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 Foreign trade zones (FTZs) are the U.S. form of free trade zones. They are licensed by the Commerce Department's Foreign-Trade Zones Board and operate under the supervision of the Customs Service. The board is required to publish an annual report on its activities under the Foreign-Trade Zones Act of 1934 (19 USC 81a-81u).
This 68th annual report contains details of activities during fiscal year 2006 (October 1, 2005 through September 30, 2006), including the dollar value of merchandise moved, a list of the 67 formal orders issued during this time, and the locations, addresses, and contact points of all zones. There were 163 fully active FTZ projects during FY 2006. The combined value of shipments into the zones totaled $491 billion, compared with $410 billion in FY 2005. Exports from facilities operating under FTZ procedures amounted to $30 billion. About 350,000 persons were employed at some 3,500 firms that operated under FTZ status during the year.
(February 2008; vi, 61 pages; ISSN 1544-2322)
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