The Rational ModerateSearch

Trade by country

Cuba

In 2025, US goods exports to Cuba were $809.6 million and goods imports from Cuba were $17.5 million; exports exceeded imports by $792.0 million.

Goods: the latest figures

2025, full year

Exports
$809.6 million
Imports
$17.5 million
Balance
exports exceeded imports by $792.0 million (a goods trade surplus, in Census's term)
Total goods trade
$827.1 million
Share of US goods trade
0.01%
Rank among partners
No. 109 of 231

Latest 12 months, August 2025 to July 2026

Exports
$1.1 billion
Imports
$13.6 million
Balance
exports exceeded imports by $1.1 billion (a goods trade surplus, in Census's term)
Total goods trade
$1.1 billion
Share of US goods trade
0.02%
Rank among partners
No. 103 of 233

2025 rank among 231 partners with trade that year; 12-month rank among 233.

  • Census basis goods, not seasonally adjusted. Exports are free alongside ship value; imports are general imports (customs value), everything that arrives, including goods entering bonded warehouses and Foreign Trade Zones. Shares and ranks compare total goods trade (exports plus imports) with the same period's world total.
  • US exports include re-exports: foreign goods shipped on in substantially the same condition as when they were imported. Exports are credited to the destination as known to the shipper and imports to the country of origin. The workbook used here does not separate re-exports.

Source: U.S. Census Bureau, Trade in Goods by Country. Monthly data through July 2026; 2025 is the latest full year. Census revises the prior year's country totals each June. Retrieved Sept. 26, 2026.

Goods since 1992

US goods exports to and imports from Cuba, 1992 to 2025

Full years only, in current dollars (not adjusted for inflation).

$0$200M$400M$600M$800M202020212022202320242025

$0$200M$400M$600M$800M20162018202020222024

$0$200M$400M$600M$800M200020102020

Data table
YearExportsImportsBalanceTotalShare of US goods tradeRank
2026 (7 months)$674M$516KExports exceeded imports by $673.5M$674.5M0.02%102
2025$809.6M$17.5MExports exceeded imports by $792M$827.1M0.01%109
2024$585.4M$4.9MExports exceeded imports by $580.5M$590.2M0.01%112
2023$404M$4.1MExports exceeded imports by $399.9M$408.1M0.008%125
2022$371.7M$5.6MExports exceeded imports by $366.2M$377.3M0.007%126
2021$327M$2.9MExports exceeded imports by $324.1M$329.9M0.007%127
2020$176.7M$14.9MExports exceeded imports by $161.8M$191.6M0.005%141
2019$286.5M$2.5MExports exceeded imports by $283.9M$289M0.007%138
2018$271M$1.3MExports exceeded imports by $269.7M$272.3M0.006%145
2017$291.3M$0Exports exceeded imports by $291.3M$291.3M0.007%131
2016$241.8M$0Exports exceeded imports by $241.8M$241.8M0.007%141
2015$185.7M$0Exports exceeded imports by $185.7M$185.7M0.005%145
2014$299.1M$0Exports exceeded imports by $299.1M$299.1M0.008%135
2013$359.6M$0Exports exceeded imports by $359.6M$359.6M0.009%134
2012$464.5M$94KExports exceeded imports by $464.4M$464.6M0.01%120
2011$363.3M$6KExports exceeded imports by $363.3M$363.3M0.010%128
2010$363.1M$347KExports exceeded imports by $362.8M$363.5M0.01%123
2009$532.8M$21KExports exceeded imports by $532.8M$532.8M0.02%104
2008$711.5M$39KExports exceeded imports by $711.5M$711.5M0.02%110
2007$447.1M$262KExports exceeded imports by $446.8M$447.3M0.01%116
2006$340.5M$144KExports exceeded imports by $340.3M$340.6M0.01%119
2005$369M$9KExports exceeded imports by $369M$369M0.01%115
2004$404.1M$40KExports exceeded imports by $404.1M$404.2M0.02%110
2003$259.1M$302KExports exceeded imports by $258.8M$259.4M0.01%119
2002$145.9M$200KExports exceeded imports by $145.7M$146.1M0.008%126
2001$7.2M$0Exports exceeded imports by $7.2M$7.2Mless than 0.001%198 (tied)
2000$7M$300KExports exceeded imports by $6.7M$7.3Mless than 0.001%199
1999$4.5M$600KExports exceeded imports by $3.9M$5.1Mless than 0.001%200
1998$3.6M$0Exports exceeded imports by $3.6M$3.6Mless than 0.001%203 (tied)
1997$9.4M$0Exports exceeded imports by $9.4M$9.4M0.001%193
1996$5.3M$0Exports exceeded imports by $5.3M$5.3Mless than 0.001%198
1995$5.4M$0Exports exceeded imports by $5.4M$5.4Mless than 0.001%200
1994$4.4M$0Exports exceeded imports by $4.4M$4.4Mless than 0.001%199 (tied)
1993$2.4M$0Exports exceeded imports by $2.4M$2.4Mless than 0.001%204
1992$1.3M$0Exports exceeded imports by $1.3M$1.3Mless than 0.001%204 (tied)

Source: U.S. Census Bureau, Trade in Goods by Country. Census Trade in Goods by Country, country.xlsx (columns IYR, EYR) · retrieved Sept. 26, 2026 · 9,217 rows · as of July 2026 · monthly. Download CSV

2026 so far (7 months): exports $674.0 million, imports $516,000; exports exceeded imports by $673.5 million. Not in the chart, because a part year is not comparable with a full one.

Ranks start in 1992; before then the Census workbook covers only 76 partners. Shares start in 1987, the first year with a world total.

Goods by month

US goods exports to and imports from Cuba, by month

The latest 24 months. Not seasonally adjusted, so compare a month with the same month a year earlier.

$0$50M$100M$150MJan. 2025July 2025Jan. 2026July 2026

Data table
MonthExportsImportsBalance
Aug. 2024$55.1M$154KExports exceeded imports by $55M
Sept. 2024$45M$35KExports exceeded imports by $44.9M
Oct. 2024$51.8M$105KExports exceeded imports by $51.7M
Nov. 2024$50.5M$2KExports exceeded imports by $50.5M
Dec. 2024$55.3M$0Exports exceeded imports by $55.3M
Jan. 2025$55.6M$13KExports exceeded imports by $55.5M
Feb. 2025$59.2M$67KExports exceeded imports by $59.2M
March 2025$47.8M$0Exports exceeded imports by $47.8M
April 2025$52.8M$4.3MExports exceeded imports by $48.5M
May 2025$59M$100KExports exceeded imports by $58.9M
June 2025$68.9M$0Exports exceeded imports by $68.9M
July 2025$73.2M$11KExports exceeded imports by $73.2M
Aug. 2025$89.7M$5KExports exceeded imports by $89.7M
Sept. 2025$66.4M$176KExports exceeded imports by $66.2M
Oct. 2025$79.9M$12.7MExports exceeded imports by $67.2M
Nov. 2025$83.6M$40KExports exceeded imports by $83.6M
Dec. 2025$73.3M$122KExports exceeded imports by $73.2M
Jan. 2026$64.9M$40KExports exceeded imports by $64.9M
Feb. 2026$61.7M$0Exports exceeded imports by $61.7M
March 2026$73.5M$152KExports exceeded imports by $73.4M
April 2026$91.4M$201KExports exceeded imports by $91.2M
May 2026$116M$52KExports exceeded imports by $115.9M
June 2026$117.6M$70KExports exceeded imports by $117.5M
July 2026$148.9M$0Exports exceeded imports by $148.9M

Source: U.S. Census Bureau, Trade in Goods by Country. Census Trade in Goods by Country, country.xlsx (columns IJAN..IDEC, EJAN..EDEC) · retrieved Sept. 26, 2026 · 5,923 rows · as of July 2026 · monthly. Download CSV

US goods trade with Cuba, August 2025 to July 2026: each month beside the same month a year earlier
MonthExportsA year earlierChangeImportsA year earlierChange
July 2026$148.9M$73.2M+103.4%$0$11K-100.0%
June 2026$117.6M$68.9M+70.6%$70K$0n/a
May 2026$116M$59M+96.4%$52K$100K-47.7%
April 2026$91.4M$52.8M+73.2%$201K$4.3M-95.3%
March 2026$73.5M$47.8M+53.9%$152K$0n/a
Feb. 2026$61.7M$59.2M+4.2%$0$67K-100.0%
Jan. 2026$64.9M$55.6M+16.9%$40K$13K+220.0%
Dec. 2025$73.3M$55.3M+32.6%$122K$0n/a
Nov. 2025$83.6M$50.5M+65.6%$40K$2K+1823.1%
Oct. 2025$79.9M$51.8M+54.2%$12.7M$105K+12031.7%
Sept. 2025$66.4M$45M+47.8%$176K$35K+397.3%
Aug. 2025$89.7M$55.1M+62.8%$5K$154K-96.9%

Source: U.S. Census Bureau, Trade in Goods by Country. Monthly, August 2024 to July 2026; not seasonally adjusted. Retrieved Sept. 26, 2026.

Services

Services are counted separately from goods, by a different agency, on an annual timetable. They are not added to the goods figures above.

US trade in services with Cuba, 2018 to 2025
YearExportsImportsBalance (exports minus imports)
2025$255M$398MImports exceeded exports by $143M
2024$319M$530MImports exceeded exports by $211M
2023$263M$523MImports exceeded exports by $260M
2022$223M$326MImports exceeded exports by $103M
2021$91M$94MImports exceeded exports by $3M
2020$164M$218MImports exceeded exports by $54M
2019$499M$679MImports exceeded exports by $180M
2018$558M$669MImports exceeded exports by $111M

The balance column is BEA's published balance, which BEA rounds on its own, so it can differ by a million dollars from the exports and imports shown beside it. The 2025 balance is a services trade deficit, in BEA's term.

Source: U.S. Bureau of Economic Analysis, International Services, Table 2.4. Annual, 2018 to 2025, released July 7, 2026; cells exactly as BEA publishes them, marks included. Retrieved Sept. 26, 2026. Download CSV

Direct investment

The value of direct investment at year end, both ways: US companies' stake in businesses in Cuba, and investors in Cuba with a stake in US businesses. Historical cost (book value), not market value.

Direct investment positions, 2020 to 2025
Year endUS direct investment in CubaDirect investment from Cuba in the US
2025$0(*)
2024$0(*)
2023$0(*)
2022$0(*)
2021$0(*)
2020$0(*)
  • (*) A nonzero value that rounds to zero.

BEA assigns each position to the immediate counterpart country, which may not be where the money ends up or where the ultimate owner is. That is why financial centers such as the Netherlands, Luxembourg and Caribbean islands rank high.

Source: U.S. Bureau of Economic Analysis, Direct Investment by Country and Industry. Positions at year end, 2020 to 2025; inward by country of foreign parent; cells exactly as BEA publishes them. Retrieved Sept. 26, 2026. Download CSV

Trade agreements

USTR lists no trade agreement with Cuba.

From USTR's list of free trade agreements in force and its page of agreements on reciprocal trade, in USTR's own wording. USTR's reciprocal trade page does not say whether each agreement is in force, so none is described that way here.

Source: Office of the United States Trade Representative, Free Trade Agreements and Agreements on Reciprocal Trade. Checked Sept. 26, 2026. Retrieved Sept. 26, 2026.

Context

Population, 2025
10.9 million
GDP, current US dollars, 2020
$107.4 billion

Source: The World Bank: World Development Indicators: Population, total (SP.POP.TOTL), UN Population Division and national statistical offices. The World Bank: World Development Indicators: GDP (current US$) (NY.GDP.MKTP.CD), country official statistics, OECD national accounts data files and World Bank staff estimates. License: CC BY 4.0. Most recent value per economy. Retrieved Sept. 26, 2026.

Top products and tariffs

Not shown yet: requires Census data not yet retrieved.