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Showing research about Cuba

20170614-cuba-imports

Ranchers May Carry the Can for Cuba Policy Reversal

President Donald Trump may announce an updated trade policy for the U.S. towards Cuba on June 16. The move does not come at an opportune time for Cuba. Its annual trade deficit of $2 billion, with five countries analyzed by Panjiva, has fallen from $2.7 billion a year earlier. That is in part ... Read more →

20170530-cuba-exports

Sugar Tax Matters More Than Trump for Cuban Exports

The administration of President Donald Trump is close to announcing the results of its review of trade policy toward Cuba. This will likely see restrictions on trade rather than breaking off diplomatic relations. The impact on Cuba’s export economy will be minimal. Shipments to the U.S. were e... Read more →

20170201-cuba-exports-to

Cuban Trade Struggling – Blame Sugar, Not Trump

Cuba’s trade outlook may be less certain under President Trump than President Obama. Yet, the Cuban goods deficit already likely increased 43% in November vs. October, based on Panjiva analysis of trade with five countries. At $253 million it was the highest deficit since October 2015. This wa... Read more →

20161223-cuba

Cuban Imports Down at Heel After China Purchases Drop

Cuba may be starting to tighten its belt. Imports in October from five key counterparties fell 25% on a year earlier, Panjiva analysis shows. This was the sixth straight decline and resulted from a 29% slump in purchases from China, led mostly by consumer products. Imports from the U.S. jumped... Read more →

20161130-cuba

Cuba’s $200 Million Trade Deficit Question

Fidel Castro’s death raises the question of Cuba’s trade position in the world. Initial comments from President-elect Trump appear hawkish, while China continues to try and build its influence through trade deals in the region. Panjiva analysis of Cuba’s trade with five countries (including th... Read more →

20160927-cuba-150x150

China Wants to Sweeten Cuban Relations

The visit of China’s Prime Minister to Cuba to “deepen” relations may also be a move to ensure China retains and improves its trade relations as the U.S. cuts sanctions. Chinese exports to Cuba dropped 24% on a year earlier in July, and with imports focussed on sugar and nickel there is the ne... Read more →

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