Cuba, officially The republic of Cuba, is an island country of the West Indies, the largest single island of the archipelago, and one of the more-influential states of the Caribbean region. Cuba is a multicultural, largely urban nation, although it has only one major city: Havana. Cuba has a centrally planned economy with increasing opportunities for private business and foreign investment, both of which were recognized in the amended constitution of 2019. Economic Overview - * Bilateral trade at about USD 121M * In 2020, India exported $20.1M to Cuba. The main products that India exported to Cuba Medicaments, moving, scraping, excavating, tamping, compacting, extracting or boring machinery, and Plastic articles. * During the last 25 years the exports of India to Cuba have increased at an annualized rate of 21.1%, from $169k in 1995 to $20.1M in 2020. * In 2020, Cuba exported $61.5M to India. The main products that Cuba exported to India were Petroleum oils and oils obtained from bituminous minerals; crude, lead waste and scrap. * During the last 25 years the exports of Cuba to India have increased at an annualized rate of 11%, from $4.57M in 1995 to $61.5M in 2020.