Central & South America
Asia & Middle East
Southeast Asia & Oceania
Cuba followed a socialist economic system since the revolution in 1959. The Cuban regime has updated its economic model to include permitting the private ownership and sale of real estate and new vehicles, allowing private farmers to sell agricultural goods directly to hotels, allowing the creation of non-agricultural cooperatives, adopting a new foreign investment law, and launching a "Special Development Zone" around the Mariel port.
Low rate for such country. One of the reason is problems with petroleum product deliveries from Venezuela
2 parallel currencies: CUP is mostly used by locals. CUC is mostly used by foreigners. Officially 1 CUC = 1$, however in the black market there are fluctuations
High, but stable
English is spoken as a second language in the main urban or touristic areas
High level of corruption
Globartis is the place for you! We are an active player in Central America business and Caribbean import export, especially Caribbean import. We can help you in finding Cuban companies or a Cuban partner in Havana: join now and start doing business in Cuba!
Whether you are looking for Cuba trade or Cuba imports and exports, become a member now for free and grow your company in the Cuba business.