Canada / Cuba

Overview In November 2024, Canada exported C$28.8M and imported C$5.01M from Cuba, resulting in a positive trade balance of C$23.8M. Between November 2023 and November 2024 the exports of Canada have increased by C$10.9M (61.1%) from C$17.9M to C$28.8M, while imports decreased by C$-54.8M (-91.6%) from C$59.8M to C$5.01M.

Trade In November 2024, the top exports of Canada to Cuba were Valves (C$2.03M), Commodities not elsewhere specified (C$1.65M), Packaged Medicaments (C$1.59M), Special purpose motor vehicles (C$1.12M), and Pig Meat (C$1.04M). In November 2024 the top imports of Canada from Cuba were Commodities not elsewhere specified (C$84.4M), Crustaceans (C$2.24M), Live Fish (C$1.26M), Rolled Tobacco (C$471k), and Hard Liquor (C$364k).

Origins In November 2024 the exports of Canada were mainly from Alberta (C$10.8M), Ontario (C$7.37M), Saskatchewan (C$4.38M), Manitoba (C$2.16M), and Quebec (C$2.09M), while imports destinations were mainly Ontario (C$4.94M), Quebec (C$63.2k), Nova Scotia (C$393), Manitoba (C$166), and Alberta (C$93).

Growth In November 2024, the increase in Canada's year-by-year exports to Cuba was explained primarily by an increase in product exports in Packaged Medicaments (C$1.59M or 21.6k%), Valves (C$1.23M or 152%), and Refrigerators (C$677k or 223%). In November 2024, the decrease in Canada's year-by-year imports  from Cuba was explained primarily by an decrease in product imports  in Live Fish (C$-329k or -20.8%), Hard Liquor (C$-65.6k or -15.3%), and Rolled Tobacco (C$-36.2k or -7.14%).