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 |