Canada / Cuba

Overview In January 2024, Canada exported C$9.96M and imported C$15.2M from Cuba, resulting in a negative trade balance of C$5.25M. Between January 2023 and January 2024 the exports of Canada have decreased by C$-4.94M (-33.1%) from C$14.9M to C$9.96M, while imports decreased by C$-73.7M (-82.9%) from C$88.9M to C$15.2M.

Trade In January 2024, the top exports of Canada to Cuba were Valves (C$2.03M), Commodities not elsewhere specified (C$1.65M), Packaged Medicaments (C$1.59M), Special purpose motor vehicles (C$1.12M), and Pig Meat (C$1.04M). In January 2024 the top imports of Canada from Cuba were Commodities not elsewhere specified (C$84.4M), Crustaceans (C$2.24M), Live Fish (C$1.26M), Rolled Tobacco (C$471k), and Hard Liquor (C$364k).

Origins In January 2024 the exports of Canada were mainly from Alberta (C$3.57M), Ontario (C$3.42M), Quebec (C$2.1M), Nova Scotia (C$746k), and British Columbia (C$127k), while imports destinations were mainly Nova Scotia (C$13.1M), Ontario (C$1.9M), Quebec (C$222k), British Columbia (C$368), and Alberta (C$56).

Growth In January 2024, the decrease in Canada's year-by-year exports to Cuba was explained primarily by an decrease in product exports in Plastic Pipes (C$-1.01M or -90.8%), Used Clothing (C$-938k or -94%), and Air Pumps (C$-552k or -87.8%). In January 2024, the decrease in Canada's year-by-year imports  from Cuba was explained primarily by an decrease in product imports  in Live Fish (C$-329k or -20.8%), Hard Liquor (C$-65.6k or -15.3%), and Rolled Tobacco (C$-36.2k or -7.14%).