Could your company benefit from using a foreign-trade zone? Some companies can -- some can't. Fill in the "Inputs" boxes below with the appropriate values and click "Calculate" to find out if your company can benefit from using an FTZ. However, do not put any information in the "Calculations" boxes because these will be used to show your savings.


Foreign-Trade Zone Savings Worksheet

BACKGROUND	Inputs	Calculations
Annual inventory importations ($)
Inventory Turnovers (X per year)
Average Duty Rate for Parts (%)
Average Duty Rate for Finished Products (%)
Interest Rate or Cost of Money (%)
Dutiable Inventory Cost of Money
Obsolete and Surplus (%)
Waste, Scrap and Engineering Change (%)
Exports (%)
International Returns (%)
Zone-to-zone Transfer (%)
Inverted Duty ($)
GROSS SAVINGS ($)
ANNUAL FTZ EXPENSES ($) (Annual fees, personnel, inventory system, bond, etc.)
NET ANNUAL FTZ SAVINGS ($) (gross savings - expenses)

Note:  It is the responsibility of the FTZ user to determine if the figures calculated by this worksheet are realistic for its operation.  Also, there are other FTZ benefits that are not quantified in this worksheet which could result in higher savings.  For assistance completing this sheet or for information on FTZ sites in South Carolina, contact the Ports Authority at ftzinfo@scspa.com or (843)577-8144.