Exports of goods and services (current US$) in Cuba
Cuba: Exports of goods and services (current US$) was 8.77 billion current US$ in 2020. ◆ Volatile
Exports of goods and services in Cuba, 1970–2020
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Cuba recorded 8.77 billion current US$ for exports of goods and services in 2020.
That represents a change of down 30.6% on the previous year and down 34.8% over ten years.
Over the whole period, exports of goods and services in Cuba peaked at 18.66 billion current US$ in 2012 and was at its lowest, 1.86 billion current US$, in 1970.
That places Cuba 117th out of 193 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Exports of goods and services (current US$) in Cuba, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 1.86 billion current US$ | — |
| 1971 | 2.26 billion current US$ | +21.5% |
| 1972 | 2.65 billion current US$ | +17.7% |
| 1973 | 3.26 billion current US$ | +22.8% |
| 1974 | 3.72 billion current US$ | +14.2% |
| 1975 | 4.25 billion current US$ | +14.3% |
| 1976 | 4.50 billion current US$ | +5.8% |
| 1977 | 4.64 billion current US$ | +3.0% |
| 1978 | 5.82 billion current US$ | +25.6% |
| 1979 | 6.38 billion current US$ | +9.6% |
| 1980 | 6.52 billion current US$ | +2.3% |
| 1981 | 6.57 billion current US$ | +0.7% |
| 1982 | 6.84 billion current US$ | +4.2% |
| 1983 | 7.22 billion current US$ | +5.6% |
| 1984 | 7.77 billion current US$ | +7.5% |
| 1985 | 7.73 billion current US$ | -0.5% |
| 1986 | 7.69 billion current US$ | -0.5% |
| 1987 | 8.30 billion current US$ | +7.9% |
| 1988 | 8.79 billion current US$ | +6.0% |
| 1989 | 8.42 billion current US$ | -4.2% |
| 1990 | 8.66 billion current US$ | +2.9% |
| 1991 | 5.33 billion current US$ | -38.4% |
| 1992 | 3.74 billion current US$ | -29.9% |
| 1993 | 2.95 billion current US$ | -21.0% |
| 1994 | 3.77 billion current US$ | +27.6% |
| 1995 | 4.08 billion current US$ | +8.3% |
| 1996 | 3.83 billion current US$ | -6.1% |
| 1997 | 3.79 billion current US$ | -1.2% |
| 1998 | 3.67 billion current US$ | -3.1% |
| 1999 | 4.12 billion current US$ | +12.4% |
| 2000 | 4.32 billion current US$ | +4.7% |
| 2001 | 4.19 billion current US$ | -2.9% |
| 2002 | 3.87 billion current US$ | -7.7% |
| 2003 | 4.65 billion current US$ | +20.1% |
| 2004 | 6.12 billion current US$ | +31.6% |
| 2005 | 8.96 billion current US$ | +46.4% |
| 2006 | 9.14 billion current US$ | +2.0% |
| 2007 | 11.04 billion current US$ | +20.7% |
| 2008 | 11.58 billion current US$ | +4.9% |
| 2009 | 10.04 billion current US$ | -13.3% |
| 2010 | 13.44 billion current US$ | +34.0% |
| 2011 | 17.32 billion current US$ | +28.8% |
| 2012 | 18.66 billion current US$ | +7.7% |
| 2013 | 18.59 billion current US$ | -0.4% |
| 2014 | 17.81 billion current US$ | -4.2% |
| 2015 | 14.94 billion current US$ | -16.1% |
| 2016 | 13.69 billion current US$ | -8.4% |
| 2017 | 14.09 billion current US$ | +2.9% |
| 2018 | 14.53 billion current US$ | +3.1% |
| 2019 | 12.63 billion current US$ | -13.1% |
| 2020 | 8.77 billion current US$ | -30.6% |
Cuba compared with similar countries
- Cuba's 8.77 billion current US$ is below the median for upper middle income countries, which is 18.32 billion current US$, 48% of the median. (53 countries reporting)
- Cuba's 8.77 billion current US$ is below the median for Latin America & Caribbean, which is 14.85 billion current US$, 59% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.93 billion current US$ | 1.86 billion current US$ | 6.38 billion current US$ | 10 |
| 1980s | 7.58 billion current US$ | 6.52 billion current US$ | 8.79 billion current US$ | 10 |
| 1990s | 4.39 billion current US$ | 2.95 billion current US$ | 8.66 billion current US$ | 10 |
| 2000s | 7.39 billion current US$ | 3.87 billion current US$ | 11.58 billion current US$ | 10 |
| 2010s | 15.57 billion current US$ | 12.63 billion current US$ | 18.66 billion current US$ | 10 |
| 2020s | 8.77 billion current US$ | 8.77 billion current US$ | 8.77 billion current US$ | 1 |
Countries ranked near Cuba
More economy & growth data for Cuba
- SDRs holdings, US dollar, per unit of GDP 0 units per US$ of GDP (2016)
- SDRs holdings, US dollar, per capita 0 units per person (2016)
- SDRs holdings, SDR, per unit of GDP 0 units per US$ of GDP (2016)
- SDRs holdings, SDR, per capita 0 units per person (2016)
- IMF holdings of currency, US dollar, annual growth rate -100 % change on previous year (1969)
- IMF holdings of currency, US dollar, per unit of GDP 0 units per US$ of GDP (2016)
- IMF holdings of currency, US dollar, per capita 0 units per person (2016)
- IMF holdings of currency, SDR, annual growth rate -100 % change on previous year (1969)
- IMF holdings of currency, SDR, per unit of GDP 0 units per US$ of GDP (2016)
- IMF holdings of currency, SDR, per capita 0 units per person (2016)
Frequently asked questions
- What is exports of goods and services in Cuba?
- Exports of goods and services in Cuba was 8.77 billion current US$ in 2020, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest exports of goods and services recorded in Cuba?
- The highest recorded value was 18.66 billion current US$ in 2012.
- What is the lowest exports of goods and services recorded in Cuba?
- The lowest recorded value was 1.86 billion current US$ in 1970.
- How does Cuba rank for exports of goods and services?
- Cuba ranks 117th out of 193 countries with data for 2020.
- Is exports of goods and services rising or falling in Cuba?
- Over the last ten years it is down 34.8%. The long-run trend across the full record is volatile.
- Where does this Cuba data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Exports of goods and services (current US$). Statizoid updates them automatically from the source API.
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About this data
Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.