Like all its other multitudinous failures, the dictatorship of Raul Castro in Cuba is hiding the collapse of the country’s foreign trade.
Cuba hiding collapse of its foreign trade
According to the firm Trade, which conducts analysis on the international export trade, Cuba reduced its imports of consumer goods and raw materials by 75% while its exports only reached half the totals achieved in 2011.
According to statistical analyses from COMEX, imports to Cuba fell by $6.1 billion dollars in 2011 to only $1.8 billion this past year with no compensation from domestic production to offset the reduction.
Read the entire report (in Spanish) HERE.