Opportunities for US leather products in Cuba
22/04/2016
The commission was asked by the US Senate’s finance committee to examine the impact of the current trade relations and any future normalisation between the two countries.
The study estimated that leather product trade and sales (including footwear, handbags and luggage) would increase to at least $900,000 if the US lifted its embargo. If Cuba lifted its trade barrier, leather product imports could potentially reach $1.1 million.
On the whole, USITC suggested that total US manufactured exports could jump from $225 million to $1.6 billion should both the US and Cuba lift trade barriers.
Share this story:
