Among the most important imports are mineral fuels and lubricants, foods, machinery and transport equipment, and chemicals. Cuba’s main trading partners include Venezuela, China, Spain, Canada, Mexico, Brazil, and the Netherlands.

What food does Cuba import?

Significant sources of imported food include Vietnam (rice), Brazil (rice, soybean oil, and chicken), Argentina (rice), Canada and France (wheat), Russia (soybean oil) and the United States (soybean oil and chicken).

How much does Cuba import?

Imports of goods and services (current US$) In 2018, Cuba exported $14.5 billion and imported $12.6 billion, resulting in a positive trade balance of $1.9 billion. In 2006, Cuba’s largest export sector was Miscellaneous, with 66.82% of total exports.

What are Cuba’s top 3 imports?

Cuba’s main imports are machinery, food and fuel products, while its major exports are refined fuels, sugar, tobacco, nickel and pharmaceuticals.

Who are the main importers of food to Cuba?

Cuba mainly imports food, cereals, fuel, diesel engines, vehicles, motor parts and vegetable oils. Cuba’s main imports partners are Venezuela, China, Spain, Brazil, the United States, Mexico, Canada, Italy, Germany, Vietnam and Russia.

How much does Cuba export to the world?

Cuba: Exports And Imports. Cuba, the 140th largest export economy in the world, exports $1.74 Billion, and imports $5.91 Billion, worth of goods annually.

How is the Cuban economy dependent on imports?

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.

Are there any restrictions on imports to Cuba?

The Cuban government has recently loosened some restrictions on foreign investment, and it has been actively seeking investment in areas it believes will eventually allow Cuba to substitute its own products for foreign imports, such as agricultural products and light manufacturing.