Merchandise exports by the reporting economy (current US$) in Cuba
Cuba: Merchandise exports by the reporting economy (current US$) was 853.94 million current US$ in 2023. ◆ Volatile
Latest (2023)
853.94 million current US$
Change on year
down 3.0%
World rank
159th
of 206 countries
All-time high
4.65 billion current US$
in 2007
All-time low
686.12 million current US$
in 1986
Years of data
43
1981–2023
Merchandise exports by the reporting economy in Cuba, 1981–2023
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
In 2023, merchandise exports by the reporting economy in Cuba stood at 853.94 million current US$.
The figure is down 3.0% on the previous year and down 77.5% over ten years.
Over the whole period, merchandise exports by the reporting economy in Cuba peaked at 4.65 billion current US$ in 2007 and was at its lowest, 686.12 million current US$, in 1986.
Cuba ranks 159th of 206 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports by the reporting economy (current US$) in Cuba, year by year
| Year | current US$ | Change |
|---|---|---|
| 1981 | 1.46 billion current US$ | — |
| 1982 | 1.27 billion current US$ | -12.4% |
| 1983 | 1.03 billion current US$ | -19.3% |
| 1984 | 831.49 million current US$ | -19.2% |
| 1985 | 858.53 million current US$ | +3.3% |
| 1986 | 686.12 million current US$ | -20.1% |
| 1987 | 870.37 million current US$ | +26.9% |
| 1988 | 1.19 billion current US$ | +37.1% |
| 1989 | 1.21 billion current US$ | +1.5% |
| 1990 | 1.31 billion current US$ | +8.2% |
| 1991 | 1.05 billion current US$ | -19.5% |
| 1992 | 1.15 billion current US$ | +8.9% |
| 1993 | 1.14 billion current US$ | -0.8% |
| 1994 | 1.37 billion current US$ | +20.0% |
| 1995 | 1.49 billion current US$ | +9.3% |
| 1996 | 1.95 billion current US$ | +30.5% |
| 1997 | 1.74 billion current US$ | -10.5% |
| 1998 | 1.48 billion current US$ | -14.9% |
| 1999 | 1.44 billion current US$ | -3.1% |
| 2000 | 1.67 billion current US$ | +15.8% |
| 2001 | 1.66 billion current US$ | -0.6% |
| 2002 | 1.41 billion current US$ | -15.0% |
| 2003 | 1.67 billion current US$ | +18.3% |
| 2004 | 2.32 billion current US$ | +39.4% |
| 2005 | 2.31 billion current US$ | -0.6% |
| 2006 | 3.41 billion current US$ | +47.7% |
| 2007 | 4.65 billion current US$ | +36.4% |
| 2008 | 3.93 billion current US$ | -15.4% |
| 2009 | 2.78 billion current US$ | -29.3% |
| 2010 | 3.20 billion current US$ | +15.3% |
| 2011 | 4.03 billion current US$ | +25.9% |
| 2012 | 3.68 billion current US$ | -8.9% |
| 2013 | 3.80 billion current US$ | +3.4% |
| 2014 | 3.15 billion current US$ | -17.2% |
| 2015 | 3.08 billion current US$ | -2.3% |
| 2016 | 2.13 billion current US$ | -30.9% |
| 2017 | 2.34 billion current US$ | +10.1% |
| 2018 | 2.31 billion current US$ | -1.3% |
| 2019 | 2.06 billion current US$ | -10.8% |
| 2020 | 1.70 billion current US$ | -17.5% |
| 2021 | 1.96 billion current US$ | +15.5% |
| 2022 | 880.78 million current US$ | -55.2% |
| 2023 | 853.94 million current US$ | -3.0% |
Cuba compared with similar countries
- Cuba's 853.94 million current US$ is below the median for upper middle income countries, which is 11.56 billion current US$, 7% of the median. (59 countries reporting)
- Cuba's 853.94 million current US$ is below the median for Latin America & Caribbean, which is 4.67 billion current US$, 18% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.05 billion current US$ | 686.12 million current US$ | 1.46 billion current US$ | 9 |
| 1990s | 1.41 billion current US$ | 1.05 billion current US$ | 1.95 billion current US$ | 10 |
| 2000s | 2.58 billion current US$ | 1.41 billion current US$ | 4.65 billion current US$ | 10 |
| 2010s | 2.98 billion current US$ | 2.06 billion current US$ | 4.03 billion current US$ | 10 |
| 2020s | 1.35 billion current US$ | 853.94 million current US$ | 1.96 billion current US$ | 4 |
Countries ranked near Cuba
- 156 Marshall Islands 952.80 million current US$ compare
- 157 Kosovo 932.89 million current US$ compare
- 157 Kosovo (UNSCR 1244) 932.89 million current US$ compare
- 160 Fiji 732.24 million current US$ compare
- 161 Bhutan 703.02 million current US$ compare
- 162 Montenegro 689.83 million current US$ compare
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 exports (current US$), per capita 148.12 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0159 current US$ per US$ of GDP (2020)
- Merchandise exports (current US$), annual growth rate 0.809 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports by the reporting economy in Cuba?
- Merchandise exports by the reporting economy in Cuba was 853.94 million current US$ in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports by the reporting economy recorded in Cuba?
- The highest recorded value was 4.65 billion current US$ in 2007.
- What is the lowest merchandise exports by the reporting economy recorded in Cuba?
- The lowest recorded value was 686.12 million current US$ in 1986.
- How does Cuba rank for merchandise exports by the reporting economy?
- Cuba ranks 159th out of 206 countries with data for 2023.
- Is merchandise exports by the reporting economy rising or falling in Cuba?
- Over the last ten years it is down 77.5%. The long-run trend across the full record is volatile.
- Where does this Cuba data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports by the reporting economy (current US$). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.