You will be better communicated with your customers and/or suppliers. Our Bicultural Identity is your best connection with Latin America.
You will not have to deal with the difficulties that may arise due to the complexity of the Latin American Market. We know what to do and how to do it for you.
You will be given expert support. Our superior knowledge of the market offers you specialized and cost effective solutions.
You will get a 24/7 faster and reliable service. We are always available and ready to help you expedite your shipments.
CUBA: A changing political environment
Since 1962, the embargo on Cuba has prevented any trade between the US and this small but fruitful nation. For decades since, relations between the two countries had been so disconnected that when communication was warranted, Switzerland acted as moderator between them. The embargo was fueled primarily by The Cuban Revolution and Fidel Castro’s rise to power, including his embrace of Communism, and the eventual “Missile Crisis” (now a long-past chapter in history).
Recent US federal government policy shifts, however, are making slow but steady changes in the areas of easing travel regulations, bolstering imports and exports, and expanding Cubans’ access to the internet. Globally, the Cuba embargo is wildly unpopular, which exerts more pressure on the President’s Office to lift the sanctions in a push towards normalization. Closer to home, a poll conducted in 2015 revealed that an overwhelming 72% of Americans believe the US should end the Cuba embargo.
Many experts, including President Obama, expect that the sanctions may be lifted by Congress in the next presidential term. For the business world, this means that after generations of uncertainty, concerns about security, and even telecommunication barriers, the clouds will finally part. This should result in a big boom, where infrastructure will surely develop, communication lines will open, and more transparency will prevail.
A UNIQUE CORPORATE CULTURE
Cuba can be a different animal when it comes to doing business. For those attempting to transact for the first time, guidance and support will surely be needed, as they need to know what they’re getting into.
As regards Freight Forwarding and Shipping of any kind, there are several guidelines, standard prohibitions and restrictions to consider when sending merchandise to Cuba. Prohibited commodities include everything from animal products to asbestos, gambling devices to plant products, and perishable foods to precious metals. Certain commodities are considered “Non-Document” and need to be accompanied by an invoice and additional customs documentation. Other commodities are considered simply as “Document” and only require a waybill to be completed.
Since the business etiquette is a virtual unknown to North Americans in general, and after years of strained relations, many errors might be made in this delicate new environment. In other words, an understanding of Cuban laws and practices is paramount, especially for first-time ventures. LAC is well versed with the comings and goings in the Cuban marketplace, with its policies and standards –both formal and informal– as well as its legal system. We have collected all information required about transport and logistics laws in Cuba, and proceed accordingly. This avoids the delays and obstacles that less experienced companies face daily.
- Population: 11,179,995 (July 2016)
- Age structure: 0-14 years: 16.7%, 15-24 years: 12.44%, 25-54 years: 44.95%, 55-64 years: 11.27%, 65 years and over: 14.64%
- Capital city: Havana
- The largest urban populations of Cubans are to be found in Havana (2.2 million), Santiago de Cuba (433,000) and Holguin (270,000)
- 76% of its people live in urban areas
- Population density is 102 persons /sq. km
- Native language: Spanish
Cuba is a multi-ethnic nation, home to people of different cultures and backgrounds. Apart from being hard-working, Cubans are known to be sociable, loquacious, friendly, and welcoming people.
The GDP value of Cuba represents 0.13% of the world economy. GDP in Cuba averaged $31.7 USD Billion from 1970 – 2014, reaching an all-time high of $80.66 USD Billion in 2014. It continues to trend upwards, as described below:
Cuba GDP Forecast 2016-2020 – Trading Economics http://www.tradingeconomics.com/cuba/gdp/forecast
CUBA: A MODERN-DAY GOLDRUSH?
Heading into 2017, Cuba represents a relatively untapped market for businesses looking to expand internationally, and could very well offer a giant new revenue stream. Due to its history and unexplored resources by North Americans, this country presents a very unique and unparalleled opportunity. And apart from all the natural resources produced locally for export, the Cuban population will undoubtedly become fast consumers of North American products as well. After generations of being closed off to a large part of the world, the floodgates are about to open, and there is great wealth waiting to be discovered. Don’t get left behind!
Are you considering expanding your business into Cuba in 2017? Need a logistics partner that offers specialized and cost-effective services? There are several factors that make LAC the right freight-forwarder for you. Our trained associates not only have thorough knowledge of the Shipping landscape in Cuba, but also understand the local culture, as well as speak the language. Having a proven track record in this part of the world, not only do our logistics experts offer you experience, but an invaluable and extensive business network which cannot be found elsewhere.
These contacts allow us to arrange for the local support and infrastructure needed for goods to be transported quickly, safely, and with peace of mind.
YOUR IDEAL LOGISTICS PARTNER
LAC’s experts have thorough knowledge of the Cuban freight forwarding industry and culture, and are therefore able to provide our clients with superior shipping services in this region. With dependable and cost-effective resources already in place, LAC truly represents your smartest and best bet for penetrating the Cuban market. We always deliver on our promises, taking great measures to ensure your cargo is delivered securely and on time.
On top of this, LAC offers its clients a deep understanding of the logistical process and can keep them informed every step of the way.
If you are looking for a reliable partner to help you penetrate the Cuban market, we are the right company for you. We go above and beyond what traditional freight forwarding companies do, and are equipped with the right knowledge, experience and logistical tools to facilitate entry into the Cuban market.
To get the wheels turning on this world-class service, call us today at 1-877-522-7447, e-mail at email@example.com, or fill in the form below.