2022
Exports | Imports
$54.6k | $7.23MWorld Rnk 140 / 184
Flag Rnk 88 / 414
World Rnk 134 / 219
Flag Rnk 110 / 1004
2022
PRODUCT COMPLEXITY IN Lifting Machinery
1.19Rnk 108 / 1025

About

Exports In 2022, Cuba exported $54.6k in Lifting Machinery, making it the 140th largest exporter of Lifting Machinery in the world. At the same year, Lifting Machinery was the 88th most exported product in Cuba. The main destination of Lifting Machinery exports from Cuba are: Germany ($45.5k) and Portugal ($9.1k).

The fastest growing export markets for Lifting Machinery of Cuba between 2021 and 2022 were Germany ($45.5k) and Portugal ($9.1k).

Imports In 2022, Cuba imported $7.23M in Lifting Machinery, becoming the 134th largest importer of Lifting Machinery in the world. At the same year, Lifting Machinery was the 110th most imported product in Cuba. Cuba imports Lifting Machinery primarily from: China ($2.53M), Spain ($2.44M), Italy ($1.97M), Germany ($97.4k), and Netherlands ($64.8k).

The fastest growing import markets in Lifting Machinery for Cuba between 2021 and 2022 were Italy ($1.96M), China ($1.64M), and Spain ($1.52M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Lifting Machinery from Cuba to the United States.

Latest Trends

Jan 2024

Subnational Monthly Trade

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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 Lifting Machinery. Countries are shown based on data availability.

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

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Historical Data

Trade Balance

Color
EXPORTS (2022)$54.6k
IMPORTS (2022)$7.23M
NET TRADE (2022)-$7.17M

In 2022, Cuba exported $54.6k in Lifting Machinery. The main destinations of Cuba exports on Lifting Machinery were Germany ($45.5k) and Portugal ($9.1k).

In 2022, Cuba imported $7.23M in Lifting Machinery, mainly from China ($2.53M), Spain ($2.44M), Italy ($1.97M), Germany ($97.4k), and Netherlands ($64.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Lifting Machinery EXPORT MARKETS FOR Cuba WERE (2021 - 2022):
Germany$45.5k (1%)
Portugal$9.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lifting Machinery BY Cuba WERE (2021 - 2022):Australia-$18.9k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Cuba's main exporting competitors in Lifting Machinery were:
China $6.88B
Germany $5.16B
Italy $2.48B
In 2022, Cuba's main importing competitors in Lifting Machinery were:

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Trade Value of Lifting Machinery by Exporters

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