Cuba recorded a trade deficit of 7839 CUC Million in 2019. source: National Office of Statistics, Republic of Cuba

Balance of Trade in Cuba averaged -4828.17 CUC Million from 1990 until 2018, reaching an all time high of -535.50 CUC Million in 1992 and a record low of -10570 CUC Million in 2008. This page provides - Cuba Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cuba Balance of Trade - values, historical data and charts - was last updated on April of 2021.

Balance of Trade in Cuba is expected to reach -9630.00 CUC Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cuba Balance of Trade is projected to trend around -10600.00 CUC Million in 2021, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Cuba Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-7839.00 -9112.00 -535.50 -10570.00 1990 - 2019 CUC Million Yearly

Cuba Trade Last Previous Highest Lowest Unit
Balance of Trade -7839.00 -9112.00 -535.50 -10570.00 CUC Million [+]
Current Account 1818.00 2325.00 3112.00 -2308.80 CUC Million [+]
Current Account to GDP 1.40 2.50 3.90 -3.80 percent [+]
Imports 9901.00 11484.00 14707.00 2008.20 CUC Million [+]
Exports 2062.00 2373.00 5870.00 1156.70 CUC Million [+]
Crude Oil Production 40.00 40.00 57.93 20.00 BBL/D/1K [+]
Terrorism Index 0.00 0.00 0.00 0.00 [+]


Cuba Balance of Trade
Cuba runs consistent trade deficits as a result of low productivity and dependence on food imports. Cuba mainly exports nickel, cane sugar, cigars, fuel, beverages, metallic ores, fish, cement, oil and thyroid extract. Cuba mainly imports food, cereals, fuel, diesel engines, vehicles, motor parts and vegetable oils. Cuba’s main trading partners are Venezuela, China, Canada, Spain, Brazil, the Netherlands, the United States, México, Italy, France, Germany and Russia.