Canada / Cuba

Overview In August 2024, Canada exported C$13.3M and imported C$57.4M from Cuba, resulting in a negative trade balance of C$44.1M. Between August 2023 and August 2024 the exports of Canada have decreased by C$-13.4M (-50.1%) from C$26.7M to C$13.3M, while imports decreased by C$-8.4M (-12.8%) from C$65.8M to C$57.4M.

Trade In August 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 August 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 August 2024 the exports of Canada were mainly from Saskatchewan (C$5.51M), Alberta (C$4.47M), Manitoba (C$1.71M), Ontario (C$1.08M), and Quebec (C$400k), while imports destinations were mainly Nova Scotia (C$56M), Ontario (C$1.14M), and Quebec (C$261k).

Growth In August 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$-552k or -87.8%). In August 2024, the decrease in Canada's year-by-year imports  from Cuba was explained primarily by an decrease in product imports  in Live Fish (C$-329k or -20.8%), Hard Liquor (C$-65.6k or -15.3%), and Rolled Tobacco (C$-36.2k or -7.14%).