Merchandise imports by the reporting economy (current US$) in Cuba
Cuba: Merchandise imports by the reporting economy (current US$) was 6.82 billion current US$ in 2023. ◆ Volatile
Merchandise imports by the reporting economy in Cuba, 1981–2023
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
In 2023, merchandise imports by the reporting economy in Cuba stood at 6.82 billion current US$.
That represents a change of up 8.2% on the previous year and down 41.8% over ten years.
Over the whole period, merchandise imports by the reporting economy in Cuba peaked at 13.32 billion current US$ in 2008 and was at its lowest, 1.46 billion current US$, in 1992.
That places Cuba 126th out of 206 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise imports by the reporting economy (current US$) in Cuba, year by year
| Year | current US$ | Change |
|---|---|---|
| 1981 | 2.07 billion current US$ | — |
| 1982 | 1.60 billion current US$ | -22.7% |
| 1983 | 1.65 billion current US$ | +2.8% |
| 1984 | 2.27 billion current US$ | +38.3% |
| 1985 | 2.72 billion current US$ | +19.5% |
| 1986 | 2.40 billion current US$ | -11.6% |
| 1987 | 1.62 billion current US$ | -32.5% |
| 1988 | 2.43 billion current US$ | +50.1% |
| 1989 | 2.57 billion current US$ | +5.6% |
| 1990 | 2.75 billion current US$ | +7.0% |
| 1991 | 2.26 billion current US$ | -17.8% |
| 1992 | 1.46 billion current US$ | -35.6% |
| 1993 | 1.49 billion current US$ | +2.5% |
| 1994 | 1.81 billion current US$ | +21.2% |
| 1995 | 2.55 billion current US$ | +40.7% |
| 1996 | 2.95 billion current US$ | +15.9% |
| 1997 | 2.43 billion current US$ | -17.7% |
| 1998 | 2.93 billion current US$ | +20.5% |
| 1999 | 2.84 billion current US$ | -2.9% |
| 2000 | 4.81 billion current US$ | +69.3% |
| 2001 | 4.73 billion current US$ | -1.7% |
| 2002 | 4.17 billion current US$ | -11.9% |
| 2003 | 4.61 billion current US$ | +10.6% |
| 2004 | 5.52 billion current US$ | +19.7% |
| 2005 | 8.04 billion current US$ | +45.6% |
| 2006 | 9.15 billion current US$ | +13.8% |
| 2007 | 10.60 billion current US$ | +15.8% |
| 2008 | 13.32 billion current US$ | +25.7% |
| 2009 | 8.36 billion current US$ | -37.3% |
| 2010 | 9.21 billion current US$ | +10.3% |
| 2011 | 10.68 billion current US$ | +15.9% |
| 2012 | 11.08 billion current US$ | +3.7% |
| 2013 | 11.71 billion current US$ | +5.7% |
| 2014 | 10.15 billion current US$ | -13.3% |
| 2015 | 11.36 billion current US$ | +12.0% |
| 2016 | 10.17 billion current US$ | -10.5% |
| 2017 | 10.09 billion current US$ | -0.8% |
| 2018 | 11.41 billion current US$ | +13.1% |
| 2019 | 9.85 billion current US$ | -13.7% |
| 2020 | 7.20 billion current US$ | -26.9% |
| 2021 | 8.37 billion current US$ | +16.3% |
| 2022 | 6.30 billion current US$ | -24.8% |
| 2023 | 6.82 billion current US$ | +8.2% |
Cuba compared with similar countries
- Cuba's 6.82 billion current US$ is below the median for upper middle income countries, which is 15.63 billion current US$, 44% of the median. (59 countries reporting)
- Cuba's 6.82 billion current US$ is below the median for Latin America & Caribbean, which is 8.49 billion current US$, 80% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2.15 billion current US$ | 1.60 billion current US$ | 2.72 billion current US$ | 9 |
| 1990s | 2.35 billion current US$ | 1.46 billion current US$ | 2.95 billion current US$ | 10 |
| 2000s | 7.33 billion current US$ | 4.17 billion current US$ | 13.32 billion current US$ | 10 |
| 2010s | 10.57 billion current US$ | 9.21 billion current US$ | 11.71 billion current US$ | 10 |
| 2020s | 7.17 billion current US$ | 6.30 billion current US$ | 8.37 billion current US$ | 4 |
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 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$), annual growth rate 0.809 % change on previous year (2025)
Frequently asked questions
- What is merchandise imports by the reporting economy in Cuba?
- Merchandise imports by the reporting economy in Cuba was 6.82 billion current US$ in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports by the reporting economy recorded in Cuba?
- The highest recorded value was 13.32 billion current US$ in 2008.
- What is the lowest merchandise imports by the reporting economy recorded in Cuba?
- The lowest recorded value was 1.46 billion current US$ in 1992.
- How does Cuba rank for merchandise imports by the reporting economy?
- Cuba ranks 126th out of 206 countries with data for 2023.
- Is merchandise imports by the reporting economy rising or falling in Cuba?
- Over the last ten years it is down 41.8%. 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 imports by the reporting economy (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 43 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Merchandise imports by the reporting economy are the total merchandise imports by the reporting economy from the rest of the world, as reported in the IMF's Direction of trade database. Data are in current U.S. dollars.