Could the US oil blockade snuff out the Cuban cigar?
Despite record revenue of nearly $827 million in 2024, Cuba's famed cigar industry faces significant challenges that threaten its future. The U.S.

Briefing Summary
AI-generatedDespite record revenue of nearly $827 million in 2024, Cuba's famed cigar industry faces significant challenges that threaten its future. The U.S. embargo, in place since the Cuban Revolution, has long restricted access to the lucrative American market, bolstering the cigars' exclusivity. However, recent supply-side shocks, including Hurricane Ian in 2022 which damaged tobacco curing barns, and heavy rains, have severely impacted tobacco production. Consequently, exports have plummeted, from 93.9 million cigars in 2018 to just 50 million in 2024. These factors, coupled with logistical slowdowns, have led to reduced shipments and concerns about the long-term viability of the industry, despite ongoing international demand.
Article analysis
Model · rule-basedKey claims
5 extracted"International logistics have slowed down the delivery of cigars," but "stocks are available".
In 2024, the island exported 50 million cigars, little more than half of the 93.9 million shipped abroad in 2018.
Hurricane Ian damaged as many as 90 percent of Pinar del Rio’s tobacco curing barns in September 2022.
Cuban cigars are illegal in the US due to a longstanding embargo.
In 2024, the Cuban government reported nearly $827m in revenue from cigar sales.