Facts and figures from Cuba’s report on UN General Assembly Resolution 73/8 calling for an immediate end to the U.S. blockade
The significant negative impact of measures recently adopted by the U.S. to tighten the blockade is not reflected in the following account, since this escalation occurred after the time period analyzed.
OVERVIEW
- Losses April 2018-March 2019: 4,343,600,000 dollars
- Damages accumulated over six decades of this policy, at current prices:
138,843,400, 000 dollars
- Total quantifiable harm caused by the blockade has reached more than:
922,630,000,000 dollars (depreciated as compared to the price of gold)
- Damages caused by exclusion from to U.S. market: 163,108 659
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- Damages caused by use of intermediaries in purchases and higher prices in distant markets: 173,210,916
Damages due to increased costs for shipping & insurance: 72,160,602
Potential export income lost: 2,343,135,842
Higher financing costs due to national risk rating: 47,290,204
Prohibitions on use of the U.S. dollar: 85,139,436
Other: 12,535,892
Total: 2,896,581,555
