rts:
0 cu m (2001 est.)
Natural gas - imports:
0 cu m (2001 est.)
Natural gas - proved reserves:
42.62 billion cu m (1 January 2002)
Current account balance:
$-185.1 million (2004 est.)
Exports:
$2.104 billion f.o.b. (2004 est.)
Exports - commodities:
sugar, nickel, tobacco, fish, medical products, citrus, coffee
Exports - partners:
Netherlands 22.7%, Canada 20.6%, China 7.7%, Russia 7.5%, Spain
6.4%, Venezuela 4.4% (2004)
Imports:
$5.296 billion f.o.b. (2004 est.)
Imports - commodities:
petroleum, food, machinery and equipment, chemicals
Imports - partners:
Spain 14.7%, Venezuela 13.5%, US 11%, China 8.9%, Canada 6.4%,
Italy 6.2%, Mexico 4.9% (2004)
Reserves of foreign exchange and gold:
$738.6 million (2004 est.)
Debt - external:
$12.09 billion (convertible currency); another $15-20 billion owed
to Russia (2004 est.)
Economic aid - recipient:
$68.2 million (1997 est.)
Currency (code):
Cuban peso (CUP) and Convertible peso (CUC)
Currency code:
CUP (nonconvertible Cuban peso) and CUC (convertible Cuban peso)
Exchange rates:
Convertible pesos per US dollar - 0.93
note: Cuba has three currencies in circulation: the Cuban peso
(CUP), the convertible peso (CUC), and the US dollar (USD), although
the dollar is being withdrawn from circulation; in April 2005 the
official exchange rate changed from $1 per CUC to $1.08 per CUC
(0.93 CUC per $1), both for individuals and enterprises; individuals
can buy 24 Cuban pesos (CUP) for each CUC sold, or sell 25 Cuban
pesos for each CUC bought; enterprises, however, must exchange CUP
and CUC at a 1:1 ratio.
Fiscal year:
calendar year
Communications Cuba
Telephones - main lines in use:
574,400 (2002)
Telephones - mobile cellular:
17,900 (2002)
Telephone system:
general assessment: greater investment beginning in 1994 and the
establishment of a new Ministry of Information Technology and
Communications in 2000 has resulted in improvements in the system;
wireless service is expensive and remains restricted to foreigners
and regime elites, many Cubans procure wireless service illegally
with the help of foreigners
domestic: national fiber-optic system under development; 85% of
switches digitized by end of 2004; telephone line density remains
low, at 10 per 100 inhabitants; domestic cellular service expanding
international: country code - 53; fiber-opt
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