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Cuba Trade Summary

2021

Cuba exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR CUBA 2021

Overall Exports and Imports for Cuba 2021

Exports and imports of Cuba in 2021 are below, along with number of countries and products

  • The total value of exports (FoB) was 1,966 million.
  • The total value of imports (CIF) was 8,431 million.
  • At the HS6 digit level, 559 products were exported to 118 countries and 3,413 products were imported from 139 countries.

Cuba top 5 Export and Import partners 2021

Top five countries to which Cuba exported in 2021 are below, along with the percent of total exports that went to that country:

  1. Cuba exports to Canada worth US$ 615 million, with a partner share of 31.26 percent.
  2. Cuba exports to China worth US$ 418 million, with a partner share of 21.25 percent.
  3. Cuba exports to Spain worth US$ 165 million, with a partner share of 8.40 percent.
  4. Cuba exports to Venezuela worth US$ 103 million, with a partner share of 5.26 percent.
  5. Cuba exports to Netherlands worth US$ 71 million, with a partner share of 3.60 percent.

Top five countries from which Cuba imported goods in 2021 are below, along with percent of total imports that came from the country :

  1. Cuba imports from Venezuela worth US$ 1,246 million, with a partner share of 14.78 percent.
  2. Cuba imports from China worth US$ 972 million, with a partner share of 11.53 percent.
  3. Cuba imports from Spain worth US$ 842 million, with a partner share of 9.99 percent.
  4. Cuba imports from Russian Federation worth US$ 628 million, with a partner share of 7.45 percent.
  5. Cuba imports from Argentina worth US$ 462 million, with a partner share of 5.47 percent.

Cuba Top 5 Productsexports imports at HS 6 digit level 2021

The top five exported HS 6 digit level products to world by Cuba along with trade value are:

  1. Cuba exported Nickel oxide sinters and other intermediate pro , worth 787,717.22 (US$ Thousands).
  2. Cuba exported Vaccines for human medicine , worth 210,592.42 (US$ Thousands).
  3. Cuba exported Cigars, cheroots and cigarillos containing toba , worth 193,160.75 (US$ Thousands).
  4. Cuba exported Raw cane sugar, in solid form , worth 105,909.23 (US$ Thousands).
  5. Cuba exported Rum and tafia , worth 96,559.65 (US$ Thousands).

The top five imported HS 6 digit level products from world by Cuba along with trade value are

  1. Cuba imported Petroleum oils, etc, (excl. crude); preparation , worth 1,309,901.94 (US$ Thousands).
  2. Cuba imported Petroleum oils and oils obtained from bituminou , worth 1,152,031.50 (US$ Thousands).
  3. Cuba imported Frozen cuts and offal of chicken (excl. livers) , worth 416,752.51 (US$ Thousands).
  4. Cuba imported Spelt, common wheat and meslin , worth 212,096.19 (US$ Thousands).
  5. Cuba imported Semi-milled or wholly milled rice , worth 172,513.71 (US$ Thousands).

Exports and Imports of Product Groups 2021

Exports and imports of products by stages of processing in 2021 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2021

Tariffs imposed by Cuba in 2021 are below

  • The maximum rate of tariff in percentage on any product was 30 percent.
  • The simple average tariff across all products was 10.44 percent.
  • The trade weighted average tariff was 8.91 .
  • The total duty free imports in thousands of US dollars were 674,710.71 and duty free tariff line items share was 9.77 percent.

Development Indicators 2021

Key Development Indicators of Cuba in 2021 are below

  • Cuba GDP in current US dollar was not available.
  • GNI per capita, Atlas method (current US$) was not available .
  • Cuba Trade balance: as % of GDP was -10.24.
  • Trade balance in current US$ was not available.
  • Trade as percentage of GDP was 80.02 .
  • Trade in services as percentage of GDP was not available .

Trade Indicators 2021

Trade Indicators for Cuba in 2021 are below

  • Hirschman Herfindahl market concentration index was 0.18.
  • Index of export market penetration was 1.69.
  • World Growth in percentage was 12.50 and Cuba Country Growth was 0.27 .