Monday, June 9, 2014

Cuba: State-Controlled ICT Exports 64.7 Million Small Cigars Thus Far in 2014

According to The Latin American Tribune, Cuba exported 64.7 million machine-made small cigars between January and May 2014, state-controlled Internacional Cubana de Tabacos SA (ICT)  said on Monday (June 9).

Sales of this version of small cigars amounted to about $10 million thus far this year, the official AIN news agency said, citing ICT President Vladimir Rodríguez.

The product is sold in Spain, France, Germany, Britain, Switzerland, Greece, Canada, Argentina, Venezuela, México, Colombia, Chile and some parts of Africa and the Middle East.

COMMENT: Tobacco is the fourth-largest contributor to Cuba’s gdp. The sector employees some 150,000 harvesters on the island.

ICT manufactures seven types of cigar under the famous brand names of Cohiba, Partagas, Romeo y Julieta, and Montecristo, as well as Punch, Guantanamera, Quintero, Belinda and Troya.