Overall, Cuban exports declined in value by 16.8% over the 5-year period.
Please note that this analysis is at the 2-digit Harmonized Tariff System code level, which is better for looking at trends as opposed to uncovering opportunities at the more micro 8-digit code level.
Fastest-Growing Cuban Export Products
Listed below in descending order are the fastest-growing Cuban export products sorted by the percentage increase in a product category’s value from 2010 to 2014. Also shown is each category’s dollar value in 2014.
- Other base metals: Up by 69,900% (US$2.8 million)
- Meat: Up by 20,500% ($412,000)
- Railway, tram equipment: Up by 1,246% ($175,000)
- Rubber: Up by 1,144% ($311,000)
- Gems, precious metals, coins: Up by 607.9% ($8.7 million)
- Aircraft, spacecraft: Up by 410.7% ($526,000)
- Other base metal goods: Up by 384.3% ($431,000)
- Gums, resins: Up by 378.6% ($560,000)
- Wood: Up by 272.2% ($38.8 million)
- Other chemical goods: Up by 268.6% ($17.1 million)
- Iron or steel products: Up by 187.5% ($3.1 million)
- Cocoa: Up by 171.3% ($3.8 million)
- Medical, technical equipment: Up by 147.0% ($5.2 million)
- Furniture, lighting, signs: Up by 131.4% ($3.6 million)
- Raw hides excluding furskins: Up by 117.4% ($5.3 million)
Cobalt mattes and other cobalt products and items (including cobalt waste and scrap) led other base metals to its first-place finish.
Fresh, chilled or frozen chicken represent the top gainer for the second-place meat category.
Cargo containers used in multiple transportation modes propelled railway and tram equipment to its third-place finish.
New rubber tires also posted significant sales increases for Cuban exporters.
See also Cuba’s Top 10 Exports, Russia’s Top Import Partners and Sugar Exports by Country
The World Factbook, Field Listing: Exports, Central Intelligence Agency. Accessed on Septembe r 13, 2015
Trade Map, International Trade Centre, www.intracen.org/marketanalysis. Accessed on Septembe r 13, 2015