The government was able to reschedule or regulate its debt with most of the creditors of Paris Club and the European countries: France, Spain, Switzerland, Austria, Italy, Norway, Russia, China, Mexico .. etc. (according to unofficial data, it is estimated that the total external Cuban debt is between 12-15 billion dollars).

Most the means of productions are owned by the state (85%) and most of the economic and social institutions belong to the state.

Import and Export Statistics (2014): 

Import:

Food / fuel / oil and fat materials (of animal and vegatarian origin) / chemicals / manufacturing industries / machinery, equipment and devices, including means of transportation / capital / building and construction materials.

 

Export:

Medical Services and equipment/ medicines and products of biotechnology and other / nickel and other metals / fish / sugar / coffee / cigars and cigar materials.

 

The most important natural resources:

Nickel/ Tobacco/ sugar/ coffee/ tourism/ human resources.

The most important sector for investment in Cuba is the tourism sector, which constitutes the second source of income for Cuba, estimated at about $ 3 billion annually. The tourism project consist on the construction of tourist facilities and hotels with Cuban partners to meet the needs of inbound tourism to Cuba, which amounted to four million tourists in 2016. It includes properties related to golf camps and maritime stations.

The country needs to expand its hotel capacity to accommodate the potential increased tourism flows. It now has 60.500 rooms and it is planned to increase this number to 85.000 by 2020. The tourism authorities focus on the need to build luxury five stars hotels, due to the lack of this category at the present time.