Cuba Was 55th Largest Agricultural Commodity/Food Export Market In 2022. Increased 7.7% From 2021 To 2022; Up 40.2% In December 2021. Surprise: US$288,000.00 In Cigarettes From Tampa, Florida.
/ECONOMIC EYE ON CUBA©
February 2023
December 2022 Ag/Food Exports To Cuba Increase 40.2% - 1
50th Of 227 December 2022 U.S. Food/Ag Export Markets- 2
2021 To 2022 Year-To-Year Exports Increase 7.7%- 2
Cuba Ranked 55th Of U.S. 2022 Ag/Food Export Markets- 2
December 2022 Healthcare Product Exports US$1,502,216.00- 2
December 2022 Humanitarian Donations US$2,112,309.00- 3
Obama Administration Initiatives Exports Continue- 3
U.S. Port Export Data- 16
DECEMBER 2022 FOOD/AG EXPORTS TO CUBA INCREASE 40.2%- Exports of food products and agricultural commodities from the United States to the Republic of Cuba in December 2022 were US$39,393,828.00 compared to US$28,091,304.00 in December 2021 and US$14,145,158.00 in December 2020.
2022 exports of agricultural commodities and food products were US$328,536,988.00 compared to 2021 exports of US$304,774,413.00, representing an increase of 7.7%.
December 2022 Exports Included among other items: Cigarettes (US$288,000.00); Turkeys; Soybeans; Woodpulp; Corn Flour; Caramel Corn Chips; Peas; Yeasts; Syrup; Quarters (Frozen); Chicken Meat (Frozen); Chicken Legs (Frozen); Meat of Bovines; Meat of Swine; Woodpulp; Preserved Chicken Meat; Beans; Coffee; Beer; Non-Alcoholic Beverages; Deodorants; Soap; Shampoo; Dentifrices; Disinfectants; Dermatological Agents; Beauty & Skin Care Preparations; and Detergents.
Healthcare Product exports in calendar year 2022 were US$9,226,763.00 representing the highest value since 2003 when the data was first evaluated. The next nearest value was US$6,121,425.00 in 2006. Healthcare products were first authorized for direct export to the Republic of Cuba in 1992 by the Cuban Democracy Act (CDA).
Humanitarian Donations in calendar year 2022 were US$30,083,306.00 compared to US$11,074,090.00 in calendar year 2021.
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.
Click here for a list of agricultural commodities eligible for export to Cuba under Section 902(1) of the Trade Sanctions Reform and Export Enhancement Act of 2000
COMPLETE REPORT IN PDF FORMAT AVAILABLE SOON (awaiting port data)
