Cuba (CUB)
Annual exports and imports in 2024 (USD).
Source: UN Comtrade. Warehouse 1: partner = World totals by HS4 and year.
Cuba - trade dependency by partner, 2024 (USD)
| Rank | Partner | Export dependency | Import dependency | Total dependency |
|---|---|---|---|---|
| 1 | Spain (ESP) | 16.0% $346.81M | 10.1% $995.93M | 11.2% $1.34B |
| 2 | China (CHN) | 8.1% $175.50M | 11.5% $1.13B | 10.8% $1.30B |
| 3 | USA (USA) | 0.0% $0 | 4.6% $449.95M | 3.7% $449.95M |
| 4 | Mexico (MEX) | 0.6% $12.49M | 3.5% $341.94M | 3.0% $354.43M |
| 5 | Argentina (ARG) | 0.0% $0 | 3.5% $344.93M | 2.9% $344.93M |
| 6 | Brazil (BRA) | 0.0% $0 | 3.4% $335.72M | 2.8% $335.72M |
| 7 | Germany (DEU) | 1.9% $40.84M | 2.5% $246.92M | 2.4% $287.76M |
| 8 | Italy (ITA) | 0.6% $13.81M | 2.3% $227.63M | 2.0% $241.44M |
| 9 | Viet Nam (VNM) | 0.0% $0 | 2.2% $218.83M | 1.8% $218.83M |
| 10 | Canada (CAN) | 1.1% $23.86M | 1.9% $189.21M | 1.8% $213.06M |
- In 2024, Cuba's total trade was $12.0B, comprising $2.2B in exports and $9.8B in imports, leading to a trade balance of -$7.7B.
- The country held a global rank of #165 in total trade for the most recent year.
- Cuba's primary export category was Nickel and articles thereof (HS2 75), valued at $961.0M, which represented 44.3% of the country's total exports.
- Spain was the top destination for Cuban exports, accounting for 16.0% of the total with a value of $346.8M.
- On the import side, China was the largest partner, supplying 11.5% of Cuba's total imports, valued at $1.1B.
- The leading import category was Machinery and mechanical appliances (HS2 84), with a total value of $742.6M.
Exports Profile
In 2024, Cuba exported a total of $2.2B in goods. The country's export profile is dominated by raw materials. The top export is Nickel and articles thereof, which brought in $961.0M, making up 44.3% of total exports. Following this, Beverages, spirits and vinegar accounted for $264.8M in export value. Cuba's main export partner was Spain, which received goods valued at $346.8M. China was the second-largest destination, with exports amounting to $175.5M.
Imports Profile
Cuba's imports in 2024 totaled $9.8B. The country's leading import partner was China, providing goods worth $1.1B, or 11.5% of the total. Spain followed, with imports valued at $995.9M. The United States was also a significant source of imports, valued at $449.9M. Key imported products included Machinery and mechanical appliances at $742.6M, and Cereals at $602.3M, reflecting the nation's needs for industrial equipment and food supplies.
Exports
Cuba - exports over time (Exports), 2016-2022 (USD)
Top export categories
Largest HS2 categories by export value in the selected year.
Cuba - export composition by product categories (Exports), 2024 (USD)
Cuba - export composition by 4-digit product groups (Exports), 2024 (USD)
Imports
Cuba - imports over time (Imports), 2016-2022 (USD)
Top import categories
Largest HS2 categories by import value in the selected year.