2023
Exports
$7.59kWorld Rnk 118 / 150
Flag Rnk 187 / 414
2023
PRODUCT COMPLEXITY IN Crude Petroleum
-2.37Rnk 1015 / 1025
2023
Imports
$49.7kWorld Rnk 109 / 159
Flag Rnk 790 / 1013
2023
ECONOMIC COMPLEXITY of Cuba
-0.42Rnk 82 / 132

About

Exports In 2023, Cuba exported $7.59k in Crude Petroleum, making it the 118th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 187th most exported product in Cuba. The main destination of Crude Petroleum exports from Cuba are: China ($7.05k) and India ($534).

The fastest growing export markets for Crude Petroleum of Cuba between 2022 and 2023 were China ($5.99k) and India ($534).

Imports In 2023, Cuba imported $49.7k in Crude Petroleum, becoming the 109th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 790th most imported product in Cuba. Cuba imports Crude Petroleum primarily from: Spain ($49.7k).

The fastest growing import markets in Crude Petroleum for Cuba between 2022 and 2023 were Spain ($41.7k).

Latest Trends

Dec 2024

Subnational Monthly Trade

View
Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Crude Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$7.59k
IMPORTS (2023)$49.7k
NET TRADE (2023)-$42.1k

In 2023, Cuba exported $7.59k in Crude Petroleum. The main destinations of Cuba exports on Crude Petroleum were China ($7.05k) and India ($534).

In 2023, Cuba imported $49.7k in Crude Petroleum, mainly from Spain ($49.7k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Cuba WERE (2022 - 2023):
China$5.99k (567%)
India$534 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Cuba WERE (2022 - 2023):Italy-$6.16M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Cuba's main exporting competitors in Crude Petroleum were:
In 2023, Cuba's main importing competitors in Crude Petroleum were:

Explore Visualizations

Trade Value of Crude Petroleum by Exporters

Potential Exports

Potential Exports

Flow
View
N/A
N/AN/A
N/AN/A

Crude Petroleum’s highest export potential is N/A. With an export gap of N/A.   Crude Petroleum’s highest import potential is N/A with an import gap of N/A.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with