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 main imports of Puerto Rico?

Puerto Rico mainly imports chemicals, oil, food, electrical appliances, machinery and equipment, transport vehicles, and plastics. Puerto Rico’s main imports partner is the United States, accounting for 43 percent of total imports.

What are the major crops and exports in Puerto Rico?

Agriculture in Puerto Rico, although not a major part of the nation’s GDP, still holds an important aspect of the island’s culture and history. A variety of crops are grown in Puerto Rico, including rice, sugar cane, coffee, and corn.

What products is Puerto Rico known for?

13 Distinctively Puerto Rican Goods to Bring Home from San Juan

• Butterfly Art. When you first walk into The Butterfly People shop in San Juan’s old city, you feel as if you just walked into an exotic butterfly garden.
• Cigars.
• Mundillo.
• Ceramics.
• Pilon.
• Bags.
• Vejigantes.
• Wood Carvings of Saints.

What are the main resources of Puerto Rico?

Puerto Rico’s main natural resources are copper, nickel and oil. On the coastal plains located on the northern part of the island there is rich soil for agriculture and farming. Here it is good for growing coffee, bananas, sugarcane and pineapples. Some other natural resources are stone, sand and gravel.

What is the prettiest beach in Puerto Rico?

Playa Sucia
Located on Puerto Rico’s southwestern tip, Cabo Rojo, Playa Sucia is the most beautiful beach in this area. It takes about 10 minutes walking from the parking lot to reach to this gorgeous strip of sand and clear turquoise water that is calm and perfect for swimming.

What is a popular drink in Puerto Rico?

The Piña Colada
If you like piña colada, you should know the famous tropical drink was invented in Puerto Rico! The sweet mix of coconut cream, pineapple juice, white rum, and ice was born in San Juan, but the identity of its creator is still an unresolved controversy on the island.

What kind of products does Puerto Rico export?

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 kind of economy does Puerto Rico have?

These industries include electronics, pharmaceuticals, textiles, and clothing, petrochemicals and food processing industries, finance, real estate tourism and insurance service industries. Puerto Rico earns an estimated $64.88 billion from its exports.

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.

Who are the main trading partners of Puerto Rico?

Its main trading partners are the United States itself, Ireland, and Japan, with most products coming from East Asia, mainly from China, Hong Kong, and Taiwan. In 2016, additional trading partners were established, with Singapore, Switzerland and South Korea commencing import trades with Puerto Rico.