Cuba recorded a trade deficit of 7770 CUC Million in 2017. Balance of Trade in Cuba averaged -4675.17 CUC Million from 1990 until 2017, reaching an all time high of -535.50 CUC Million in 1992 and a record low of -10570 CUC Million in 2008.

Balance of Trade in Cuba is expected to be -9200.00 CUC Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cuba Balance of Trade is projected to trend around -11000.00 CUC Million in 2020, according to our econometric models.

Cuba Balance of Trade
width
height
Forecast Data Chart
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.


Cuba Trade Last Previous Highest Lowest Unit
Balance of Trade -7770.00 -7953.00 -535.50 -10570.00 CUC Million [+]
Current Account 2649.00 2965.00 4212.00 -2308.80 CUC Million [+]
Current Account to GDP 0.10 2.40 2.40 -3.80 percent [+]
Imports 10172.00 10270.00 14707.00 2008.20 CUC Million [+]
Exports 2402.00 2317.00 5870.00 1156.70 CUC Million [+]
Terrorism Index 0.00 0.00 0.00 0.00 [+]
Tourist Arrivals 477718.00 329251.00 477718.00 104098.00 [+]
Crude Oil Production 50.00 50.00 57.90 22.00 BBL/D/1K [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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. This page provides - Cuba Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cuba Balance of Trade - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-7770.00 -7953.00 -535.50 -10570.00 1990 - 2017 CUC Million Yearly




Country Last Previous
Argentina 277.00 Oct/18
Australia 2316.00 Oct/18
Brazil 4062.09 Nov/18
Canada -1165.20 Oct/18
China 447.40 Nov/18
Euro Area 13141.70 Sep/18
France -4052.00 Oct/18
Germany 18300.00 Oct/18
India -16670.00 Nov/18
Indonesia -1819.90 Oct/18
Italy 1274.37 Sep/18
Japan -449.26 Oct/18
Mexico -2936.00 Oct/18
Netherlands 4850.00 Oct/18
Russia 19697.00 Oct/18
Saudi Arabia 162782.00 Jun/18
Singapore 4520.91 Oct/18
South Africa -5549.90 Oct/18
South Korea 5139.00 Nov/18
Spain -3297100.00 Sep/18
Switzerland 2637.00 Oct/18
Turkey -456.10 Oct/18
United Kingdom -3300.00 Oct/18
United States -55488.00 Oct/18


Related

Latest