Fast Facts on Electronics by Air to Central, South America and Caribbean
Electronics distributors, retailers and importers are increasingly turning to air freight. High-value goods, cell phones, laptops, PCs require only the most professional air freight service and security detail. The same holds true for parts used in manufacturing for electronics.
If you are a company seeking to sell or export electronics in Central America, South America and the Caribbean, here are some fast facts to consider.
U.S. and Mexico are Top Producers
The U.S. is the third largest exporter of electronics worldwide, with export products valued at nearly $170 billion in 2015. Mexico is also a growing producer of electronics, exporting more than $81 billion of electronics products in 2015.
Demand for computers and other electronics are brisk in many Central American and South American countries, as well as the Caribbean islands. For those firms looking to do business in these regions, free trade agreements have eliminated many tariffs for U.S. exporters of electronics, including medical and scientific equipment.
Electronics exporters can take advantage of the Dominican Republic-Central America-United States Free Trade Agreement (CAFTA-DR) entered into between the United States, El Salvador, Guatemala, Honduras, and Nicaragua in 2006, with the Dominican Republic added in 2007, and Costa Rica in 2009. In 2015, tariffs were eliminated for 100 percent of U.S. consumer and industrial goods exported to CAFTA-DR countries.
In the Caribbean, in addition to CAFTA-DR having sparked additional electronics shipments to the Dominican Republic, in regions such as the islands of Trinidad and Tobago, the government has removed many trade barriers. For exports to Trinidad and Tobago, computer hardware and scanners are among the electronics that are tariff-free. Only a small number of products remain on a “negative list” and require import licenses, or are subject to import surcharges.
In South America, countries such as Chile have benefitted by free trade agreements with the U.S.-Chile Free Trade Agreement, which eliminated tariffs on all U.S. products as of 2015. In addition, to meet regional demand, many electronics distributors are setting up shop in countries like Brazil.
Tariffs for Electronics
For current tariff information for goods manufactured in the U.S., the Caribbean, Mexico, Central and South America, always check with your customs broker or air freight forwarder for up-to-date information.
Amerijet ships electronics
Freight forwarders turn to Amerijet International, a Miami-based all-cargo carrier offering shipping services to more than 625 destinations worldwide and 25 offices in the U.S. The carrier provides all-cargo scheduled and charter air service to many leading destinations in the Caribbean, Mexico, Central America and South America. When your shipments can’t wait, we offer General Cargo Express (GCX) for next-available-flight service. Allow the Amerijet team to serve you with services that include pick-up, customs clearance and worldclass security procedures.
Learn more about Amerijet air freight services