2nd Consecutive Month Of 100%+ Increase In Ag/Food Exports To Cuba; Up 18.6% Year-To-Year

ECONOMIC EYE ON CUBA©
October 2019

August 2019 Food/Ag Exports To Cuba Increase 107%- 1
Cuba Ranked In August 45th of 229 U.S. Food/Ag Export Markets- 2
Cuba Year-To-Year Exports Increase 18.6%- 2
August 2019 Healthcare Product Exports US$339,437.00.00- 2
August 2019 Humanitarian Donations US$555,103.00- 3
Obama Administration Initiatives Exports Continue To Increase- 3
U.S. Port Export Data- 16


AUGUST 2019 FOOD/AG EXPORTS TO CUBA INCREASE 107%- Exports of food products and agricultural commodities from the United States to the Republic of Cuba in August 2019 were US$31,724,133.00 compared to US$15,322,008.00 in August 2018 and US$28,627,776.00 in August 2017.

United States exports from January 2019 through August 2019 were US$217,838,612.00 compared to US$184,513,128.00 from January 2018 through August 2018, representing an increase of 18.6%.

The total value of agricultural commodity and food product exports from the United States to the Republic of Cuba since December 2001 is US$6,093,051,830.00.

The data represents the U.S. Dollar value of product exported from the United States to the Republic of Cuba under the TSREEA. The data does not include transportation charges, bank charges, or other costs associated with exports; the government of the Republic of Cuba reports unverifiable data that includes transportation charges, bank charges, and other costs.

The data contains information on exports from the United States to the Republic of Cuba- products within the Trade Sanctions Reform and Export Enhancement Act (TSREEA) of 2000, Cuban Democracy Act (CDA) of 1992, and regulations implemented (1992 to present) for other products by the Office of Foreign Assets Control (OFAC) of the United States Department of the Treasury and Bureau of Industry and Security (BIS) of the United States Department of Commerce.

The TSREEA re-authorized the direct commercial (on a cash basis) export of food products (including branded food products) and agricultural commodities from the United States to the Republic of Cuba, irrespective of purpose. The TSREEA does not include healthcare products, which remain authorized and regulated by the CDA.

Complete Report In PDF Format Available Soon

triple-digit.png