U.S. Agricultural Commodity Exports To Cuba Decline 79.5% In November; Remain Up 19.3% For Year
/ECONOMIC EYE ON CUBA
January 2020
November 2019 Food/Ag Exports To Cuba Decrease 79.5%- 1
111th In November 2019 Of 222 U.S. Food/Ag Export Markets- 2
Year-To-Year Exports Increase 19.3%; Cuba Ranks 61st- 2
November 2019 Healthcare Product Exports US$80,000.00- 2
November 2019 Humanitarian Donations US$366,748.00- 3
Obama Administration Initiatives Exports Continue To Increase- 3
U.S. Port Export Data- 16
NOVEMBER 2019 FOOD/AG EXPORTS TO CUBA DECREASE 79.5%- Exports of food products and agricultural commodities from the United States to the Republic of Cuba in November 2019 were US$2,965,515.00 compared to US$14,505,604.00 in November 2018 and US$21,277,713.00 in November 2017.
United States exports from January 2019 through November 2019 were US$253,288,353.00 compared to US$212,134,634.00 from January 2018 through November 2018, representing an increase of 19.3%.
Total exports of agricultural commodities and food products from the United States to the Republic of Cuba since December 2001 are US$6,128,501,570.00.
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.
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.
