Minimal (exact figures unavailable due to U.S. embargo restrictions)
Year
2023
Trend
Stable but limited due to ongoing U.S.-Cuba trade embargo
Special Rates
Preferential Rate
N/A
No preferential trade agreements currently apply for cocoa powder imports from the United States to Cuba due to trade restrictions.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S. Eases Restrictions on Cuban Agricultural Imports
The U.S. Department of Commerce announced a relaxation of certain trade restrictions with Cuba, allowing limited imports of agricultural products, including cocoa powder (HS Code 1805.00.00), under specific conditions to support private sector enterprises in Cuba.
October 15, 2023
Impact: This could potentially increase the import of unsweetened cocoa powder from Cuba to the U.S., fostering small-scale trade opportunities, though volumes remain limited due to ongoing embargo restrictions.
Cuba Seeks to Expand Cocoa Exports to U.S. Market
Cuban agricultural officials expressed interest in exporting cocoa powder and other products to the U.S. during a trade conference, highlighting the quality of their unsweetened cocoa (HS Code 1805.00.00) as a competitive offering if trade barriers are further reduced.
September 20, 2023
Impact: While no immediate trade increase has occurred, this signals potential growth in cocoa powder exports if U.S.-Cuba trade relations improve, though current embargo policies still pose significant barriers.
U.S. Importers Explore Cuban Cocoa Amid Policy Uncertainty
A small group of U.S. food importers have initiated discussions with Cuban suppliers for unsweetened cocoa powder (HS Code 1805.00.00), citing potential demand for organic and sustainably sourced products despite the complex regulatory environment.
August 5, 2023
Impact: This exploratory interest may lay the groundwork for future trade in cocoa powder, though actual imports remain negligible due to stringent U.S. trade sanctions on Cuba.
Policy Updates
U.S. Updates Cuba Sanctions to Allow Limited Agricultural Trade
The U.S. Treasury Department issued a new guideline under the Cuban Assets Control Regulations, permitting limited transactions with Cuban private sector entities for agricultural goods, including cocoa powder (HS Code 1805.00.00), provided they meet strict licensing and reporting requirements.
