Products Imported from China to Cuba

In the calendar year of 2023, China exported goods worth US$404 million to Cuba. Among the main exports from China to Cuba were Rubber Tires (US$12.4 million), Video Displays (US$10.2 million), Motorcycles and cycles (US$9.91 million), Cars (US$9.87 million) and Refrigerators (US$8.83 million). Over the span of 28 years, China’s exports to Cuba have grown steadily at an annualized rate of 3.83%, rising from US$146 million in 1995 to US$404 million in 2023.

List of All Products That Were Imported from China to Cuba

The table below presents a comprehensive list of all commodities that were exported from China to Cuba in 2023, categorized by product types, and ranked by their trade values in US dollars.

Tips to use this table

1. Identifying High-Demand Products: Analyze the top-ranked products to identify which items have the highest trade values. These products are likely to be in high demand in the Cuba market, presenting lucrative opportunities for importers and resellers.
2. Niche Market Exploration: Explore products with significant trade values that may not be commonly known. These niche products could represent untapped market segments with less competition, allowing resellers and importers to carve out a unique position in the market.

Last Updated: April, 2024

Note #1: The HS4 code, or Harmonized System 4-digit code, is part of the Harmonized Commodity Description and Coding System (HS). It’s an internationally standardized system for classifying goods in international trade.

Note #2: This table is regularly updated on an annual basis. Therefore, we encourage you to revisit frequently to access the latest information regarding trade between China and Cuba.

Trade Agreements between China and Cuba

China and Cuba have developed a strong and cooperative relationship over the years, underpinned by various trade agreements and economic cooperation frameworks. These agreements have bolstered both nations’ economic and political ties, emphasizing mutual benefit and development. Here are some key agreements between the two countries:

1. Comprehensive Strategic Partnership (2014) – China and Cuba elevated their relationship to a Comprehensive Strategic Partnership in 2014. This agreement not only reinforced political ties but also set a broad framework for deeper economic, trade, and investment cooperation.
2. Economic Cooperation Agreements – Over the years, China and Cuba have signed multiple economic cooperation agreements aimed at enhancing trade and investment flows. These agreements typically focus on sectors such as agriculture, renewable energy, technology, and infrastructure development, fostering bilateral trade and facilitating technological and knowledge transfer.
3. Bilateral Investment Treaty (BIT) (1995) – Signed in 1995, this treaty aims to promote and protect investments between the two countries, offering a stable and secure environment for investors and reducing the risks associated with foreign investments.
4. Double Taxation Avoidance Agreement (DTAA) (1995) – This treaty, also signed in 1995, helps prevent double taxation and tax evasion, making it easier and more financially viable for businesses to operate in both countries. This agreement facilitates smoother financial operations and investment.
5. Participation in the Belt and Road Initiative (BRI) – Although Cuba is not formally a part of China’s Belt and Road Initiative, the economic cooperation resulting from their bilateral agreements aligns with the BRI’s goals of enhancing infrastructure and connectivity. This indirect participation helps Cuba benefit from increased Chinese involvement in infrastructure projects.
6. Cultural and Educational Exchanges – Alongside economic agreements, China and Cuba have established various cultural and educational exchange programs, enhancing mutual understanding and cooperation. These programs often lead to collaborations in science, technology, and education, further deepening ties between the two nations.

Through these agreements and initiatives, China and Cuba continue to strengthen their economic and diplomatic relations, ensuring mutual growth and cooperation in multiple sectors.