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Puerto Rico

Welcome to the price transmission page for Puerto Rico. This page enables you to look into the country and its crops more specifically to gain an understanding of the level of risk and also, to view its historic warning periods per commodity. Select a time range or a specific date to view the data in more detail.

Puerto Rico

Historic Warnings per Commodity

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Background information

The archipelago Puerto Rico is a United States territory in the Caribbean. Main industry sectors include manufacturing of primarily pharmaceuticals, textiles, petrochemicals and electronics on the one hand and the service industry on the other hand. Especially tourism marks an important source of income. In spite of the country’s small size and consequent scarce natural resources, Puerto Rico is a net exporter and therefore highly vulnerable to global commodity price fluctuations.

The agricultural sector is very small, accounting for less than 1% of output and employing roughly 2% of the labor force. Approximately one-fifth of the total land area is used for agricultural products such as sugarcane, coffee and fruits. Overall, Puerto Rico is a net food importer. Malnutrition, especially among children, is still widespread.

The population of Puerto Rico is highly urbanized and mainly literate. Unemployment is a serious issue, especially among the youth, which leads to an excessive labor force migration mainly to the US mainland. Compared to the United States, Puerto Rico is a poor territory with around two-fifths of the population living below the national poverty line. When compared to other countries in Latin America however, Puerto Rico performs well with regard to the GDP per capita in the region.