Cuban cigar sales rose 7 percent to $402 million in 2007, the government-run tobacco company Habanos said Wednesday.
Cuban cigars make up 80 percent of the world cigar market, not counting the United States, which has had a trade embargo banning Cuban products since 1962.
Spain, France, Germany, Switzerland and Cuba's domestic market remained top consumers of Cuban cigars last year, Habanos Vice President Manuel Garcia said.
The company does not reveal how many individual cigars it sells a year, but the total is believed to be between 150 million and 160 million. Garcia spoke at the 10th annual Habanos Festival in Havana.
Friday, February 29, 2008
Source: Seattle Times Newspaper