Overview: In 2018 Cuba was the number 63 economy in the world in terms of GDP (current US$), the number 146 in total exports, the number 123 in total imports, and the number 92 most complex economy according to the Economic Complexity Index (ECI). In 2018, Cuba exported $1.18B and imported $5.8B, resulting in a negative trade balance of -$4.62B. In 2018, Cuba's exports per capita were $104 and its imports per capita were $512.
Trade: The top exports of Cuba are Rolled Tobacco ($277M), Raw Sugar ($211M), Nickel Mattes ($173M), Hard Liquor ($116M), and Crustaceans ($81.8M). The top imports of Cuba are Poultry Meat ($254M), Wheat ($160M), Corn ($156M), Concentrated Milk ($117M), and Vehicle Parts ($99M).
Destinations: Cuba exports mostly to China ($446M), Spain ($132M), Germany ($59.8M), Hong Kong ($52.3M), and Portugal ($48.3M), and imports mostly from Spain ($1.14B), China ($1.08B), Mexico ($418M), Russia ($370M), and Brazil ($343M).
Location: Cuba borders Bahamas, Haiti, Honduras, Jamaica, Mexico, United States, and Cayman Islands by sea.