est.)
Oil - consumption:
204,000 bbl/day (2004 est.)
Oil - exports:
NA bbl/day (2001)
Oil - imports:
NA bbl/day (2001)
Oil - proved reserves:
259 million bbl (2006 est.)
Natural gas - production:
704 million cu m (2004)
Natural gas - consumption:
704 million cu m (2004)
Natural gas - exports:
0 cu m (2004 est.)
Natural gas - imports:
0 cu m (2004 est.)
Natural gas - proved reserves:
70.79 billion cu m (1 January 2005 est.)
Current account balance:
$-1.218 billion (2006 est.)
Exports:
$2.956 billion f.o.b. (2006 est.)
Exports - commodities:
sugar, nickel, tobacco, fish, medical products, citrus, coffee
Exports - partners:
Netherlands 25.7%, Canada 21%, China 9.9%, Spain 6.8% (2005)
Imports:
$9.51 billion f.o.b. (2006 est.)
Imports - commodities:
petroleum, food, machinery and equipment, chemicals
Imports - partners:
China 14.5%, Spain 13.7%, Canada 8.4%, US 8.3%, Germany 7.2%,
Brazil 5.6%, Italy 5.6%, Mexico 5.1%, Japan 4% (2005)
Reserves of foreign exchange and gold:
$2.618 billion (2006 est.)
Debt - external:
$15.15 billion (convertible currency); another $15-20 billion owed
to Russia (2006 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 (2006), 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withdrawn from circulation; in April 2005 the official exchange rate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:
849,900 (2005)
Telephones - mobile cellular:
134,500 (2005)
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
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