Is condensed milk the same as cream?

No, it isn't.

Condensed milk is created when water (approximately 60%) is removed from cow's milk, and it typically has sugar added to it. Condensed milk usually contains at least 8% milk fat and 28% milk solids.

Cream, on the other hand, is created when the fatty part of milk is skimmed from the top of the milk before it is homogenized. There are different types of cream, including: half-and-half, light cream (or coffee cream), light whipping cream, and heavy cream (or heavy whipping cream). The exact amount of milk fat in any one of these creams varies by country. In general, half-and-half cream will contain 10.5-18% milk fat, light cream will contain 18-30% milk fat, light whipping cream will contain 30-36% milk fat, and heavy cream will contain at least 36% milk fat.