Last March, more than 40 million dollars were recorded in imports of food and agricultural products from the United States to Cuba, judging by the most recent report from Cubatrade.org.
The data show a large increase in the value of imports for March 2023, which had been 20 million 475 thousand 934 dollars. They also exceeded the values of the same month, in 2022, when 26 million were reported, according to the publication.
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In the analysis “Economic Eye on Cuba”, the Cuba-U.S. Economic Council. The US points out that this flow includes eggs, yogurt, spices, apples, as well as white wheat, rice, corn and olive oil, in addition to palm oil.
Likewise, other products appear such as beet sugar, artificial honey, cookies, beer, salt, shampoo, toothpaste, soap, tires. Added to this is cellulose, knives, vacuum pumps, machinery and vehicles, which represents a value of 6 million 276 thousand 798 dollars, the report adds.
A figure greater than 32 million is concentrated in only about ten highly demanded products, such as chicken and its derivatives, as well as pork, milk and coffee.
In accordance with Cubadetrade, imports from January 2024 to March 2024 reached 112 million 997 thousand 719 dollars; In the same period of 2023 it was 77 million 462 thousand 731.
The data includes information on US exports to Cuba of products under the Trade Sanctions Reform and Export Enhancement Act (TSREEA) of 2000, and the Cuban Democracy Act (CDA), of 1992.
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According to a previous report by The New HeraldAmerican companies exported food and agricultural products in all of 2022 worth 342.6 million, which represented an increase of 12.4% compared to 2021.
Quoted by that medium, John Kavulich, president of the US-Cuba Economic and Trade Council, explained that the 2023 export data “are notable not only for their value in US dollars, but also for the substantial increase in the number of companies, primarily located in South Florida, who are exporting products from the United States to Cuba specifically in support of the re-emerging private sector in Cuba.”
Despite the embargo/blockade, Cuba buys agricultural products, food and other basic items in the United States, since Congress authorized exceptions for the export of food and medicine, notes the Herald. To achieve this you must pay with cash.
