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This is a list of U.S. states, U.S. territories, and the District of Columbia by exports of goods and imports of goods as of 2018. [note 1]An export in international trade is a good or service produced in one country that is bought by someone in another country.
ISO 3166-2:VI is the entry for the United States Virgin Islands in ISO 3166-2, part of the ISO 3166 standard published by the International Organization for Standardization (ISO), which defines codes for the names of the principal subdivisions (e.g., provinces or states) of all countries coded in ISO 3166-1.
The United States Virgin Islands, [b] officially the Virgin Islands of the United States, are a group of Caribbean islands and a territory of the United States. [8] The islands are geographically part of the Virgin Islands archipelago and are located in the Leeward Islands of the Lesser Antilles. [9] The islands have a tropical climate.
Charlotte Amalie Harbor, Saint Thomas, U.S. Virgin Islands. The economy of the United States Virgin Islands is primarily dependent upon tourism, trade, and other services, accounting for nearly 60% of the Virgin Island's GDP and about half of total civilian employment. Close to two million tourists per year visit the islands. [1]
(Other islands are uninhabited, although Palmyra Atoll, administered by the Fish and Wildlife Service, is permanently staffed and has several private land parcels. It has no customs administration or duties.) US Virgin Islands - Federal rules as modified by the Virgin Islands legislature, but implemented by U.S. Customs and Border Protection
The authority of Congress to regulate international trade is set out in the United States Constitution (Article I, Section 8, Paragraph 1): . The Congress shall have power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and to promote the general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform ...
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Terms include free port (porto Franco), free zone (zona franca), bonded area (US: foreign-trade zone), free economic zone, free-trade zone, export processing zone and maquiladora. Most commonly a free port is a special customs area or small customs territory with generally less strict customs regulations (or no customs duties or controls for ...