Puerto Rico Balance of Trade

Puerto Rico recorded a trade surplus of 984 USD Million in December of 2013. Balance of Trade in Puerto Rico is reported by the Government Development Bank for Puerto Rico. Balance of Trade in Puerto Rico averaged 1452.91 USD Million from 2003 until 2013, reaching an all time high of 5218.40 USD Million in December of 2010 and a record low of -187.50 USD Million in November of 2006. Puerto Rico has a strong export-oriented pharmaceutical industry, as a result the country reports consistent trade surpluses. Other exports include: medical equipment, computers, apparel, canned tuna, rum, beverage and concentrates. Puerto Rico mainly imports chemicals, machinery and equipment, clothing, food, fish and petroleum products. Puerto Rico’s main trading partner is the United States, accounting for 58 percent of total trade. Others include, Germany, the Netherlands, Belgium, Spain, the United Kingdom and France. This page provides - Puerto Rico Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
984.00 1262.00 5218.40 -187.50 1175.29 | 2014/01 2003 - 2013 USD Million Monthly

TO

Puerto Rico Balance of Trade
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Balance of Trade 984.00 2013-12-31 1262.00 5218.40 -187.50 1175.29 2014-01-31 USD Million [+]
Exports 4255.00 2013-12-31 4617.00 8373.70 3271.90 4877.53 2014-01-31 USD Million [+]
Imports 3271.00 2013-12-31 3355.00 4485.50 2594.40 3597.95 2014-01-31 USD Million [+]
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Balance of Trade | Notes
The balance of trade is the difference between the monetary value of exports and imports in an economy over a certain period of time. A positive balance of trade is known as a trade surplus and occurs when value of exports is higher than that of imports; a negative balance of trade is known as a trade deficit or a trade gap.


RELATED NEWS

Puerto Rico Balance of Trade at 984.00 USD Million  
Puerto Rico recorded a trade surplus of 984 USD Million in December of 2013. Balance of Trade in Puerto Rico is reported by the Government Development Bank for Puerto Rico.
Puerto Rico Exports at 4255.00 USD Million  
Exports in Puerto Rico decreased to 4255 USD Million in December of 2013 from 4617 USD Million in November of 2013. Exports in Puerto Rico is reported by the Government Development Bank for Puerto Rico.
Puerto Rico Imports at 3271.00 USD Million  
Imports in Puerto Rico decreased to 3271 USD Million in December of 2013 from 3355 USD Million in November of 2013. Imports in Puerto Rico is reported by the Government Development Bank for Puerto Rico.
Puerto Rico Unemployment Rate at 15.00 Percent  
Unemployment Rate in Puerto Rico decreased to 15 percent in February of 2014 from 15.20 percent in January of 2014. Unemployment Rate in Puerto Rico is reported by the Government Development Bank for Puerto Rico.
Puerto Rico Inflation Rate at -0.20 Percent  
The inflation rate in Puerto Rico was recorded at -0.20 percent in February of 2014. Inflation Rate in Puerto Rico is reported by the Government Development Bank for Puerto Rico.
Puerto Rico Personal Income Tax Rate at 33.00 percent  
The Personal Income Tax Rate in Puerto Rico stands at 33 percent. Personal Income Tax Rate in Puerto Rico is reported by the Puerto Rican Department of Treasury.
Puerto Rico Corporate Tax Rate at 30.00 percent  
The Corporate Tax Rate in Puerto Rico stands at 30 percent. Corporate Tax Rate in Puerto Rico is reported by the Taxation and Revenue.
Puerto Rico Retail Sales MoM at 0.87 Percent  
Retail Sales in Puerto Rico increased 0.87 percent in October of 2013 over the previous month. Retail Sales MoM in Puerto Rico is reported by the Statistical Institute of Puerto Rico.
Puerto Rico Retail Sales YoY at 0.05 Percent  
Retail Sales in Puerto Rico increased 0.05 percent in December of 2013 over the same month in the previous year. Retail Sales YoY in Puerto Rico is reported by the Statistical Institute of Puerto Rico.
Puerto Rico GDP Annual Growth Rate at 0.50 Percent  
The Gross Domestic Product (GDP) in Puerto Rico expanded 0.50 percent in 2012 from the previous year. GDP Annual Growth Rate in Puerto Rico is reported by the Official Portal of the Government of Puerto Rico.
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