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Cuba is the 138th largest export economy in the world and the 75th most complex economy according to the Economic Complexity Index (ECI). In 2017, Cuba exported $1.41B and imported $6.21B, resulting in a negative trade balance of $4.8B. In 2017 the GDP of Cuba was $96.9B and its GDP per capita was $8.43k.

The top exports of Cuba are Raw Sugar ($514M), Rolled Tobacco ($264M), Nickel Mattes ($140M), Hard Liquor ($109M) and Crustaceans ($78.1M), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Poultry Meat ($246M), Refined Petroleum ($243M), Crude Petroleum ($208M), Wheat ($176M) and Concentrated Milk ($164M).

The top export destinations of Cuba are China ($379M), Spain ($184M), Germany ($82.3M), Indonesia ($55.4M) and Singapore ($52.4M). The top import origins are China ($1.35B), Spain ($1.01B), Mexico ($356M), Algeria ($353M) and Brazil ($345M).

Cuba is an island and borders the Bahamas, the Cayman Islands, Honduras, Haiti, Jamaica, Mexico and the United States by sea.

Economic Complexity of Cuba

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