Puerto Rico earns an estimated $64.88 billion from its exports. The country’s primary exports include chemicals, pharmaceuticals and medical equipment, electronic goods, rum, beverage concentrates, canned tuna, and apparel.

What are the leading exports of Puerto Rico?

Puerto Rico main exports products are pharmaceuticals, accounting for over 50 percent of all exports. Others include medical equipment, computers, apparel, canned tuna, rum, beverage and concentrates. Puerto Rico’s main exports partner is the United States, accounting for around 70 percent of total exports.

What is Puerto Rico’s biggest industry?

The economy of Puerto Rico is mainly driven by manufacturing, primarily pharmaceuticals, textiles, petrochemicals, and electronics; followed by the service industry, primarily finance, insurance, real estate, and tourism.

What are the bad areas of Puerto Rico?

Other spots to avoid at night are the neighborhoods of La Perla (next to Old City) and parts of Puerta de Tierra. Stick to the neighborhoods of Old San Juan, Isla Verde, Miramar and Condado at night, where there are regular police patrols. Should you have an emergency, call 911 as you would in the US.

What kind of products does Puerto Rico export?

Puerto Rico Exports. Puerto Rico main exports products are pharmaceuticals, accounting for over 50 percent of all exports. Others include medical equipment, computers, apparel, canned tuna, rum, beverage and concentrates.

Who is the main import partner of Puerto Rico?

Puerto Rico’s main imports partner is the United States, accounting for 43 percent of total imports. This page provides – Puerto Rico Imports – actual values, historical data, forecast, chart, statistics, economic calendar and news. Puerto Rico Imports – actual data, historical chart and calendar of releases – was last updated on November of 2018.

Is there a sales tax on exports to Puerto Rico?

As a U.S. territory, shipments to Puerto Rico are not considered exports so duties are not applied. There is, however, a state sales tax of 5.5% and a municipal sales tax that can vary from 0% to 1.5 percent.

When was the last time Puerto Rico imported anything?

Puerto Rico Imports – values, historical data and charts – was last updated on April of 2020. Imports in Puerto Rico is expected to be 4650.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations.