Merchandise exports by the reporting economy in Cuba

Cuba: Merchandise exports by the reporting economy was 853.94 million current US$ in 2023. ◆ Volatile

Latest (2023)
853.94 million current US$
Change on year
down 3.0%
World rank
157th
of 204 countries
All-time high
4.65 billion current US$
in 2007
All-time low
686.12 million current US$
in 1986
Years of data
43
1981–2023

Merchandise exports by the reporting economy in Cuba, 1981–2023

1.0B2.0B3.0B4.0B5.0B1981200220231981: 1.5B current US$1982: 1.3B current US$1983: 1.0B current US$1984: 831.5M current US$1985: 858.5M current US$1986: 686.1M current US$1987: 870.4M current US$1988: 1.2B current US$1989: 1.2B current US$1990: 1.3B current US$1991: 1.1B current US$1992: 1.1B current US$1993: 1.1B current US$1994: 1.4B current US$1995: 1.5B current US$1996: 1.9B current US$1997: 1.7B current US$1998: 1.5B current US$1999: 1.4B current US$2000: 1.7B current US$2001: 1.7B current US$2002: 1.4B current US$2003: 1.7B current US$2004: 2.3B current US$2005: 2.3B current US$2006: 3.4B current US$2007: 4.6B current US$2008: 3.9B current US$2009: 2.8B current US$2010: 3.2B current US$2011: 4.0B current US$2012: 3.7B current US$2013: 3.8B current US$2014: 3.1B current US$2015: 3.1B current US$2016: 2.1B current US$2017: 2.3B current US$2018: 2.3B current US$2019: 2.1B current US$2020: 1.7B current US$2021: 2.0B current US$2022: 880.8M current US$2023: 853.9M current US$

Source: Staff estimates, World Bank (WB). Measured in current US$.

Analysis

In 2023, merchandise exports by the reporting economy in Cuba stood at 853.94 million current US$.

The figure is down 3.0% on the previous year and down 77.5% over ten years.

Over the whole period, merchandise exports by the reporting economy in Cuba peaked at 4.65 billion current US$ in 2007 and was at its lowest, 686.12 million current US$, in 1986.

Cuba ranks 157th of 204 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1980s 1.05 billion current US$ 686.12 million current US$ 1.46 billion current US$ 9
1990s 1.41 billion current US$ 1.05 billion current US$ 1.95 billion current US$ 10
2000s 2.58 billion current US$ 1.41 billion current US$ 4.65 billion current US$ 10
2010s 2.98 billion current US$ 2.06 billion current US$ 4.03 billion current US$ 10
2020s 1.35 billion current US$ 853.94 million current US$ 1.96 billion current US$ 4

Countries ranked near Cuba

  1. 154 Lesotho 957.67 million current US$ compare
  2. 155 Haiti 953.29 million current US$ compare
  3. 156 Marshall Islands 952.80 million current US$ compare
  4. 158 Fiji 732.24 million current US$ compare
  5. 159 Bhutan 703.02 million current US$ compare
  6. 160 Montenegro 689.83 million current US$ compare

See the full ranking of 252 places →

More private sector data for Cuba

All data for Cuba →

Frequently asked questions

What is merchandise exports by the reporting economy in Cuba?
Merchandise exports by the reporting economy in Cuba was 853.94 million current US$ in 2023, according to Staff estimates, World Bank (WB).
What is the highest merchandise exports by the reporting economy recorded in Cuba?
The highest recorded value was 4.65 billion current US$ in 2007.
What is the lowest merchandise exports by the reporting economy recorded in Cuba?
The lowest recorded value was 686.12 million current US$ in 1986.
How does Cuba rank for merchandise exports by the reporting economy?
Cuba ranks 157th out of 204 countries with data for 2023.
Is merchandise exports by the reporting economy rising or falling in Cuba?
Over the last ten years it is down 77.5%. The long-run trend across the full record is volatile.
Where does this Cuba data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports by the reporting economy (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Merchandise exports by the reporting economy (current US$)
Unit
current US$
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
252 places, 13,472 data points, 1960–2023
Last refreshed

Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.