2023
Exports
$13.8MWorld Rnk 75 / 186
Flag Rnk 11 / 414
2023
PRODUCT COMPLEXITY IN Raw Sugar
-1.88Rnk 988 / 1025
2023
Imports
$9.64MWorld Rnk 139 / 225
Flag Rnk 91 / 1013
2023
ECONOMIC COMPLEXITY of Cuba
-0.42Rnk 82 / 132

About

Exports In 2023, Cuba exported $13.8M in Raw Sugar, making it the 75th largest exporter of Raw Sugar in the world. At the same year, Raw Sugar was the 11th most exported product in Cuba. The main destination of Raw Sugar exports from Cuba are: China ($13.5M), Italy ($213k), Germany ($66k), United Kingdom ($4.65k), and Spain ($2.72k).

The fastest growing export markets for Raw Sugar of Cuba between 2022 and 2023 were United Kingdom ($4.65k), Spain ($2.72k), and Slovakia ($740).

Imports In 2023, Cuba imported $9.64M in Raw Sugar, becoming the 139th largest importer of Raw Sugar in the world. At the same year, Raw Sugar was the 91st most imported product in Cuba. Cuba imports Raw Sugar primarily from: Brazil ($5.24M), Colombia ($3.55M), Spain ($397k), United States ($254k), and Chile ($104k).

The fastest growing import markets in Raw Sugar for Cuba between 2022 and 2023 were Colombia ($3.44M), Spain ($388k), and United States ($254k).

Latest Trends

Dec 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 Raw Sugar. 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 (2023)$13.8M
IMPORTS (2023)$9.64M
NET TRADE (2023)$4.13M

In 2023, Cuba exported $13.8M in Raw Sugar. The main destinations of Cuba exports on Raw Sugar were China ($13.5M), Italy ($213k), Germany ($66k), United Kingdom ($4.65k), and Spain ($2.72k).

In 2023, Cuba imported $9.64M in Raw Sugar, mainly from Brazil ($5.24M), Colombia ($3.55M), Spain ($397k), United States ($254k), and Chile ($104k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Raw Sugar EXPORT MARKETS FOR Cuba WERE (2022 - 2023):
United Kingdom$4.65k (1%)
Spain$2.72k (1%)
Slovakia$740 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Sugar BY Cuba WERE (2022 - 2023):
China-$31.8M (-70.2%)
Portugal-$30.5M (-100%)
Italy-$269k (-55.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Cuba's main exporting competitors in Raw Sugar were:
Brazil $16.2B
India $3.97B
In 2023, Cuba's main importing competitors in Raw Sugar were:

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Trade Value of Raw Sugar by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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