U.S. Agricultural Commodity/Food Product Exports To Cuba Decline By 43.9% In September; Down 48.8% Year-To-Year
/ECONOMIC EYE ON CUBA©
November 2020
September 2020 Food/Ag Exports To Cuba Decrease 43.9%- 1
57th Of 224 September U.S. Food/Ag Export Markets- 2
Year-To-Year Exports Decrease 48.8%- 2
Cuba Ranks 58th Of 224 Ag/Food Export Markets- 2
September 2020 Healthcare Product Exports US$10,463.00- 2
September 2020 Humanitarian Donations US$143,309.00- 3
Obama Administration Initiatives Exports Continue- 3
U.S. Port Export Data- 16
SEPTEMBER 2020 FOOD/AG EXPORTS TO CUBA DECREASE 43.9%- Exports of food products and agricultural commodities from the United States to the Republic of Cuba in September 2020 were US$16,117,329.00 compared to US$28,779,856.00 in September 2019 and US$12,226,970.00 in September 2018.
Agricultural commodity and food product exports from the United States to the Republic of Cuba thus far in 2020 are US$126,262,312.00 compared to US$255,360,721.00 in 2019, representing a decrease of 48.8%.
Since December 2001, agricultural commodity and food product exports reported from the United States to the Republic of Cuba is US$6,259,135,008.00
This report 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.