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US$ 1.04mn
FDI equity inflows into India from Apr 2000 to March 2021

US$ 27.57mn

bilateral trade value for 2021-2022

200
Overseas Indians living in Cuba

Concurrent Accreditation The Mission in Cuba also handles India's bilateral relations with Dominican Republic and Haiti

World's 2nd largest

mineral reserves of nickel

World's 5th largest

producer of refined cobalt, a by-product of nickel mining operations

Secure and transparent legal framework

along with political, social and legal stability

India's Exports and Imports to Cuba

Country / Region:  CUBA

Dated: 23/01/2023
Values in US $ Millions

S.No. \Year 2017-2018 2018-2019 2019-2020 2020-2021 2021-2022
1. EXPORT 41.80 35.00 47.51 20.33 26.57
2. %Growth -16.27 35.73 -57.20 30.68
3. India’s Total Export 303,526.16 330,078.09 313,361.04 291,808.48 422,004.40
4. %Growth 8.75 -5.06 -6.88 44.62
5. %Share 0.01 0.01 0.02 0.01 0.01
6. IMPORT 2.06 3.80 3.53 69.44 1.00
7. %Growth 84.95 -7.10 1,864.74 -98.57
8. India’s Total Import 465,580.99 514,078.42 474,709.28 394,435.88 613,052.05
9. %Growth 10.42 -7.66 -16.91 55.43
10. %Share 0.00 0.00 0.00 0.02 0.00
11. TOTAL TRADE 43.86 38.81 51.04 89.77 27.57
12. %Growth -11.52 31.54 75.86 -69.29
13. India’s Total Trade 769,107.15 844,156.51 788,070.32 686,244.36 1,035,056.45
14. %Growth 9.76 -6.64 -12.92 50.83
15. %Share 0.01 0.00 0.01 0.01 0.00
16. TRADE BALANCE 39.75 31.20 43.98 -49.10 25.58
17. India’s Trade Balance -162,054.83 -184,000.33 -161,348.24 -102,627.40 -191,047.65

Invest in Cuba

+53-72144340

Visit Website

512 10th St. b/ 31st and 5th Av. Havana, Cuba

Embassy of India, Havana

sspol.havanamea.gov.in

+537 8333777

Visit Website

Calle 21, No.202
Esquina a K, Vedado, Plaza
Havana, Cuba

Opportunities

Agricultural exports

    Cuts & edible offal of species Gallus domesticus, frozen (020714)
    Meat of swine (excl. carcasses/half-carcasses/hams/shoulders & cuts thereof ), froxen (020329)

    agriexchange.apeda.gov.in

    Maize (corn), other than seed (100590)
    Wheat other than durum wheat; meslin (100190)
    Wheat/meslin flour (110100)

    agriexchange.apeda.gov.in

    Milk in powder/granules/oth. solid form, fat content by wt. not >1.5% (040210)
    Milk in powder/granules/oth. solid form, unsweetened, fat content by wt. >1 … (040221)

    agriexchange.apeda.gov.in

    Durum wheat (100110)

    agriexchange.apeda.gov.in

    Kidney beans, incl. white pea beans (Phaseolus vulgaris), dried, shelled, w … (071333)

    agriexchange.apeda.gov.in

    Broken rice (100640)

    agriexchange.apeda.gov.in
Minerals

Priority Sectors

Here are the leading sectors of opportunities for foreign investors

Top Import/ Export Items

India's top import from Cuba
  • Pharmaceutical products
  • Tobacco items
  • Raw hides and skins
  • Fertilizers
India's top export to Cuba
  • Pharmaceutical products
  • Organic chemicals
  • Plastic & rubber articles
  • Machinery and mechanical appliances
  • Medical equipment
  • Textiles
  • Minerals

Bilateral Investors

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