North America ยท Country profile
Cuba
India-Cuba trade corridor: $14.7B bilateral trade, $4.3B FDI into India.
$14.7B
Trade with India
+9.2% YoY
$332.0B
GDP
Nominal
$4.3B
FDI into India
Cumulative
+$0.3B
Trade balance
India surplus
Top exports to Cuba
- Pharmaceuticals
- Textiles and apparel
- Auto components
Top imports from Cuba
- Crude oil and LNG
- Coal and coke
- Copper and ores
Trade corridor with India
2025: $14.7B ยท 5-yr CAGR 11.5%
Goods trade in USD billion, illustrative demo figures.
Latest Cuba stories
Trade3h ago5 min read
India-Cuba bilateral trade hits a new quarterly high
FDI6h ago6 min read
Cuba investors commit fresh capital to Indian manufacturing
Policy9h ago7 min read
Revised tariff schedule for India-Cuba goods notified
Technology12h ago3 min read
India and Cuba deepen cooperation on digital and AI standards
Policy and tariff watch
| Measure | Change | Status | Date | Alert |
|---|---|---|---|---|
| Import duty on engineering goods | 2% to 2% | In force | Jan 2026 | |
| Rules of origin certification | Digital certificates mandatory | Notified | Mar 2026 | |
| Pharma regulatory recognition | Mutual recognition under review | Consultation | Jun 2026 | |
| Agri products SPS standards | Revised residue limits | Proposed | Sep 2026 | |
| Trade agreement round | Round 5 of negotiations | Negotiating | Dec 2026 |
Upcoming events and delegations
Forum
India-Cuba Business Forum
Nov 2026 ยท New Delhi
Delegation
Trade delegation to Cuba
Jan 2027 ยท Cuba
Buyer meet
Cuba buyers-sellers meet
Feb 2027 ยท Mumbai
Policy
Joint working group on market access
Apr 2027 ยท Virtual
Opportunity sectors
๐ฐS18Drinking Water & Sanitation Engineering24% projected demand growthโกS23Energy & Sustainability16% projected demand growth๐S28Fisheries, Animal Husbandry12% projected demand growth๐ฅS33Health and Family Welfare10% projected demand growth๐ญS38Manufacturing20% projected demand growth๐ข๏ธS43Petrochemicals14% projected demand growth