US trade with Cuba in the 4th quarter of 2017

Published or Updated: May 09, 2018

The report on US foreign trade in goods with Cuba in the 4th quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Cuba

In the 4th quarter of 2017, US trade with Cuba was $63.7 million, down 10.12% ($7.2 million) from the 4th quarter of 2016.

US exports to Cuba in the 4th quarter of 2017 were $63.7 million, down 10.12% ($7.2 million) from the 4th quarter of 2016.

US imports from Cuba in the 4th quarter of 2017 were $0.0 million, unchanged from the 4th quarter of 2016.

US trade surplus with Cuba in the 4th quarter of 2017 was $63.7 million, a 10.12% decrease ($7.2 million) over the 4th quarter of 2016.

Cuba was the US 140th largest trading partner in the 4th quarter of 2017 (down from 137th in the 4th quarter of 2016), accounting for 0.0061% of US total trade (down from 0.0074% in the 4th quarter of 2016).

Cuba was the US 119th largest export market in the 4th quarter of 2017 (down from 117th in the 4th quarter of 2016), accounting for 0.0156% of US total exports (down from 0.0187% in the 4th quarter of 2016).

There were no US imports from Cuba both in the 4th quarter of 2017 and in the 4th quarter of 2016.

US Exports to Cuba

The major share of US exports to Cuba in the 4th quarter of 2017 (and in the 4th quarter of 2016) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 79.95% of US total exports to Cuba (88.36% in the 4th quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 8.68% of US total exports to Cuba (4.78% in the 4th quarter of 2016);
  • Chemical products (HS codes 28-40) - 7.47% of US total exports to Cuba (3.95% in the 4th quarter of 2016).

The largest gains in US exports to Cuba in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:

  • Meat and edible meat offal (HS code 02) - an increase of $18.1 million;
  • Miscellaneous chemical products (HS code 38) - an increase of $3.7 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $2.6 million;
  • Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - an increase of $1.2 million;
  • Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder (HS code 12) - an increase of $0.7 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $0.4 million;
  • Other made up textile articles; sets; worn clothing and worn textile articles; rags (HS code 63) - an increase of $0.3 million.

The largest declines in US exports to Cuba in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:

  • Cereals (HS code 10) - a decrease of $14.1 million;
  • Residues and waste from the food industries; prepared animal feed (HS code 23) - a decrease of $8.9 million;
  • Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes (HS code 15) - a decrease of $6.3 million;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - a decrease of $1.3 million;
  • Pharmaceutical products (HS code 30) - a decrease of $1.3 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $0.7 million;
  • Preparations of cereals, flour, starch or milk; bakers’ wares (HS code 19) - a decrease of $0.6 million;
  • Cocoa and cocoa preparations (HS code 18) - a decrease of $0.4 million;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - a decrease of $0.3 million;
  • Beverages, spirits and vinegar (HS code 22) - a decrease of $0.2 million.
US exports to Cuba in the 4th quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q4 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q4 2016
(USD thousand)
Change
in Q4 2017
over Q4 2016
(%)
02 Meat and edible meat offal 42,188.4 66.27 24,067.975.29
07 Edible vegetables and certain roots and tubers 0.0 0.00 10.0-100.00
10 Cereals 2.5 0.00 14,053.8-99.98
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 6,928.2 10.88 6,221.111.37
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 0.0 0.00 6,265.1-100.00
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 5.7 0.01 0.0
18 Cocoa and cocoa preparations 748.0 1.18 1,118.1-33.10
19 Preparations of cereals, flour, starch or milk; bakers’ wares 928.0 1.46 1,506.0-38.38
21 Miscellaneous edible preparations 3.2 0.01 165.3-98.06
22 Beverages, spirits and vinegar 35.4 0.06 249.9-85.84
23 Residues and waste from the food industries; prepared animal feed 55.2 0.09 8,925.2-99.38
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 0.0 0.00 7.7-100.00
30 Pharmaceutical products 960.0 1.51 2,288.8-58.06
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 0.0 0.00 332.4-100.00
38 Miscellaneous chemical products 3,797.8 5.97 142.02,573.59
39 Plastics and articles thereof 0.0 0.00 23.7-100.00
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 0.0 0.00 2.6-100.00
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 71.0 0.11 56.226.30
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 354.0 0.56 41.6750.73
70 Glass and glassware 0.0 0.00 6.9-100.00
73 Articles of iron or steel 0.0 0.00 14.1-100.00
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 4.4 0.01 7.1-38.38
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 3,327.1 5.23 707.9369.96
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 1,390.4 2.18 163.8748.61
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 380.7 0.60 28.11,254.96
88 Aircraft, spacecraft, and parts thereof 0.0 0.00 1,329.8-100.00
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 425.9 0.67 1,155.7-63.15
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 81.8 0.13 33.4144.72
99 Commodities not specified according to kind 1,971.8 3.10 1,906.23.44

US Imports from Cuba

There were no US imports from Cuba in the 4th quarter of 2017 as well as in the 4th quarter of 2016.

Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce