U.S. Ag/Food Exports To Cuba Decline 11.3% In June; Remain Up 6.9% Year-To-Year

ECONOMIC EYE ON CUBA©

August 2019 

June 2019 Food/Ag Exports To Cuba Decrease 11.3%- 1

Cuba Ranked In June 53rd of 229 U.S. Food/Ag Export Markets- 2

Cuba Year-To-Year Exports Increase 6.9%- 2

US$6 Billion Exported To Cuba Since 2001- 2

June 2019 Healthcare Product Exports US$23,375.00- 2

June 2019 Humanitarian Donations US$465,907.00- 3

Obama Administration Initiatives Exports Continue To Increase- 3

U.S. Port Export Data- 16 

JUNE 2019 FOOD/AG EXPORTS TO CUBA DECREASE 11.3%- Exports of food products and agricultural commodities from the United States to the Republic of Cuba in June 2019 were US$18,815,665.00 compared to US$21,225,971.00 in June 2018 and US$24,630,738.00 in June 2017.   

Exports from January 2019 through June 2019 were US$154,937,855.00 compared to US$144,811,965.00 from January 2018 through June 2018, representing an increase of 6.9%.   

Exports since December 2001 exceed US$6,030,151,076.00. 

The data is for 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 To Be Published Soon.

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