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Ones By Melissa Davis - 11-30-1998
The Big Picture, The National Impact of
the Foreign-Trade Zones Program
Publication Released by NAFTZ
Foreign-Trade Zones (FTZs) were created in the United States
to provide special customs procedures to U.S. plants engaged
in international trade-related activities. These procedures
were aimed to offset customs advantages available to overseas
producers who compete with domestic industry. The FTZ program
requires that zone activities result in a significant public
benefit and a net positive economic effect.
Before examining the public benefits and positive economic
effects of FTZs state-by-state, it is useful to consider the
impact of the FTZ program nationwide: There are several key
indicators of the impact of the program in 2003: the combined
value of shipments into zones, referred to as annual volume;
the dollar value of exports from zones; the number of jobs
associated with zones; and the number of private firms actively
engaged in zone activities. The positive direction of all
of these indicators during 2003, suggests that the FTZ program
is clearly benefiting the U.S. economy and strengthening international
FTZ Volume in 2003
The combined value of shipments into U.S. foreign-trade zones
(both general-purpose zones and subzones) totaled $245 billion
in 2003. This volume of activity represents a 20% increase
over the $204 billion in zone receipts reported by the Foreign-Trade
Zones Board for 2002. Sixty-five percent of goods entering
zones are from the U.S.
Exports to Foreign Countries
The exports from U.S. foreign-trade zones to foreign countries
reached $19.8 billion in 2003. These export figures show an
increase of 27% over the $15.6 zone exports reported for 2002.
Exports from all of the U.S. grew by 4% in the 2002-2003 period.
Some zone merchandise, after entering the U.S., is further
manipulated and then exported to a foreign jurisdiction. If
these transactions were properly accounted for, the export
numbers for zones would be even larger.
In 2003, there were 338,225 persons whose jobs were associated
with zone activities. Zone-related jobs increased 6% between
2002 and 2003. Total U.S. employment in non-agricultural sectors
increased 1% during the same period.
Firms Engaged in Zone Activities
There were 2,796 firms actively engaged in zone activities
in 2003. This figure represents an increase of 22% over the
number of actively engaged firms (2,285) reported for 2002.
For more information, please contact the:
National Association of Foreign-Trade Zones
1000 Connecticut Ave., NW, Suite 1001, Washington, DC 20036
202-331-1950 I 202-331-1994 (fax), www.naftz.org
OKLAHOMA FOREIGN-TRADE ZONE STATISTICS
|Foreign-Trade Zones: 4
|Annual Volume: $1.17 billion
||Active Firms: 2
|Exports from the Zones: $23.46
||Active Subzones: 4
Oklahoma Foreign-Trade Zones and Subzones
|FTZ No. 53
Rogers County (Tulsa)
|FTZ No. 106
|FTZ No. 164
|FTZ No. 227
FTZ NO. 227 is brand new.
*No Data Available
**This figure is misleading because it indicates that the
companies in the zone do not export when in fact they do.
However their products are "exported" from their
retail outlets which requires their products to enter into
the U.S. Customs area first. Therefore, there are no "exports"
from the "zone."
Note: All categories include both general purpose and subzones
estimates. Annual volume is considered received merchandise
from the FTZs, including only goods of domestic origin and
foreign status, not zone-to-zone transfers. Annual volume
and exports are measured in millions of dollars.