China / Cuba

Overview In February 2024, China exported $39.9M and imported $27.2M from Cuba, resulting in a positive trade balance of $12.7M. Between February 2023 and February 2024 the exports of China have decreased by $-18.1M (-31.2%) from $58M to $39.9M, while imports increased by $7.8M (40.3%) from $19.4M to $27.2M.

Trade In February 2024, the top exports of China to Cuba were Coated Flat-Rolled Iron ($8.2M), Plastic Lids ($1.58M), Motorcycles and cycles ($1.25M), Light Fixtures ($1.21M), and Electric Generating Sets ($1.2M). In February 2024 the top imports of China from Cuba were Nickel Mattes ($21.2M), Precious Metal Ore ($4.45M), Zinc Ore ($3.18M), Crustaceans ($2.66M), and Inorganic Salts ($426k).

Origins In February 2024 the exports of China were mainly from Beijing ($14.5M), Guangdong Province ($6.09M), Zhejiang Province ($4.85M), Fujian Province ($3.34M), and Shandong Province ($2.97M), while imports destinations were mainly Jiangxi Province ($14.2M), Shanxi Province ($4.62M), Hunan Province ($3.91M), Beijing ($2.19M), and Hainan Province ($1.66M).

Growth In February 2024, the decrease in China's year-by-year exports to Cuba was explained primarily by an decrease in product exports in Pesticides ($-1.8M or -64.2%), Other Heating Machinery ($-1.41M or -88.6%), and Electric Heaters ($-1.34M or -79.2%). In February 2024, the increase in China's year-by-year imports  from Cuba was explained primarily by an increase in product imports  in Nickel Mattes ($5.97M or 39.1%), Precious Metal Ore ($3.15M or 243%), and Inorganic Salts ($192k or 82.2%).