Cuba Trade Balance
External balance on goods and services NE.RSB.GNFS.CD
$702.0M
−$958.9M (-57.7%)
Cuba Trade Balance (1970–2020)
Overview
Cuba's trade balance stood at $702.0M in 2020, a decline of +$958.9M from 2019. Cuba ranked 125th globally.
Data & projection
| Year | Trade Balance | YoY change | Rank |
|---|---|---|---|
| 2020 | $702.0M | −$958.9M | #125 |
| 2019 | $1.7B | −$302.0M | #127 |
| 2018 | $2.0B | −$826.5M | #135 |
| 2017 | $2.8B | +$326.1M | #138 |
| 2016 | $2.5B | +$127.3M | #142 |
| 2015 | $2.3B | −$1.6B | #149 |
| 2014 | $3.9B | +$956.0M | #144 |
| 2013 | $3.0B | −$780.0M | #136 |
| 2012 | $3.8B | +$1.5B | #136 |
| 2011 | $2.2B | −$648.0M | #129 |
| 2010 | $2.9B | +$1.7B | #130 |
| 2009 | $1.2B | +$3.3B | #128 |
| 2008 | $-2.1B | −$3.6B | #57 |
| 2007 | $1.5B | +$1.4B | #125 |
| 2006 | $116.7M | −$1.0B | #112 |
Analysis
Cuba's trade balance was $702.0M in 2020, a decline of −$958.9M from 2019.
Frequently Asked Questions
What is Cuba's trade balance?▾
Cuba's trade balance was $702.0M in 2020. Ranked 125th globally. This represents a 57.7% decrease from the previous year.
What was the highest trade balance in Cuba?▾
Cuba's trade balance peaked at $3.9B in 2014.
What was the lowest trade balance in Cuba?▾
The lowest trade balance in Cuba was $-3.7B in 1989.
How does Cuba rank in trade balance?▾
Cuba ranks 125th globally in trade balance as of 2020.
What is the World Bank indicator code for trade balance?▾
The World Bank indicator code is NE.RSB.GNFS.CD. Data sourced from World Bank.
What is Cuba's trade balance in million?▾
Cuba's trade balance was approximately 702 million ($702.0M) in 2020.
What is the trade balance of Cuba in 2020?▾
The trade balance of Cuba in 2020 was $702.0M. This ranks 125th in the world.
Cite this page
APA
Cuba Trade Balance. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/cuba/trade-balance
BibTeX
@misc{historysaid_cuba_trade-balance,
title = {Cuba Trade Balance},
url = {https://historysaid.com/cuba/trade-balance},
publisher = {HistorySaid},
year = {2026}
}