Puerto Rico recorded a trade surplus of 1991.40 USD Million in March of 2020.

Balance of Trade in Puerto Rico averaged 1574.42 USD Million from 2003 until 2020, reaching an all time high of 5218.40 USD Million in December of 2010 and a record low of -518.20 USD Million in January of 2020. This page provides - Puerto Rico Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Puerto Rico Balance of Trade - values, historical data and charts - was last updated on October of 2020.

Balance of Trade in Puerto Rico is expected to be 400.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Puerto Rico to stand at 1120.00 in 12 months time. In the long-term, the Puerto Rico Balance of Trade is projected to trend around 70.00 USD Million in 2021 and 50.00 USD Million in 2022, according to our econometric models.

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Puerto Rico Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
1991.40 2040.00 5218.40 -518.20 2003 - 2020 USD Million Monthly

Puerto Rico Trade Last Previous Highest Lowest Unit
Balance of Trade 1991.40 2040.00 5218.40 -518.20 USD Million [+]
Current Account 8148.10 8729.90 9454.70 -6608.10 USD Million [+]
Imports 3882.00 3631.80 5311.10 2022.40 USD Million [+]
Exports 5873.40 5671.80 8373.70 3039.80 USD Million [+]
Capital Flows -5142.70 -3730.40 8488.70 -9325.70 USD Million [+]
Tourist Arrivals 55.30 196.60 231.20 12.20 Thousand [+]

Puerto Rico Balance of Trade
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.