What are Cuba's major imports and exports?
Credit: Paul Harris AWL Images Getty Images
Q:

What are Cuba's major imports and exports?

A:

Quick Answer

Cuba's major imports are refined petroleum, packaged medicaments, wheat, corn and soybean meal, and the country's top exports are nickel mattes, raw sugar, refined petroleum, packaged medicaments and rolled tobacco. Cuba also exports citrus, coffee and fish, as well as the services of its doctors and other health care personnel. Other top imports include machinery, equipment and chemicals.

  Know More

Full Answer

Thirty-two percent of Cuba's exported goods are sent to China. The other main recipients of Cuba's exports are Venezuela, the Netherlands, Canada, Spain and Brazil. The top five countries that import to Cuba are Brazil, China, Venezuela, Algeria and the United States.

The Cuban economy is significantly dependent upon imported goods. More than 80 percent of the food consumed in Cuba is imported.

Cuba's trade deficit with the majority of its trading partners is widening as the country increases the amount of goods imported without simultaneously increasing the amount of exports. This trade deficit is especially apparent with the United States, Cuba's primary food supplier. The trade deficit between the two countries continues to grow, since a trade embargo by the U.S. government bans all Cuban exports to the United States and all U.S. exports to Cuba require a payment in cash.

Learn more about Economics

Related Questions

  • Q:

    What are the major imports and exports of India?

    A:

    As of 2014, the major exports from India are engineering goods, refined petroleum, gems, jewelry, chemicals, agricultural products and textiles. As of 2012, the major Indian imports were crude petroleum, gold, coal briquettes, diamonds and petroleum gas. India's main export partners are the United States, the United Arab Emirates, China, Singapore and the Netherlands.

    Full Answer >
    Filed Under:
  • Q:

    What are the imports and exports of Monaco?

    A:

    Monaco exports textiles, manufactured products and art products. The principality imports food, chemicals and transportation products. Monaco's import industry is smaller than its export industry. As of 2014, the area's largest trading partners were countries in the European Union. Monaco also trades with the United States and China.

    Full Answer >
    Filed Under:
  • Q:

    What does Argentina import and export?

    A:

    The top five products exported by Argentina are soybean meal, corn, soybean oil, cars and delivery trucks. The top five imports of the country are cars, petroleum gas, vehicle parts, refined petroleum and telephones.

    Full Answer >
    Filed Under:
  • Q:

    What does Bulgaria export?

    A:

    As of 2015, the bulk of Bulgaria's exports is made up of refined petroleum, refined and unrefined copper, wheat, chemicals and manufactured items such as footwear, clothing, machinery and medical equipment. Other commodities exported on a smaller scale include sunflower seeds, metal ores, rolled tobacco, corn, carbonates and iron.

    Full Answer >
    Filed Under:

Explore