Puerto Rico Products and Services Differentiation Worksheet

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Multi-State
Control #:
US-04031BG
Format:
Word; 
Rich Text
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Description

In marketing, product differentiation is the process of distinguishing a product or offering from others, to make it more attractive to a particular target market. This involves differentiating it from competitors' products as well as a firm's own product offerings. Differentiation can be a source of competitive advantage. Marketing or product differentiation is the process of describing the differences between products or services, or the resulting list of differences. This is done in order to demonstrate the unique aspects of a firm's product and create a sense of value.
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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 Spanish also introduced many vegetables and fruits to Puerto Rico, such as bananas, coffee, sugarcane, mangoes, tamarinds, and plantains. Their influence is evident in dishes such as asopao and arroz con pollo, which are based on arroz caldoso and Valencian paella.

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.

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 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.

Puerto Rico mainly imports chemicals, oil, food, electrical appliances, machinery and equipment, transport vehicles, and plastics. Puerto Rico's main imports partner is the United States, accounting for 43 percent of total imports.

Yet today, even with a tropical climate that allows farmers to grow food year-round, Puerto Rico imports over 80 percent of its food.

The main imports are chemicals and chemical products, petroleum and coal products, food products, transportation equipment, and computers and electronics.

Click here to contact us Puerto Rico mainly imports chemicals, machinery and equipment, clothing, food, fish and petroleum products. Puerto Rico's main trading partner is the United States, accounting for 58 percent of total trade. Others include, Germany, the Netherlands, Belgium, Spain, the United Kingdom and France.

What is Puerto Rico Most Famous For?Explore Old San Juan.Hit the beach.Tour the Bacardi Distillery.Snorkel on colorful coral reefs.Eat Mofongo.Find the abandoned tanks.Must-See: El Yunque National Forest.Tour the Museums of Ponce.More items...

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Puerto Rico Products and Services Differentiation Worksheet