U.S. Exports To Cuba Decrease, But Remain Up 20% Year-To-Year. Another US$8.7 In Vehicle Exports. Razors Too
/ECONOMIC EYE ON CUBA©
October 2024
August 2024 Ag/Food Exports To Cuba Decrease 5.4% - 1
46th Of 222 August 2024 U.S. Food/Ag Export Markets- 2
Year-To-Year Exports Increase 20.0% - 2
Cuba Ranked 48th Of 222 U.S. Ag/Food Export Markets - 2
August 2024 Healthcare Product Exports US$0.00 - 2
August 2024 Humanitarian Donations US$6,801,111.00 - 3
Obama Administration Initiatives Exports Continue To Increase - 3
U.S. Port Export Data- 19
AUGUST 2024 FOOD/AG EXPORTS TO CUBA DECREASE 5.4% - Exports of food products and agricultural commodities from the United States to the Republic of Cuba in August 2024 were US$37,729,568.00 compared to US$39,913,983.00 August 2023 and US$29,383,675.00 August 2022.
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.
January 2024 through August 2024 TSREEA exports were US$279,815,521.00 compared to January 2023 through August 2023 TSREEA exports of US$232,487,373.00. Total TSREEA exports since first deliveries in December 2001 exceed US$7,526,148,914.00
Other products exported from the United States to the Republic of Cuba in August 2024 include: Turkey (US$176,682.00), Eggs, Chickpeas, Black Beans, Lentils, Safflower Oil, Human Blood (US$11,905.00), Handbags (US$9,749.00), Razors (US$17,160.00), Fork Lift (US$17,000.00), Ink Cartridges (US$7,587.00), Part of Cotton Gins (US$8,000.00), Used Vehicles (US$8,688,439.00).
Used Vehicle Exports January 2024 Through August 2024 Are US$38,752,488.00.
Truck Exports January 2024 Through August 2024 Are US$16,075,524.00
LINK TO COMPLETE REPORT (AWAITING PORT DATA)
LINK TO COMPLETE LIST OF PRODUCTS IN 2023 EXPORTED FROM THE UNITED STATES TO CUBA
