Trade balance in Cuba in 2020 — 702,000,000 US$. Ranked 58 in the world out of 184. Since 1970, the indicator has risen by 206.7%.
1970–2020 · US$
How the value compares with the world and the groups this territory belongs to: Cuba
| Year | US$ | Change | Change, % |
|---|---|---|---|
| 2020 | 702M | −959M | −57.73% |
| 2019 | 1.66B | −302M | −15.39% |
| 2018 | 1.96B | −827M | −29.63% |
| 2017 | 2.79B | +326M | +13.24% |
| 2016 | 2.46B | +127M | +5.45% |
| 2015 | 2.34B | −1.61B | −40.82% |
| 2014 | 3.95B | +956M | +31.96% |
| 2013 | 2.99B | −780M | −20.68% |
| 2012 | 3.77B | +1.53B | +68.35% |
| 2011 | 2.24B | −648M | −22.44% |
| 2010 | 2.89B | +1.74B | +150.52% |
| 2009 | 1.15B | +3.28B | +154.14% |
| 2008 | -2.13B | −3.6B | −245.06% |
| 2007 | 1.47B | +1.35B | +1,158.17% |
| 2006 | 117M | −1.02B | −89.77% |
| 2005 | 1.14B | +861M | +307.79% |
| 2004 | 280M | +525M | +214.02% |
| 2003 | -245M | +317M | +56.41% |
| 2002 | -563M | +354M | +38.59% |
| 2001 | -916M | −55.6M | −6.46% |
| 2000 | -861M | −68.2M | −8.61% |
| 1999 | -793M | +237M | +23.01% |
| 1998 | -1.03B | −292M | −39.62% |
| 1997 | -737M | −237M | −47.44% |
| 1996 | -500M | +262M | +34.42% |
| 1995 | -762M | −394M | −106.71% |
| 1994 | -369M | +196M | +34.76% |
| 1993 | -565M | −276M | −95.34% |
| 1992 | -289M | +1.45B | +83.32% |
| 1991 | -1.73B | +1.31B | +43.07% |
| 1990 | -3.05B | +629M | +17.1% |
| 1989 | -3.68B | −632M | −20.78% |
| 1988 | -3.04B | −265M | −9.55% |
| 1987 | -2.78B | +141M | +4.83% |
| 1986 | -2.92B | −336M | −13.03% |
| 1985 | -2.58B | +255M | +8.99% |
| 1984 | -2.84B | −296M | −11.66% |
| 1983 | -2.54B | −128M | −5.31% |
| 1982 | -2.41B | −72.4M | −3.09% |
| 1981 | -2.34B | −44.8M | −1.95% |
| 1980 | -2.3B | −27.6M | −1.22% |
| 1979 | -2.27B | −209M | −10.17% |
| 1978 | -2.06B | −417M | −25.41% |
| 1977 | -1.64B | −47.04M | −2.95% |
| 1976 | -1.59B | −89.48M | −5.95% |
| 1975 | -1.51B | −187M | −14.17% |
| 1974 | -1.32B | −164M | −14.25% |
| 1973 | -1.15B | −214M | −22.74% |
| 1972 | -940M | −141M | −17.65% |
| 1971 | -799M | −141M | −21.47% |
| 1970 | -658M | — | — |
The same indicator for neighboring countries — with links to their pages
The balance of foreign trade in goods and services: exports minus imports. This is the largest part of the current account but not the whole of it — investment income and remittances do not enter the trade balance, and for countries with large transfers the two indicators move in opposite directions. A surplus is not in itself a sign of a healthy economy: a country importing equipment for construction will run a deficit precisely because it is investing in growth.
Important: Goods and services together. For countries with large service exports — tourism, transport, software — the merchandise balance can be negative while the overall balance is positive.
Source: World Development Indicators (World Bank), license CC BY 4.0.
The value of goods shipped out and of services provided to non-residents, in US dollars.
Trade Imports of goods and servicesThe value of goods brought in and of services received from non-residents.
Trade Trade opennessExports plus imports as a percent of GDP — total foreign trade turnover.
