More than 80% of all food consumed in Cuba is imported due to a drastic decline in the country’s farm output since 2001.
Tourism and family remittances are the main source of foreign exchange in Cuba.
Cuba exports the services of its doctors and health personnel to other countries.
Cuba's trading gap with Venezuela has jumped by 575% from $706 million in 2002 to $4.06 billion in 2008.
Venezuela, which supplies subsidized oil to Cuba, is the latter’s main trading partner and accounts for nearly 27% of the total foreign trade of the island nation.
China is also a major trading partner of Cuba and accounts for 12% of its foreign trade.
The US is Cuba’s main food supplier and the trade deficit between the two countries continues to grow, since a trade embargo bans all Cuban exports to the US. Also all US exports to Cuba need to paid for in cash.
The Netherlands and Canada are major purchasers of nickel from Cuba.
Cuba’s deficit with its top 20 trading partners has widened in recent years.