Overall, Cuba has a high trade deficit, which means that imports clearly exceed exports. However, the service sector (tourism, health care) ensures an almost balanced current account. The country’s hopes lie in biotechnology, in developing its own offshore oil fields, in tourism and in the health sector. Cuba can hardly […]

With 110,800 square kilometers (around a third of the area of ​​Germany) and 11.2 million residents (as of 2103), Cuba is the largest and most populous island in the Caribbean. It belongs to the Greater Antilles and is only separated from the USA by the Florida Strait, which is a […]