Cuba Business

Cuban Fishing Industry Bets on Expansion

Posted October 27, 2003 by publisher in Cuba Business.

DTC News

Havana.- Cuban fishing industry is betting on expansion, with the goal of becoming the fifth sector in the Caribbean island’s economy regarding its contributions in hard currency.

Officials from the fishing sector predicted revenues of 120 million dollars next year.

Lobster will continue to be the main export item next year, contributing three fourth of total revenues to the national economy. Other exports will be sea shrimp and fish, as well as freshwater fish such as red tilapia, and farmed shrimp.

In the particular case of lobster, officials expect to expand and diversify its industrial processing to increase its added value, which would range from 5 to 10 percent.

Major importers of Cuban seafood are Europe, Asia and Canada, in that order.

Regarding the domestic market, the sector’s strategy aims to guarantee and expand the rationed supply of food for the people from both sea fishing and aquiculture.

Member Comments

On January 28, 2009, Roger Fitzgerald wrote:

I write a column for National Fisherman, leading commercial fishing publication in US. Planning a writing trip to Cuba this spring. Need some guidance vis a vis an itinerary. Anyone out there that can help? Last time I was in Cuba was in 2,000. Spent most of my time in Havana and Trinidad. 

I do have one question for a column I’m working on right now. The Cuban common name for bonefish?

Sincerely, Roger Fitzgerald

On January 28, 2009, publisher wrote:

Don Barr can help you out

and check in with Peter Swanson at

Also, we are developing

We would be happy to help out and post any information you publish.

Also, you can post to our help forum at

Good luck. Keep us posted.