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Cuba Exports (% GDP)

Cuba's exports (% GDP) rose to 43.52% in 2023, up from 40.49% in 2022, according to World Bank. This represents an increase of 3.03% from the previous year. Cuba has exports (% GDP) higher than the global median (43.52% vs median 37.25%). Compared with the median in Americas, Cuba is higher (43.52% vs regional median 36.99%) and ranks 10th out of 32 countries in Americas.

Cuba's imports (% GDP) rose to 64.62% in 2023, up from 53.37% in 2022.

Yearly Historical Data (1970-2023)

(in %)
Year Exports (% GDP)
2023 43.52%
2022 40.49%
2021 34.89%
2020 8.17%
2019 12.21%
2018 14.52%
2017 14.55%
2016 14.98%
2015 17.15%
2014 22.08%
2013 24.1%
2012 25.51%
2011 25.1%
2010 22.57%
2009 17.46%
2008 20.57%
2007 20.34%
2006 18.71%
2005 21.02%
2004 16.02%
2003 12.95%
2002 11.53%
2001 13.23%
2000 14.13%
1999 14.54%
1998 14.25%
1997 14.92%
1996 15.31%
1995 13.4%
1994 13.24%
1993 13.19%
1992 16.92%
1991 21.93%
1990 30.24%
1989 31.16%
1988 32.03%
1987 32.9%
1986 31.73%
1985 33.71%
1984 32.31%
1983 32.53%
1982 32.64%
1981 32.58%
1980 32.75%
1979 32.56%
1978 32.61%
1977 32.63%
1976 32.63%
1975 32.64%
1974 32.61%
1973 32.62%
1972 32.63%
1971 32.63%
1970 32.63%
Cuba Exports (% GDP) : Definition
Exports (% GDP) measures the value of goods and services sold abroad by Cuba compared to its total economic output.
Indicator Last Value Prior Value Period
Annual Exports $2.17B $1.97B 2022
Annual Imports $9.83B $8.43B 2022
Imports (% GDP) 64.62% 53.37% 2023
Tariff Rate 10.6% 10.44% 2022
Trade (% GDP) 108.14% 93.86% 2023