Puerto Rico Possible Research and Development Strategies
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How to fill out Possible Research And Development Strategies?
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Services. Services, including trade, finance, tourism, and government work, have become the dominant and most dynamic force in Puerto Rico's economy, accounting for about half of the GDP and as much as three-fourths of employment on the island.
Puerto Rico main exports products are pharmaceuticals, accounting for over 50 percent of all exports. Others include medical equipment, computers, apparel, canned tuna, rum, beverage and concentrates. Puerto Rico's main exports partner is the United States, accounting for around 70 percent of total exports.
Taken together, new and existing businesses can find bountiful options for success in San Juan County.Outdoor Recreation/Tourism.Petrochemical Manufacturing.Manufacturing.Retirement.Agriculture.
Service. The service industry is Puerto Rico's fastest-growing industry, and it has most recently overtaken manufacturing as Puerto Rico's primary industry in terms of GDP production. The three branches of Puerto Rico's service industry, described in further detail below, are finance and real estate, trade, and tourism
The chief exports are chemicals and chemical products, foodstuffs, and computers and electronics. The main imports are chemicals and chemical products, petroleum and coal products, food products, transportation equipment, and computers and electronics.
The economy of Puerto Rico is mainly driven by manufacturing, primarily pharmaceuticals, textiles, petrochemicals, and electronics; followed by the service industry, primarily finance, insurance, real estate, and tourism.
The chief exports are chemicals and chemical products, foodstuffs, and computers and electronics. The main imports are chemicals and chemical products, petroleum and coal products, food products, transportation equipment, and computers and electronics.
Puerto Rico's manufacturing sector has shifted from the original labor-intensive industries, such as the manufacturing of food, tobacco, leather, and apparel products, to more capital-intensive industries, such as pharmaceuticals, chemicals, machinery, and electronics.
Puerto Rico main exports products are pharmaceuticals, accounting for over 50 percent of all exports. Others include medical equipment, computers, apparel, canned tuna, rum, beverage and concentrates.
Puerto Rico is classified as a high income country, high income countries are defined by the World Bank as countries with a Gross National Income (GNI) per capita of $11,116 or more.
