Download U.S. Trade with Puerto Rico and U.S. Possessions, 2020
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2020 U.S. TRADE WITH PUERTO RICO AND U.S. POSSESSIONS FT895/20 CONTENTS INTRODUCTION .............................................................................................................. 1 Source of Information .............................................................................................................. 1 Coverage ...................................................................................................................................... 1 Trade with Foreign Countries ................................................................................................. 1 Valuation ..................................................................................................................................... 1 Customs Import Value ............................................................................................................. 1 F.A.S. Export Value (Excluding Exports to Canada) ............................................................ 2 Statistical Month ........................................................................................................................ 2 Commodity Classifications ..................................................................................................... 2 QUANTITY AND SHIPPING WEIGHT ........................................................................... 2 Quantity ...................................................................................................................................... 2 Shipping Weight......................................................................................................................... 2 LOW-VALUE STATISTICS ............................................................................................... 3 Exports ........................................................................................................................................ 3 Imports ........................................................................................................................................ 3 TRANSPORTATION STATISTICS .................................................................................. 3 Method of Transportation ....................................................................................................... 3 Shipments Not Classified by Commodity ............................................................................ 4 ADDITIONAL INFORMATION ....................................................................................... 5 Sources of Error ......................................................................................................................... 5 Carryover .................................................................................................................................... 5 ABBREVIATIONS FOR UNITS OF QUANTITY ............................................................. 6 APPENDIX: Tables ........................................................................................................... 7 1. Shipments from the United States to Puerto Rico by Schedule B Commodity and Method of Transportation..................................A-1 2. Shipments from the United States to the Virgin Islands by Schedule B Commodity and Method of Transportation.............B-1 3. Shipments from Puerto Rico to the United States by Schedule B Commodity and Method of Transportation..................................C-1 4. Shipments from U.S. Possessions to the United States by HTSUSA Commodity..........................................................................................D-1 U.S TRADE WITH PUERTO RICO AND U.S POSSESSIONS FT895/20 i U.S Census Bureau Description of the International Trade Statistics Program: U.S. Trade with Puerto Rico and U.S. Possessions INTRODUCTION Trade with Foreign Countries This description covers the FT895: U.S. Puerto Rico is a customs district within the Possessions Foreign Trade Statistics U.S. Customs Territory and its trade with Program. foreign countries is included in the U.S. export and import statistics. The U.S. export Source of Information and import statistics include merchandise trade between the U.S. Virgin Islands and Statistics on shipments from the United foreign countries even though the Virgin States to Puerto Rico and the Virgin Islands, Islands of the United States are not officially and on shipments from Puerto Rico to the a part of the U.S. Customs Territory. Data on United States, are compiled from trade of other U.S. outlying possessions information furnished by Electronic Export with foreign countries are not compiled by Information (EEI), which must be filed with the United States. customs officials, and shipments by qualified exporters who submit data Valuation directly to the Census Bureau. Note that the ‘‘- ’’ indicates that the value is Statistics on shipments from the U.S. Virgin more than 1 kg and less than 1,000 kg (base Islands and other U.S. possessions to the is 1,000 kg and data below 1,000 kg are United States are compiled from automated rounded up to 1,000 kg). data submitted through the Customs Automated Commercial System and from Customs Import Value import documents filed with Customs The customs import value is the value of officials. imports as appraised by the U.S. Customs Service in accordance with the legal Data on shipments from the United States requirements of the Tariff Act of 1930, as to other U.S. possessions, as well as amended. This value is generally defined as between the possessions, are not compiled. the price actually paid or payable for merchandise when sold for exportation to Coverage the United States, excluding U.S. import Statistics are separately published covering duties, freight, insurance, and other charges shipments (1) between the United States incurred in bringing the merchandise to the and Puerto Rico, (2) between the United United States. The term ‘‘price actually paid States, and the U.S. Virgin Islands, and (3) or payable’’ means the total payment from other U.S. possessions to the United (whether direct or indirect, and exclusive of States. “U.S. possessions” refer to those any costs, charges, or expenses incurred for listed in Schedule C, Classification of transportation, insurance, and related Country and Territory Designations for U.S. services incidental to the international Foreign Trade Statistics. shipment of the merchandise from the country of exportation to the place of importation in the United States) made, or to be made, for imported merchandise by the buyer to, or for the benefit of, the seller. U.S TRADE WITH PUERTO RICO AND U.S POSSESSIONS FT895/20 1 U.S Census Bureau In the case of transactions between related the United States. (For vessel or air parties, the relationship between buyer and shipments, it is the date when the carrier seller should not influence the customs departs or is cleared from the port of value. export.) In those instances where assistance was Commodity Classifications furnished to a foreign manufacturer for use in producing an article that is imported into The export statistics are initially collected the United States, the value of the and compiled in terms of approximately assistance must be included in the value 9,000 commodity classifications in reported for the merchandise. Such Schedule B, Statistical Classification of ‘‘assists’’ include both tangible and Domestic and Foreign Commodities intangible assistance, such as machinery, Exported from the United States. Schedule B tools, dies and molds, blue prints, is a U.S. Census Bureau publication and is copyrights, research and development, and based on the Harmonized Commodity engineering and consulting services. If the Description and Coding System value of these ‘‘assists’’ is identified and (Harmonized System). separately reported, it is subtracted from the value during statistical processing. The import statistics are initially collected However, where it is not possible to isolate and compiled in terms of approximately the value of ‘‘assists,’’ they are included. In 18,000 commodity classifications in the these cases, the unit values may be Harmonized Tariff Schedule of the United increased because of the inclusion of such States Annotated for Statistical Reporting ‘‘assists.’’ Purposes (HTSUSA), an official publication of the U.S. International Trade Commission. F.A.S. Export Value (Excluding Exports The HTSUSA is the U.S. import version of the to Canada) Harmonized System. The free alongside ship (F.A.S) value is the QUANTITY AND SHIPPING WEIGHT value of exports at the U.S. seaport, airport, or border port of export, based on the Quantity transaction price, including inland freight, insurance, and other charges incurred in Units of quantity shown are published in placing the merchandise alongside the terms of the units specified in the HTS and carrier at the U.S. port of exportation. The Schedule B for each classification. When two value, as defined, excludes the cost of units of quantity are required for an item in loading the merchandise aboard the the HTS or Schedule B, the first or primary exporting carrier and also excludes freight, unit is shown along with the value. insurance, and any charges or Also, specific to the FT895 tables, a ‘‘0’’ in transportation costs beyond the port of the ‘‘Net Quantity’’ column means that no exportation. quantity has been reported for that particular commodity. Statistical Month Shipping Weight The month of importation is the month in which the U.S. Customs and Border Shipping weight