U.S. Agricultural Commodity/Food Product Exports To Cuba Increased 39.4% In January 2024. Other Exports: US$3 Million In Vehicles, US$4,887.00 In Umbrellas, US$38,448.00 In Perfumes..
/ECONOMIC EYE ON CUBA©
March 2024
January 2024 Ag/Food Exports To Cuba Increase 39.4% - 1
41st Of 207 January 2024 U.S. Food/Ag Export Markets- 2
Year-To-Year Exports Increase 39.4% - 2
Cuba Ranked 41st Of 207 U.S. Ag/Food Export Markets - 2
January 2024 Healthcare Product Exports US$31,070.00 - 2
January 2024 Humanitarian Donations US$1,920,522.00 - 3
Obama Administration Initiatives Exports Continue To Increase - 3
U.S. Port Export Data- 19 (awaiting new port data; current data through November 2023)
JANUARY 2024 FOOD/AG EXPORTS TO CUBA INCREASE 39.4% - Exports of food products and agricultural commodities from the United States to the Republic of Cuba in January 2024 were US$45,168,873.00 compared to US$32,394,196.00 in January 2023 and US$21,783,159.00 in January 2022.
Chicken Leg Quarters (Frozen)- US$11,150,925.00
Chicken Meat (Frozen)- US$10,649,852.00
Chicken (Offal)- US$7,605,353.00
Chicken Legs (Frozen)- US$3,288,831.00
Soybeans- US$2,853,680.00
Meat of Swine (Frozen)- US$802,746.00
Bovine Meat (Offal)- US$608,106.00
Meat of Swine (Fresh)- US$481,107.00
Whole Yong Chickens (Frozen)- US$317,407.00
Coffee (Roasted)- US$302,612.00
Ten-Largest U.S. Exports To Cuba- US$38,060,619.00
10 Largest As % of Exports To Cuba- 84.3%
January 2024 exports included: Chicken Wings, Turkey, Bacon, Eggs, Onions, Olives, Apples, Rice, Sausages, Pasta, Potato Chips, Peanut Butter, Ice Cream, Water, Paints, Perfumes, Shampoos, Floor Coverings, Elevator, Excavator, New Vehicles (US$27,400.00), Used Vehicles (US$3,071,032.00), New Vehicles (electric) US$34,000.00, Trucks (US$52,592.00), Umbrellas (US$4,887.00).
Total TSREEA exports since first deliveries in December 2001 exceed US$7,291,502,266.00
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.
LINK TO COMPLETE LIST OF PRODUCTS IN 2023 EXPORTED FROM THE UNITED STATES TO CUBA
T Times