China / Cuba

Overview In July 2024, China exported $53.8M and imported $31.2M from Cuba, resulting in a positive trade balance of $22.6M. Between July 2023 and July 2024 the exports of China have increased by $18.8M (53.7%) from $35M to $53.8M, while imports increased by $5.19M (19.9%) from $26M to $31.2M.

Trade In July 2024, the top exports of China to Cuba were Coated Flat-Rolled Iron ($8.2M), Plastic Lids ($1.58M), Motorcycles and cycles ($1.25M), Light Fixtures ($1.21M), and Electric Generating Sets ($1.2M). In July 2024 the top imports of China from Cuba were Nickel Mattes ($21.2M), Precious Metal Ore ($4.45M), Zinc Ore ($3.18M), Crustaceans ($2.66M), and Inorganic Salts ($426k).

Origins In July 2024 the exports of China were mainly from Beijing ($11.9M), Guangdong Province ($7.63M), Zhejiang Province ($7.59M), Shandong Province ($5.87M), and Fujian Province ($4.7M), while imports destinations were mainly Guangxi Zhuang Autonomous Region ($8.38M), Beijing ($7.87M), Jiangxi Province ($6.4M), Shanxi Province ($3.25M), and Jiangsu Province ($1.8M).

Growth In July 2024, the increase in China's year-by-year exports to Cuba was explained primarily by an increase in product exports in Coated Flat-Rolled Iron ($8.16M or 20.1k%), Plastic Lids ($1.02M or 179%), and Large Construction Vehicles ($956k or 1.48k%). In July 2024, the increase in China's year-by-year imports  from Cuba was explained primarily by an increase in product imports  in Nickel Mattes ($5.97M or 39.1%), Precious Metal Ore ($3.15M or 243%), and Inorganic Salts ($192k or 82.2%).