U.S. Ag/Food Exports To Cuba Increase 30.7% In May 2024; Up 42.6% Year-To-Year. Vehicle Exports (88% Used) In 2024 Exceed US$24.6 Million.
/ECONOMIC EYE ON CUBA©
July 2024
May 2024 Ag/Food Exports To Cuba Increase 30.7% - 1
46th Of 220 May 2024 U.S. Food/Ag Export Markets- 2
Year-To-Year Exports Increase 42.6% - 2
Cuba Ranked 47th Of 220 U.S. Ag/Food Export Markets - 2
May 2024 Healthcare Product Exports US$5,337.00 - 2
May 2024 Humanitarian Donations US$8,627,515.00 - 3
Obama Administration Initiatives Exports Continue To Increase - 3
U.S. Port Export Data- 19
MAY 2024 FOOD/AG EXPORTS TO CUBA INCREASE 30.7% - Exports of food products and agricultural commodities from the United States to the Republic of Cuba in May 2024 were US$34,611,474.00 compared to US$26,476,991.00 in May 2023 and US$25,514,586.00 in May 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 May 2024 TSREEA exports were US$175,711,560.00 compared to January 2023 through May 2023 TSREEA exports of US$123,188,456.00
Total TSREEA exports since first deliveries in December 2001 exceed US$7,422,044,953.00
LINK TO COMPLETE REPORT IN PDF FORMAT
LINK TO COMPLETE LIST OF PRODUCTS IN 2023 EXPORTED FROM THE UNITED STATES TO CUBA
