U.S. Agricultural Commodity/Food Exports To Cuba Increased 60.8% In June 2023; Up 11.1% Year-To-Year. Surprise: US$30,241.00 In Sugar. Coffee Thus Far In 2023- US$1.9 Million.
/ECONOMIC EYE ON CUBA©
August 2023
June 2023 Ag/Food Exports To Cuba Increase 60.8%- 1
47th Of 223 June 2023 U.S. Food/Ag Export Markets- 2
Year-To-Year Exports Increase 11.1%- 2
Cuba Ranked 56th Of U.S. 2023 Ag/Food Export Markets- 2
June 2023 Healthcare Product Exports US$57,167.00- 2
June 2023 Humanitarian Donations US$3,296,330.00- 3
Obama Administration Initiatives Exports Continue- 3
U.S. Port Export Data- 17
JUNE 2023 FOOD/AG EXPORTS TO CUBA INCREASE 60.8%%- Exports of food products and agricultural commodities from the United States to the Republic of Cuba in June 2023 were US$37,071,007.00 compared to US$23,055,838.00 in June 2022 and US$28,256,268.00 in June 2021.
June 2023 exports included among other items: Bacon; Butter; Olive Oil; Sunflower Oil; Rapeseed Oil; Sugar; Waffles and Wafers; Coffee; Pasta; Communion Wafers; Ice Cream; Cookies; Powdered Milk; Beer; Toilet Paper; Chicken Leg Quarters (Frozen); Chicken Meat (Frozen); Chicken Legs (Frozen); Meat of Swine; Preserved Chicken Meat.
January 2023 through June 2023 TSREEA exports were US$160,259,463.00 compared to January 2022 through June 2022 exports of US$144,185,093.00. Total TSREEA exports since first deliveries in December 2001 exceed:US$7,063,985,829.00.
The data 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.
The data represents the U.S. Dollar value of product exported from the United States to the Republic of Cuba under the TSREEA and CDA. 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.
