Canada / Cuba

Overview In September 2024, Canada exported C$34.2M and imported C$28M from Cuba, resulting in a positive trade balance of C$6.17M. Between September 2023 and September 2024 the exports of Canada have increased by C$22.3M (188%) from C$11.9M to C$34.2M, while imports decreased by C$-29.8M (-51.5%) from C$57.8M to C$28M.

Trade In September 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 September 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 September 2024 the exports of Canada were mainly from Saskatchewan (C$13.2M), Ontario (C$8.91M), Quebec (C$4.52M), Alberta (C$4.45M), and Manitoba (C$1.61M), while imports destinations were mainly Nova Scotia (C$26.4M), Ontario (C$1.46M), Quebec (C$205k), and Alberta (C$12).

Growth In September 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$677k or 223%). In September 2024, the decrease in Canada's year-by-year imports  from Cuba was explained primarily by an decrease in product imports  in Live Fish (C$-329k or -20.8%), Hard Liquor (C$-65.6k or -15.3%), and Rolled Tobacco (C$-36.2k or -7.14%).