Canada / Cuba

Overview In July 2024, Canada exported C$7.72M and imported C$64.8M from Cuba, resulting in a negative trade balance of C$57.1M. Between July 2023 and July 2024 the exports of Canada have decreased by C$-7.39M (-48.9%) from C$15.1M to C$7.72M, while imports increased by C$6.01M (10.2%) from C$58.8M to C$64.8M.

Trade In July 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 July 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 July 2024 the exports of Canada were mainly from Ontario (C$3.36M), Quebec (C$2.68M), Alberta (C$821k), Nova Scotia (C$786k), and British Columbia (C$69.9k), while imports destinations were mainly Nova Scotia (C$63.5M), Ontario (C$961k), Quebec (C$357k), British Columbia (C$1.21k), and Manitoba (C$519).

Growth In July 2024, the decrease in Canada's year-by-year exports to Cuba was explained primarily by an decrease in product exports in Plastic Pipes (C$-1.01M or -90.8%), Used Clothing (C$-938k or -94%), and Air Pumps (C$-552k or -87.8%). In July 2024, the increase in Canada's year-by-year imports  from Cuba was explained primarily by an increase in product imports  in Commodities not elsewhere specified (C$3.88M or 4.81%), Crustaceans (C$1.4M or 168%), and Other Vegetables (C$13.2k or 96%).