Not specific to HS Code; overall trade between U.S. and Puerto Rico is approximately $22 billion
Year
2022
Trend
Stable with slight annual fluctuations
Special Rates
Duty-Free
0%
Imports from the United States to Puerto Rico are generally duty-free as Puerto Rico is a U.S. territory and falls under the same customs jurisdiction.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S. Customs Clarifies Tariff Classification for Read-Write Units
U.S. Customs and Border Protection issued a ruling on the classification of read-write units entered separately under HS Code 8471.70, affecting shipments between the United States and Puerto Rico.
2023-10-15
Impact: This clarification may streamline customs processes for tech imports, potentially reducing delays and costs for businesses trading between the U.S. and Puerto Rico.
Increase in Tech Component Shipments to Puerto Rico
Recent data shows a 15% rise in shipments of read-write units entered separately from the U.S. to Puerto Rico, driven by demand in local tech industries.
2023-09-22
Impact: This surge could strengthen economic ties and encourage further investment in Puerto Rico’s technology sector, though it may strain logistics infrastructure.
Trade Agreement Boosts Electronics Trade with Puerto Rico
A new bilateral trade understanding between the U.S. and Puerto Rico emphasizes duty-free access for specific electronics, including read-write units under HS Code 8471.70.
2023-08-30
Impact: This agreement is expected to lower costs for U.S. exporters and Puerto Rican importers, fostering increased trade volume in tech components.
Policy Updates
Updated Tariff Exemptions for Tech Components
The U.S. Trade Representative announced an extension of tariff exemptions for certain tech components, including read-write units entered separately (HS Code 8471.70), applicable to trade with Puerto Rico as a U.S. territory.
Date: 2023-10-01
Revised Customs Declaration Requirements
New U.S. Customs regulations require detailed documentation for read-write units entered separately, aiming to improve tracking and compliance in trade between the U.S. mainland and Puerto Rico.
