Merchandise trade as a share of GDP fell 28.1% to 8.32% in Cuba in 2020, according to the National Statistical Office.
Historically, merchandise trade as a share of GDP in Cuba reached an all time high of 63.9% in 1986 and an all time low of 8.32% in 2020. When compared to Cuba's main peers, merchandise trade as a share of GDP in Dominican Republic amounted to 34.8%, 42.8% in Jamaica, 74.3% in Mexico and 18.2% in USA in 2020.
Cuba has been ranked 168th within the group of 168 countries we follow in terms of merchandise trade as a share of GDP, 8 places below the position seen 10 years ago.
| Merchandise Trade (As % of GDP) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
| Belize | % | 69.2% | 61.8% | 60.1% | 60.9% | 58.4% | ||||||||||||||||
| Canada | % | 54.0% | 52.5% | 52.4% | 53.4% | 52.3% | ||||||||||||||||
| Cayman Islands | % | ... | ... | ... | ... | 22.3% | 22.0% | 22.0% | 23.4% | 24.9% | ||||||||||||
| China | % | 35.7% | 32.8% | 33.4% | 33.3% | 32.1% | ||||||||||||||||
| Cuba | % | 17.3% | 13.8% | 13.0% | 13.9% | 11.6% | ... | |||||||||||||||
| Dominican Republic | % | 37.0% | 36.0% | 34.8% | 36.0% | 35.4% | ||||||||||||||||
| Guatemala | % | 45.5% | 41.6% | 41.0% | 41.6% | 40.2% | ||||||||||||||||
| Haiti | % | 30.8% | 31.5% | 32.4% | 35.9% | 38.6% | ||||||||||||||||
| Honduras | % | 92.5% | 85.3% | 86.7% | 87.7% | 83.4% | ||||||||||||||||
| Jamaica | % | 44.1% | 42.4% | 48.1% | 51.7% | 50.8% | ||||||||||||||||
| Japan | % | 28.6% | 25.0% | 27.8% | 29.5% | 27.8% | ||||||||||||||||
| Mexico | % | 67.1% | 71.5% | 72.6% | 75.9% | 73.1% | ||||||||||||||||
| USA | % | 21.0% | 19.8% | 20.3% | 20.8% | 19.7% |
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