U.S. Exports To Cuba Decrease 5.1% In May 2019; Remain Up 8.5% Year-To-Year; Cuba Hits US$6 Billion In Purchases

ECONOMIC EYE ON CUBA©

July 2019

US$6 Billion Exported To Cuba Since 2001- 1

May 2019 Food/Ag Exports To Cuba Decrease 5.1%- 1

Cuba Ranked of 50th of 229 U.S. Food/Ag Export Markets- 2

Cuba Year-To-Year Exports Increase 10.1%- 2

May 2019 Healthcare Product Exports US$144,860.00- 2

May 2019 Humanitarian Donations US$1,412,237.00- 3

Obama Administration Initiatives Exports Continue To Increase- 3

U.S. Port Export Data- 16 

MAY 2019 FOOD/AG EXPORTS TO CUBA DECREASED 5.1%- Exports of food products and agricultural commodities from the United States to the Republic of Cuba in May 2019 were US$27,657,057.00 compared to US$29,169,203.00 in May 2018 and US$31,720,403.00 in May 2017.   

United States exports from January 2019 through May 2019 were US$136,122,190.00 compared to US$123,585,994.00 from January 2018 through May 2018, representing an increase of 10.1%. 

Total exports of agricultural commodities and food products from the United States to the Republic of Cuba since December 2001 is US$6,011,335,411.00 through May 2019.   

The information on exports from the United States to the Republic of Cuba includes- 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 

LINK To Complete Report