What are the major imports and exports of Puerto Rico?
Economy of Puerto Rico
| Statistics | |
|---|---|
| Exports | $73.17 billion (2017 est.) |
| Export goods | Chemicals, electronics, rum, beverage concentrates, medical equipment, canned tuna, apparel |
| Main export partners | United States 76.5% Belgium 6.1% Netherlands 3.4% Italy 1.7% Spain 1.6% (2016) |
| Imports | $43.32 billion CIF (2016 est.) |
What are some major exports in 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.
Where does Puerto Rico import food from?
The Case for SNAP in Puerto Rico The island depends on 56 countries for food; the main supplier is the U.S. mainland, from which about 56 percent of what is consumed locally is imported.
What products are made in Puerto Rico?
Manufacturing: Puerto Rico’s manufacturing sector has shifted from the original labor-intensive industries, such as the manufacturing of food, tobacco, leather, and apparel products, to more capital-intensive industries, such as pharmaceuticals, chemicals, machinery, and electronics.
Is rice native to Puerto Rico?
In his book “Puerto Rico in the pot, are we still what we eat?,” Ortiz Cuadra highlight that although the rice was brought to Puerto Rico by the Spaniards this began to be cultivated by the Africans.
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.
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.
How much does the US import from Puerto Rico?
Looking forward, we estimate Imports in Puerto Rico to stand at 4500.00 in 12 months time. In the long-term, the Puerto Rico Imports is projected to trend around 4500.00 USD Million in 2020, according to our econometric models. Ok.