2022
Exports
$280kWorld Rnk 151 / 221
Flag Rnk 48 / 414
2022
PRODUCT COMPLEXITY IN Excavation Machinery
0.96Rnk 185 / 1025
2022
Imports
$30.6MWorld Rnk 112 / 224
Flag Rnk 17 / 1004

About

Exports In 2022, Cuba exported $280k in Excavation Machinery, making it the 151st largest exporter of Excavation Machinery in the world. At the same year, Excavation Machinery was the 48th most exported product in Cuba. The main destination of Excavation Machinery exports from Cuba are: Netherlands ($243k), Cote d'Ivoire ($29.7k), France ($3.76k), Denmark ($3.39k), and Belgium ($141).

The fastest growing export markets for Excavation Machinery of Cuba between 2021 and 2022 were Netherlands ($222k), Cote d'Ivoire ($29.7k), and France ($3.76k).

Imports In 2022, Cuba imported $30.6M in Excavation Machinery, becoming the 112th largest importer of Excavation Machinery in the world. At the same year, Excavation Machinery was the 17th most imported product in Cuba. Cuba imports Excavation Machinery primarily from: Spain ($15.4M), Netherlands ($6.11M), China ($6M), Canada ($1.73M), and Italy ($595k).

The fastest growing import markets in Excavation Machinery for Cuba between 2021 and 2022 were Spain ($6.22M), Italy ($217k), and South Korea ($187k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Excavation Machinery. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$280k
IMPORTS (2022)$30.6M
NET TRADE (2022)-$30.4M

In 2022, Cuba exported $280k in Excavation Machinery. The main destinations of Cuba exports on Excavation Machinery were Netherlands ($243k), Cote d'Ivoire ($29.7k), France ($3.76k), Denmark ($3.39k), and Belgium ($141).

In 2022, Cuba imported $30.6M in Excavation Machinery, mainly from Spain ($15.4M), Netherlands ($6.11M), China ($6M), Canada ($1.73M), and Italy ($595k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Excavation Machinery EXPORT MARKETS FOR Cuba WERE (2021 - 2022):
Netherlands$222k (1.03k%)
Cote d'Ivoire$29.7k (1%)
France$3.76k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Excavation Machinery BY Cuba WERE (2021 - 2022):
Czechia-$49.4k (-100%)
Spain-$8.31k (-100%)
Nigeria-$5.84k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Cuba's main exporting competitors in Excavation Machinery were:
In 2022, Cuba's main importing competitors in Excavation Machinery were:

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Trade Value of Excavation Machinery by Exporters

Potential Exports

Potential Exports

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Excavation Machinery’s highest export potential is N/A. With an export gap of N/A.   Excavation Machinery’s highest import potential is N/A with an import gap of N/A.

See methodology.

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