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Oil shipments from Mexico to Cuba reached an average equivalent of 90 million dollars per month during 2025, according to a report by Latinus based on data from the Bank of Mexico (Banxico).
The report states that, under the presidency of Claudia Sheinbaum Pardo, these offices skyrocketed by up to 23,000 percent, in a context marked by the announcement from the President of the United States, Donald Trump, of tariffs on imports from countries that supply fuel to the island.
According to the information presented by the media, the increase is clearly reflected since the start of the new government: in October (the first month of Sheinbaum as president), the delivery would have been 242 million dollars, always based on the official data cited from Banxico.
Latinus indicates that the basis of its research comes from Banxico records, which it uses to calculate the increase in remittances and the monthly average for 2025.
In her account, upon taking office, the shipment of hydrocarbons to Havana was 230 times higher than in the last year of Andrés Manuel López Obrador's government, according to the same official data cited by the outlet.
Comparison with previous years
The text indicates that during López Obrador's administration, the amounts were significantly lower, providing these averages/maximums.
In 2020, the oil shipments "did not reach" one million dollars per month. Between 2021 and 2022, the average was one million dollars monthly.
By 2023, the average had risen to two million dollars per month and is noted as the highest recorded shipment during the previous period.
During the last year of López Obrador, it was one million dollars (the lowest of the term, according to the report).
In this context, the outlet states that, under Sheinbaum, shipments would have escalated to unprecedented levels, averaging 90 million dollars a month by 2025.
The Trump Factor: Tariffs on Oil Supply to Cuba
The report links the issue to Trump’s announcement that the United States will impose tariffs on imports from countries that supply oil to Cuba, which heightened attention on fuel flows to the island.
In her Friday morning conference, Sheinbaum avoided specifying whether her government would stop sending oil to Cuba following the measure announced by Washington.
Instead, he warned that the taxes could trigger a humanitarian crisis on the island and impact hospitals, food security, and other basic services.
He also mentioned that he asked Chancellor Juan Ramón de la Fuente to speak with the Department of State to understand the implications and to warn what could imply “a humanitarian crisis”, and asserted that they will seek diplomatic solutions without “putting Mexico at risk” in the face of potential tariffs.
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