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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in circulation: the Cuban peso (CUP), the convertible peso (CUC), and the US dollar (USD), although the dollar is being withdrawn from circulation; in April 2005 the official exchange rate changed from $1 per CUC to $1.08 per CUC (0.93 CUC per $1), both for individuals and enterprises;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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