USITC Releases 449-Page Report On Trade (Potential) With Cuba
/18 April 2016
United States International Trade Commission
Washington, DC
U.S. EXPORTS OF AGRICULTURAL, MANUFACTURED GOODS TO CUBA COULD INCREASE IF U.S. TRADE RESTRICTIONS WERE LIFTED, BUT SIGNIFICANT CUBAN BARRIERS TO FOREIGN TRADE AND INVESTMENT WOULD REMAIN
This report examines Cuban imports of goods and services from 2005 to the present; the effects of U.S. restrictions on trade with and travel to Cuba; and Cuban nontariff measures, institutional and infrastructural factors, and other barriers that may inhibit or otherwise affect the ability of firms to conduct business in and with Cuba. It also presents a qualitative and quantitative sectoral analysis of potential U.S. exports of goods and services to Cuba in the event that U.S. restrictions are lifted and Cuban import barriers are reduced.
The U.S. International Trade Commission (Commission or USITC) conducted this investigation at the request of the U.S. Senate Committee on Finance. To produce this report, the Commission used information from a variety of sources, including publicly available literature and data, interviews and fieldwork, and the Commission’s public hearing. The Commission used qualitative and quantitative measures to analyze the effects of U.S. restrictions and to estimate the potential for increased U.S. exports of goods and services to Cuba in the event that statutory, regulatory, or other trade and travel restrictions are lifted.