U.S. Ag Exports To Cuba Increased 100.2% In July; Remain Up 10% Year-To-Year

ECONOMIC EYE ON CUBA©

September 2019

July 2019 Food/Ag Exports To Cuba Increase 100.2%- 1

Cuba Ranked In June 45th of 229 U.S. Food/Ag Export Markets- 2

Cuba Year-To-Year Exports Increase 10.0%- 2

July 2019 Healthcare Product Exports US$18,910.00- 2

July 2019 Humanitarian Donations US$279,488.00- 3

Obama Administration Initiatives Exports Continue To Increase- 3

U.S. Port Export Data- 16

JULY 2019 FOOD/AG EXPORTS TO CUBA INCREASE 100.2%- Exports of food products and agricultural commodities from the United States to the Republic of Cuba in July 2019 were US$31,176,618.00 compared to US$15,569,938.00 in July 2018 and US$24,379,155.00 in July 2017.

United States exports from January 2019 through July 2019 were US$186,114,479.00 compared to US$169,191,120.00 from January 2018 through July 2018, representing an increase of 10.0%.

Thus far in 2019, the Republic of Cuba ranks as the 50th largest (of 229) agricultural commodity/food product export market for the United States.

Since December 2001, agricultural commodity and food product exports from the United States to the Republic of Cuba exceed US$6,061,327,697.00.

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.

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.

Complete Report Available Soon

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