exportingcigars, cheroots and cigarillos: containing tobacco including the weight of every band, wrapper or attachment thereto to Switzerland, leveraging comparative advantages.

Export Leader in 5+ Categories
🔄

Trade Complementarity

The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.

Specialized Exchange
📈

Growth Potential

The $48.22M trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: Cuba-Switzerland Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $48.22 millionrepresenting a significant bilateral economic relationship
  • Trade Balance: Cuba maintains a surplus of $48.22 million
  • Export Focus: Cuba's primary exports include cigars, cheroots and cigarillos: containing tobacco including the weight of every band, wrapper or attachment thereto, rum and other spirits obtained by distilling fermented sugar-cane products, stones: rubies, sapphires and emeralds, worked (other than simply sawn or roughly shaped), not strung, mounted or set
  • Import Dependencies: Key imports from Switzerland include paper and paperboard: folding cartons, boxes and cases, of non-corrugated paper or paperboard, wrist-watches: whether or not incorporating a stop-watch facility, with automatic winding, wrist-watches: electrically operated, with or without a stop-watch, (other than those of heading no. 9101) with mechanical display only

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationConcentrated
Trade Balance HealthImbalanced

📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.

Historical Trade Analysis & Economic Context

Trade Evolution Timeline

2019-2023: Recent Trends

Current trade volume of $48.22M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.

2015-2019: Growth Period

Sustained expansion in bilateral trade driven by complementary economic structures, with Cuba leveraging its comparative advantages in cigars, cheroots and cigarillos: containing tobacco including the weight of every band, wrapper or attachment thereto.

2010-2015: Foundation Building

Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.

Pre-2010: Early Development

Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.

Key Economic Drivers

1

Comparative Advantage

Cuba's specialization in cigars, cheroots and cigarillos: containing tobacco including the weight of every band, wrapper or attachment theretocomplements Switzerland's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in paper and paperboard: folding cartons, boxes and cases, of non-corrugated paper or paperboard.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $48.22M bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationMedium
Market DependencyHigh
🔮

Trade Relationship Outlook

The $48.22M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.

Economic Impact & Strategic Outlook

Economic Impact Assessment

💰

Trade Volume Impact

The $48.22 million bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
🏭

Industrial Integration

Trade flows in cigars, cheroots and cigarillos: containing tobacco including the weight of every band, wrapper or attachment thereto and paper and paperboard: folding cartons, boxes and cases, of non-corrugated paper or paperboard demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
⚖️

Trade Balance Effects

Cuba's trade surplus of $48.22 million strengthens its overall economic position in this bilateral relationship.

Balance Impact: Export Advantage

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in rum and other spirits obtained by distilling fermented sugar-cane products present expansion opportunities.
Market Diversification
Beyond current focus on paper and paperboard: folding cartons, boxes and cases, of non-corrugated paper or paperboard, new product categories offer potential for trade expansion.

⚠️Risk Factors

Supply Chain Vulnerabilities
High trade imbalance may create supply chain risks
Market Competition
Global competition in cigars, cheroots and cigarillos: containing tobacco including the weight of every band, wrapper or attachment thereto may affect future market positioning.

🎯Strategic Recommendations

  • Strengthen cooperation in high-value sectors beyond current trade patterns
  • Develop alternative supply chains to reduce dependency risks
  • Explore joint ventures in emerging technology sectors
  • Enhance trade facilitation and reduce transaction costs

Market Position & Competitive Summary

The bilateral trade relationship between Cuba and Switzerland represents a total trade volume of $48.22 million in 2023. This partnership demonstrates a favorable trade balance for Cuba, with exports exceeding importsby $48.22 million.

Export Strengths

Cuba's exports to Switzerland total $48.22 million, with competitive advantages in cigars, cheroots and cigarillos: containing tobacco including the weight of every band, wrapper or attachment thereto, representing $42.54M or88.2% of bilateral exports.

Import Dependencies

Imports from Switzerland amount to $0.00, highlighting economic interdependence in paper and paperboard: folding cartons, boxes and cases, of non-corrugated paper or paperboard, with Paper and paperboard: folding cartons, boxes and cases, of non-corrugated paper or paperboard comprisingInfinity% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Cuba's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.

Download Bilateral Trade Data

Access detailed trade data between Cuba and Switzerland in multiple formats.

Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023