Cuba Trade Openness
Trade as % of GDP NE.TRD.GNFS.ZS
Cuba's trade openness was 164.65% in 2025, ranked 23rd globally. This represents a 31.9% increase from 2024. Data from World Bank, covering 1970–2025.
Overview
Cuba's trade openness stood at 164.65% in 2025, a rise of +39.79% from 2024. Based on recent trends, this figure is projected to reach 164.65% by 2025. Cuba ranked 23rd globally.
Cuba's trade openness has undergone significant fluctuations over the past 56 years, with the country's reliance on international trade varying remarkably. At 164.65 in 2025, Cuba's trade openness stands as its highest recorded level, surpassing that of Estonia, its closest peer, at 162.26. This represents a sharp contrast to the 2020 trough of 15.68, a mere five years prior. The current trade openness level of 164.65, ranking #23 globally, signifies a substantial increase in Cuba's engagement with the global economy. This shift is likely a response to the country's efforts to implement economic reforms, aimed at revitalizing its economy and reducing dependence on a single sector. The trajectory of Cuba's trade openness is expected to continue its upward trend, driven by the government's commitment to economic liberalization and its ongoing efforts to attract foreign investment. A significant shift in the country's policy towards greater economic autonomy may alter this trajectory, potentially altering the trajectory of its trade openness.
Data & projection
| Year | Trade Openness | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 216.43% | - | - |
| 2026* trend | 190.54% | - | - |
| 2025* trend | 164.65% | - | - |
| 2025 | 164.65% | +39.79% | #23 |
| 2024 | 124.86% | +4.33% | #122 |
| 2023 | 120.53% | +26.67% | #133 |
| 2022 | 93.86% | +13.84% | #102 |
| 2021 | 80.02% | +64.34% | #97 |
| 2020 | 15.68% | −7.14% | #2 |
| 2019 | 22.82% | −4.26% | #1 |
| 2018 | 27.08% | +0.86% | #2 |
| 2017 | 26.22% | −1.05% | #5 |
| 2016 | 27.27% | −4.34% | #6 |
| 2015 | 31.61% | −7.66% | #8 |
| 2014 | 39.27% | −5.05% | #12 |
| 2013 | 44.32% | −1.54% | #18 |
| 2012 | 45.87% | −1.09% | #21 |
| 2011 | 46.96% | +6.67% | #20 |
Analysis
Cuba's trade openness was 164.65% in 2025, a rise of +39.79% from 2024. Based on trends, estimated 164.65% by 2025.
Frequently Asked Questions
Cuba's trade openness was 164.65% in 2025. Ranked 23rd globally. This represents a 31.9% increase from the previous year.
Cuba's trade openness peaked at 164.65% in 2025.
The lowest trade openness in Cuba was 15.68% in 2020.
Cuba ranks 23rd globally in trade openness as of 2025.
The World Bank indicator code is NE.TRD.GNFS.ZS. Data sourced from World Bank.
Cuba's trade openness is projected to reach 164.65% by 2025 based on trend extrapolation.
The trade openness of Cuba in 2025 was 164.65%. This ranks 23rd in the world.
Cite this page
@misc{historysaid_cuba_trade-openness,
title = {Cuba Trade Openness},
url = {https://historysaid.com/cuba/trade-openness/},
publisher = {HistorySaid},
year = {2026}
}