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Imports and exports of Puerto Rico

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Imports and exports of Puerto Rico
Puerto Rico

Capital City – San Juan.
Official language – Spanish & English.
Location – Caribbean.
Climate - Average temperatures year round between 80 °F and 70 °F (26.7 °C - 21.1 °C).
Currency - United States Dollar (USD) $.
Population - 3,620,897 (July 2014).
Nationality - Puerto Rican.
Primary ethnicity – Hispanic.
Total area - 3,515 sq. mi (9,104 sq. km).
Main import - chemicals, machinery, equipment, clothing, food, and petroleum products.
Main export - chemicals, electronics, apparel, rum, and medical equipment.
The US is the main trading partner of Puerto Rico and accounts for nearly 90% of its exports and over 55% of its imports; with small proportions going to the Netherlands, Dominican Republic and the UK.
Agriculture
Agriculture constitutes about $808 million US$ or about 0.8% of the island's gross domestic product (GDP). However, Puerto Rico imports 85% of its food even though most of the land is fertile. Only a mere 6% is able to be used for farming; a fact that poses a direct threat to Puerto Rico's food security. This perplex situation has been caused due to a shift in priorities towards industrialization, bureaucratization, mismanagement of terrains, lack of alternative methods, and a deficient agricultural workforce. Puerto Rico's geographical location within the Caribbean worsens these issues, making the scarce existing crops valuable, due to the devastating effects of Atlantic hurricanes.
Fruits, grains, legumes, tubers, vegetables, spice, and herbs are industrially cultivated and widely consumed and imported,
Energy, water, and public utilities Puerto Rico's electricity consumption from 2005–2014 showcases a slight increase on commercial consumption with a small decline in residential consumption and a significant decline in industrial consumption. The local energy infrastructure is administered in whole by the Puerto Rico Electric Power Authority (PREPA), a government-owned corporation and a government monopoly

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