Binding coverage, manufactured products in Cuba
Cuba: Binding coverage, manufactured products was 23.6% in 2022. ▼ Falling
Binding coverage, manufactured products in Cuba, 1996–2022
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
In 2022, binding coverage, manufactured products in Cuba stood at 23.6%.
That represents a change of down 2.4% over ten years.
Over the whole period, binding coverage, manufactured products in Cuba peaked at 27.8% in 1996 and was at its lowest, 23.5%, in 2015.
That places Cuba 53rd out of 158 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 27.8% | 27.8% | 27.8% | 4 |
| 2000s | 26.6% | 24.1% | 27.8% | 10 |
| 2010s | 23.8% | 23.5% | 24.1% | 8 |
| 2020s | 23.6% | 23.6% | 23.6% | 3 |
Countries ranked near Cuba
More private sector data for Cuba
- Merchandise exports 1.62 billion current US$ (2025)
- Manufactures exports 7.8% (2022)
- Food exports 30.7% (2022)
- Merchandise imports 8.75 billion current US$ (2025)
- Manufactures imports 38.3% (2022)
- Food imports 25.2% (2022)
- Merchandise trade 8.3% (2020)
- Merchandise imports by the reporting economy 6.82 billion current US$ (2023)
- Merchandise imports from economies in the Arab World 1.3% (2023)
- Merchandise imports from high-income economies 52.2% (2023)
Frequently asked questions
- What is binding coverage, manufactured products in Cuba?
- Binding coverage, manufactured products in Cuba was 23.6% in 2022, according to Staff estimates, World Bank (WB).
- What is the highest binding coverage, manufactured products recorded in Cuba?
- The highest recorded value was 27.8% in 1996.
- What is the lowest binding coverage, manufactured products recorded in Cuba?
- The lowest recorded value was 23.5% in 2015.
- How does Cuba rank for binding coverage, manufactured products?
- Cuba ranks 53rd out of 158 countries with data for 2022.
- Is binding coverage, manufactured products rising or falling in Cuba?
- Over the last ten years it is down 2.4%. The long-run trend across the full record is falling.
- Where does this Cuba data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Binding coverage, manufactured products (%). Statizoid updates them automatically from the source API.
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About this data
Binding coverage is the percentage of product lines with an agreed bound rate. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.