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Balance of Trade In Goods and Services (Local Currency) fell 57.7% to CUP 0.702 bil in Cuba in 2020

Balance of Trade In Goods and Services (Local Currency) (CUP bil), 2020
Economy | Cuba | February 1, 2023
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Balance of trade in goods and services fell 57.7% to CUP 0.702 bil in Cuba in 2020, according to the National Statistical Office.

Historically, balance of trade in goods and services in Cuba reached an all time high of CUP 3.95 bil in 2014 and an all time low of CUP -2.87 bil in 1989. When compared to Cuba's main peers, balance of trade in goods and services in Dominican Republic amounted to DOP -343 bil, JMD -348 bil in Jamaica, MXN 481 bil in Mexico and UYU -627 bil in USA in 2020.

Cuba has been ranked 64th within the group of 163 countries we follow in terms of balance of trade in goods and services, 6 places below the position seen 10 years ago.

Balance of Trade In Goods and Services (Local Currency) Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Belize BZD bil -0.041 -0.084 0.086 0.113 0.076
Canada CAD bil -49.1 -47.8 -46.9 -42.2 -36.9
Cayman Islands KYD bil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 1.32 1.20 1.19 ...
China CNY bil 2,235 1,698 1,458 605 917
Cuba CUP bil 2.34 2.46 2.79 1.96 1.66
Dominican Republic DOP bil -149 -131 -109 -210 -222
Guatemala GTQ bil -48.7 -44.5 -47.8 -58.8 -61.1
Haiti HTG bil -133 -186 -233 -276 -320
Honduras HNL bil -78.0 -71.4 -84.9 -119 -112
Jamaica JMD bil -270 -226 -269 -261 -296
Japan JPY bil -2,980 4,386 4,202 111 -1,614
Mexico MXN bil -379 -398 -398 -481 -62.3
USA UYU bil -526 -506 -537 -593 -579