Binding coverage, primary products in Cuba
Cuba: Binding coverage, primary products was 58.4% in 2022. ▼ Falling
Binding coverage, primary products in Cuba, 1996–2022
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
In 2022, binding coverage, primary products in Cuba stood at 58.4%.
Compared with earlier readings it is up 0.1% on the previous year and down 1.8% over ten years.
Over the whole period, binding coverage, primary products in Cuba peaked at 61.8% in 1997 and was at its lowest, 57.8%, in 2015.
Cuba ranks 54th of 158 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 61.8% | 61.7% | 61.8% | 4 |
| 2000s | 60.9% | 59.5% | 61.8% | 10 |
| 2010s | 58.7% | 57.8% | 59.5% | 8 |
| 2020s | 58.4% | 58.3% | 58.4% | 3 |
Countries ranked near Cuba
More private sector data for Cuba
- Merchandise trade 8.3% (2020)
- Food imports 25.2% (2022)
- Manufactures imports 38.3% (2022)
- Merchandise imports 8.75 billion current US$ (2025)
- Food exports 30.7% (2022)
- Manufactures exports 7.8% (2022)
- Merchandise exports 1.62 billion current US$ (2025)
- Merchandise imports from economies in the Arab World 1.3% (2023)
- Merchandise imports from high-income economies 52.2% (2023)
- Merchandise imports from low- and middle-income economies outside regi 29.8% (2023)
Frequently asked questions
- What is binding coverage, primary products in Cuba?
- Binding coverage, primary products in Cuba was 58.4% in 2022, according to Staff estimates, World Bank (WB).
- What is the highest binding coverage, primary products recorded in Cuba?
- The highest recorded value was 61.8% in 1997.
- What is the lowest binding coverage, primary products recorded in Cuba?
- The lowest recorded value was 57.8% in 2015.
- How does Cuba rank for binding coverage, primary products?
- Cuba ranks 54th out of 158 countries with data for 2022.
- Is binding coverage, primary products rising or falling in Cuba?
- Over the last ten years it is down 1.8%. The long-run trend across the full record is falling.
- Where does this Cuba data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Binding coverage, primary products (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Binding coverage is the percentage of product lines with an agreed bound rate. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).