July food/ag exports to Cuba increased 705%; down 2% overall for year
Story Date: 9/9/2016

 

Source: US-CUBA TRADE AND ECONOMIC COUNCIL, 9/5/16



JULY FOOD/AG EXPORTS INCREASED 705%- Exports of food products & agricultural commodities from the United States to the Republic of Cuba in July 2016 were US$20,227,854.00 compared to US$3,342,526.00 in July 2015 and US$17,242,746.00 in July 2014.


An outbreak of Avian Flu had restricted United States poultry exports to the Republic of Cuba in 2015.  In June 2015, July 2015, and September 2015, Republic of Cuba government-operated Empresa Cubana Importadora Alimentos (Alimport), under the auspice of the Ministry of Foreign Trade of Cuba (MINCEX), used a credit facility to purchase frozen poultry from Brazil.  Poultry prices were high in 2014, low in 2015 and are expected to remain low in 2016.  Alimport is expected to purchase between 8,400 metric tons and 12,000 metric tons of frozen poultry per month from United States-based companies in 2016.

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