2022
Exports
$7.37MWorld Rnk 105 / 217
Flag Rnk 17 / 414
2022
PRODUCT COMPLEXITY IN Packaged Medicaments
0.67Rnk 291 / 1025
2022
Imports
$33.1MWorld Rnk 159 / 224
Flag Rnk 14 / 1004

About

Exports In 2022, Cuba exported $7.37M in Packaged Medicaments, making it the 105th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 17th most exported product in Cuba. The main destination of Packaged Medicaments exports from Cuba are: India ($2.29M), Dominican Republic ($1.69M), Panama ($1.5M), Turkey ($911k), and Guatemala ($321k).

The fastest growing export markets for Packaged Medicaments of Cuba between 2021 and 2022 were India ($2.14M), Dominican Republic ($1.13M), and Guatemala ($259k).

Imports In 2022, Cuba imported $33.1M in Packaged Medicaments, becoming the 159th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 14th most imported product in Cuba. Cuba imports Packaged Medicaments primarily from: Canada ($7.24M), Spain ($5.31M), India ($4.56M), Mexico ($3.88M), and Costa Rica ($2.52M).

The fastest growing import markets in Packaged Medicaments for Cuba between 2021 and 2022 were Spain ($3.25M), Mexico ($990k), and Italy ($801k).

Latest Trends

Aug 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Packaged Medicaments. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$7.37M
IMPORTS (2022)$33.1M
NET TRADE (2022)-$25.7M

In 2022, Cuba exported $7.37M in Packaged Medicaments. The main destinations of Cuba exports on Packaged Medicaments were India ($2.29M), Dominican Republic ($1.69M), Panama ($1.5M), Turkey ($911k), and Guatemala ($321k).

In 2022, Cuba imported $33.1M in Packaged Medicaments, mainly from Canada ($7.24M), Spain ($5.31M), India ($4.56M), Mexico ($3.88M), and Costa Rica ($2.52M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Cuba WERE (2021 - 2022):
India$2.14M (1.44k%)
Dominican Republic$1.13M (200%)
Guatemala$259k (421%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Cuba WERE (2021 - 2022):
Belarus-$745k (-100%)
Turkey-$281k (-23.6%)
Ecuador-$180k (-86.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Cuba's main exporting competitors in Packaged Medicaments were:
In 2022, Cuba's main importing competitors in Packaged Medicaments were:

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Trade Value of Packaged Medicaments by Exporters

Potential Exports

Potential Exports

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N/A
N/AN/A
N/AN/A

Packaged Medicaments’s highest export potential is N/A. With an export gap of N/A.   Packaged Medicaments’s highest import potential is N/A with an import gap of N/A.

See methodology.

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