Merchandise exports to low- and middle-income economies in Latin in Cuba

Cuba: Merchandise exports to low- and middle-income economies in Latin was 8.0% in 2023. ▲ Rising

Latest (2023)
8.0%
Change on year
up 75.0%
World rank
29th
of 203 countries
All-time high
11.8%
in 1990
All-time low
1.9%
in 1993
Years of data
43
1981–2023

Merchandise exports to low- and middle-income economies in Latin in Cuba, 1981–2023

246810121981200220231981: 9.2 % of total merchandise exports1982: 7.3 % of total merchandise exports1983: 6.2 % of total merchandise exports1984: 6.3 % of total merchandise exports1985: 4.1 % of total merchandise exports1986: 6.9 % of total merchandise exports1987: 5.3 % of total merchandise exports1988: 2.6 % of total merchandise exports1989: 5.6 % of total merchandise exports1990: 11.8 % of total merchandise exports1991: 7.2 % of total merchandise exports1992: 2.7 % of total merchandise exports1993: 1.9 % of total merchandise exports1994: 9.6 % of total merchandise exports1995: 5.2 % of total merchandise exports1996: 5.7 % of total merchandise exports1997: 5 % of total merchandise exports1998: 4.6 % of total merchandise exports1999: 7.5 % of total merchandise exports2000: 8.3 % of total merchandise exports2001: 6.9 % of total merchandise exports2002: 7.5 % of total merchandise exports2003: 7.1 % of total merchandise exports2004: 6.1 % of total merchandise exports2005: 6.9 % of total merchandise exports2006: 9.7 % of total merchandise exports2007: 7.8 % of total merchandise exports2008: 9.6 % of total merchandise exports2009: 8.8 % of total merchandise exports2010: 9.2 % of total merchandise exports2011: 9.6 % of total merchandise exports2012: 10.3 % of total merchandise exports2013: 7.8 % of total merchandise exports2014: 6.8 % of total merchandise exports2015: 5.9 % of total merchandise exports2016: 8.1 % of total merchandise exports2017: 5.7 % of total merchandise exports2018: 4.6 % of total merchandise exports2019: 3.8 % of total merchandise exports2020: 3.4 % of total merchandise exports2021: 4.9 % of total merchandise exports2022: 4.6 % of total merchandise exports2023: 8 % of total merchandise exports

Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.

Analysis

The most recent figure for merchandise exports to low- and middle-income economies in latin in Cuba is 8.0%, measured in 2023.

That represents a change of up 75.0% on the previous year and up 2.8% over ten years.

Over the whole period, merchandise exports to low- and middle-income economies in latin in Cuba peaked at 11.8% in 1990 and was at its lowest, 1.9%, in 1993.

Cuba ranks 29th of 203 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 43 years of available data.

Merchandise exports to low- and middle-income economies in Latin in Cuba, year by year

Annual values for Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) in Cuba, 1981 to 2023.
Year % of total merchandise exports Change
1981 9.2%
1982 7.3% -20.2%
1983 6.2% -14.9%
1984 6.3% +0.9%
1985 4.1% -35.1%
1986 6.9% +69.8%
1987 5.3% -23.1%
1988 2.6% -51.9%
1989 5.6% +119.3%
1990 11.8% +110.9%
1991 7.2% -39.1%
1992 2.7% -62.9%
1993 1.9% -27.3%
1994 9.6% +394.7%
1995 5.2% -45.6%
1996 5.7% +9.2%
1997 5.0% -12.6%
1998 4.6% -7.5%
1999 7.5% +62.8%
2000 8.3% +10.1%
2001 6.9% -15.9%
2002 7.5% +7.8%
2003 7.1% -5.7%
2004 6.1% -13.6%
2005 6.9% +13.5%
2006 9.7% +40.1%
2007 7.8% -19.6%
2008 9.6% +22.8%
2009 8.8% -8.3%
2010 9.2% +4.8%
2011 9.6% +4.5%
2012 10.3% +6.8%
2013 7.8% -23.9%
2014 6.8% -13.2%
2015 5.9% -12.9%
2016 8.1% +38.0%
2017 5.7% -30.3%
2018 4.6% -19.2%
2019 3.8% -17.4%
2020 3.4% -10.9%
2021 4.9% +44.5%
2022 4.6% -6.1%
2023 8.0% +75.0%

Cuba compared with similar countries

  • Cuba's 8.0% is above the median for upper middle income countries, which is 1.9%, 4.2× the median. (58 countries reporting)
  • Cuba's 8.0% is below the median for Latin America & Caribbean, which is 14.5%, 56% of the median. (36 countries reporting)

Biggest year-on-year movements

Years where Merchandise exports to low- and middle-income economies in Latin in Cuba changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1994 +394.7% 1.9% 9.6%

Averages by decade

DecadeAverage LowestHighest Years
1980s 5.9% 2.6% 9.2% 9
1990s 6.1% 1.9% 11.8% 10
2000s 7.9% 6.1% 9.7% 10
2010s 7.2% 3.8% 10.3% 10
2020s 5.2% 3.4% 8.0% 4

Countries ranked near Cuba

  1. 26 Ecuador 9.5% compare
  2. 27 Peru 9.3% compare
  3. 28 Saint Kitts and Nevis 8.8% compare
  4. 30 China 6.0% compare
  5. 31 Panama 5.7% compare
  6. 32 Jamaica 5.4% compare

See the full ranking of 250 places →

More private sector data for Cuba

All data for Cuba →

Frequently asked questions

What is merchandise exports to low- and middle-income economies in latin in Cuba?
Merchandise exports to low- and middle-income economies in latin in Cuba was 8.0% in 2023, according to Staff estimates, World Bank (WB).
What is the highest merchandise exports to low- and middle-income economies in latin recorded in Cuba?
The highest recorded value was 11.8% in 1990.
What is the lowest merchandise exports to low- and middle-income economies in latin recorded in Cuba?
The lowest recorded value was 1.9% in 1993.
How does Cuba rank for merchandise exports to low- and middle-income economies in latin?
Cuba ranks 29th out of 203 countries with data for 2023.
Is merchandise exports to low- and middle-income economies in latin rising or falling in Cuba?
Over the last ten years it is up 2.8%. The long-run trend across the full record is rising.
Where does this Cuba data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports). Statizoid updates them automatically from the source API.

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Merchandise exports to low- and middle-income economies in Latin in Cuba. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 17 September 2026, from https://private-sector.statizoid.com/stat/merchandise-exports-to-low-and-middle-income-economies-in-latin-america-and-the-caribbean/cuba/

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About this data

Indicator
Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports)
Unit
% of total merchandise exports
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
250 places, 11,864 data points, 1960–2023
Last refreshed

Merchandise exports to low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.