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Foreign Trade Zones

The U.S. Foreign-Trade Zones (FTZ) program was created by the Foreign-Trade Zones Act of 1934 to encourage foreign commerce in the United States, and to make U.S operations more competitive in international markets. These zones are defined as geographic areas adjacent to a U.S. port of entry, where foreign and domestic commercial merchandise receives the same Customs treatment as it would outside the United States. There are a number of benefits associated with FTZs, including inverted tariffs (the ability to pay the lower of two possible duties), duty-free services of product inspection, testing and re-packaging, a cap on merchandise processing fees and the reduction or elimination of some additional fees paid to U.S. Customs. Today, there are more than 230 U.S. FTZ projects.

Foreign trade zones allow cargo to be imported and export without having to pay customs duties and fees.

Manufacturers Use FTZs to Save Money, Speed Goods To Market

Case Study Outlines Benefits, Cost-Savings, Strategic Advantages Of A 3PL-Operated Trade Zone

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Expansion will allow port to handle more shipments of export cargo and import cargo in international trade.

New Jordan logistics facility for shipments of export cargo and import cargo in international trade.

Expansion will allow 3PL to handle more shipments of export cargo and import cargo in international trade.

Miami is a natural gateway for African companies interested in shipments of export cargo and import cargo in international trade.

Polk County, Florida, boasts abundant infrastructure for shipments of export cargo and import cargo in international trade.

Food supply chains of shipments of export cargo and import cargo in international trade face challenges.

Foreign trade zones allow cargo to be imported and export without having to pay customs duties and fees.

Port of Virginia terminals will be expanding to handle more shipments of export cargo and import cargo in international trade.

Foreign trade zones offer advantages for processing shipments of export cargo and import cargo in international trade.

Michaels is using FTZ for shipments of export cargo and import cargo in international trade.

DP World advising on development of FTZ in Baku for handling shipments of export cargo and import cargo in international trade.

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