Free Trade Zones
FTZ 1 - New York – Foreign Trade Zone in United States
FTZ 1 - New York, United States: First US Foreign Trade Zone, serving the greater New York metropolitan area.
- Type
- Foreign Trade Zone
- Country
- United States
- City
- New York
- Established
- 1936
- Operator
- Port Authority of NY/NJ
- Nearest port
- Port of New York/New Jersey
- Nearest airport
- JFK International
First US Foreign Trade Zone, serving the greater New York metropolitan area.
Foreign Trade Zone: Designated areas where goods can be imported, stored, and manufactured with deferred duties.
Oldest FTZ in the United States
Benefits
- Duty deferral on imports
- Duty elimination on re-exports
- Inverted tariff benefits
- Weekly entry processing
- Reduced merchandise processing fees
Key industries
- Distribution
- Pharmaceuticals
- Electronics
- Fashion
More in this directory
- FTZ 202 - Los Angeles – Foreign Trade Zone in United States
- FTZ 22 - Chicago – Foreign Trade Zone in United States
- FTZ 26 - Atlanta (Shenandoah) – Foreign Trade Zone in United States
- FTZ 84 - Houston – Foreign Trade Zone in United States
- Saigon Hi-Tech Park (SHTP) – Technology Park in Vietnam
- Dubai Airport Freezone (DAFZA) – Free Zone in United Arab Emirates
Frequently asked questions
What are the benefits of FTZ 1 - New York?
Duty deferral on imports, Duty elimination on re-exports, Inverted tariff benefits, Weekly entry processing, Reduced merchandise processing fees
Which industries use FTZ 1 - New York?
Distribution, Pharmaceuticals, Electronics, Fashion