Effects of the US blockade against Cuba in 2011 alone

Campaign News | Sunday, 12 February 2012


Between May 2010 - April 2011 Public health costs were $15 million higher

March 2010 - March 2011 Food costs were $120.3 million higher

Havana Club’s exclusion from the US market cost it an $106.1million last year

Cuba lost $270,000 in payments for honey as a buyer mistakenly did not pay in Euros or Swiss francs

Education lost $881,400 in purchasing school supplies in far off markets

Culture lost estimated revenue of $14.9 million

Sport lost income and incurred higher costs estimated at $1.5 million

Tobacco lost estimated income of $79.9 million

Sugar Lost estimated income of $62million

Transport spent $42 million on 3,000 containers, shipping costs and intermediaries to avoid the blockade

Direct foreign investment losses (estimated in the World Investment report published by UNCTAD) $600.5 million

Finance and banking saw rejected payments alone lose €481,000

Tourism losses estimated at $1,713 million

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