U.S. Ag/Food Exports To Cuba Decreased 60.4% In March 2020; Down 51.6% Year-To-Year
/ECONOMIC EYE ON CUBA©
May 2020
March 2020 Food/Ag Exports To Cuba Decrease 60.4%- 1
59th In March 2020 Of 217 U.S. Food/Ag Export Markets- 2
Cuba Ranks 60th Of 217 Ag/Food Export Markets- 2
March 2020 Healthcare Product Exports US$11,940.00- 2
March 2020 Humanitarian Donations US$406,391.00- 3
Obama Administration Initiatives Exports Continue To Increase- 3
U.S. Port Export Data- 16
MARCH 2020 FOOD/AG EXPORTS TO CUBA DECREASE 60.4%- Exports of food products and agricultural commodities from the United States to the Republic of Cuba in March 2020 were US$16,278,071.00 compared to US$41,165,385.00 in March 2019 and US$24,454,451.00 in March 2018.
Exports in March 2020 include chicken legs, chicken leg quarters, chicken meat, calcium phosphate, woodpulp, kraftliner, and birch wood.
Total 2020 exports to the Republic of Cuba are US$44,508,892.00 compared to same period in 2019 total exports of US$92,098,594.00 representing a decrease of 51.6%.
Thus far for 2020, the Republic of Cuba ranks 59th of 217 agricultural commodity and food product export markets for the United States.
Total reported agricultural commodity and food product exports from the United States to the Republic of Cuba since December 2001 is US$6,177,381,588.00.
The 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.
