Bilateral trade
Bilateral trade between Cuba and India was around US$300 million in the 1980s. However, following the dissolution of the Soviet Union in 1991 and economic liberalisation in India in the 1990s, bilateral trade between the countries witnessed a sharp decline. Bilateral trade totaled $38.89 million in 2014–15. India's exports to Cuba stood at $37.32 million, while imports amounted to $1.57 million. The main commodities exported from India to Cuba are pharmaceutical products, organic chemicals, plastic and rubber articles, machinery and mechanical appliances. The main commodities Cuba exports to India are tobacco products including cigars, raw hides and skins, and leather.