How did the sugar trade contribute to Havana’s early wealth?
Havana’s early wealth was fundamentally built upon its strategic location as a major port and the expansion of the sugar industry, which relied heavily on the slave trade.12
The city’s economic importance grew significantly following the British occupation in 1762, which stimulated trade between the New World and Europe. As the 18th century progressed, Cuba became increasingly dependent on sugarcane production, supported by expansive, slave-based plantations. The industry’s growth was further accelerated by reforms under Charles III and the eventual mechanization of mills, which utilized steam power and railroads.23
It is essential to recognize that this prosperity was inextricably linked to the brutal exploitation of human beings. The reliance on enslaved labor was a central pillar of the sugar economy, and the persistence of the slave trade despite international opposition highlights the profound moral cost of this wealth accumulation. By 1860, the sugar industry dominated the economy, accounting for the vast majority of exports and propelling a new class of wealthy plantation owners to prominence.3