Cost and Benefit Calculator

Minnesota Foreign Trade Zones are best viewed as an investment for a company’s future. Use the cost and benefit calculator; learn how it will provide long-term savings for your company.

Step 1: Determine FTZ Authority and Zone Type

In which Minnesota county is your company located where potential Foreign Trade Zone would be established?

Greater Metro International Falls Duluth

Minneapolis Convention Center
Saint Paul
Eagan Industrial Park
The Greater Airport Bloomington Site
Mid-City Industrial Park
Bloomington Central Industrial Area

Is your company located on a current public zone? Is your company located on a current public zone? Is your company within 60 miles or 90 minutes driving distance from Duluth?
Yes No

Is your company planning or doing any type of manufacturing on the site where the Foreign Trade Zone would be established?
Yes No

How many employees does your company have?
less than 50
between 51 and 150
between 151 and 300
more than 300



Step 2: Estimate Cost and Benefit of FTZ Implementation

Examples

Annual Value of Imports

$

20,000,000

Annual Re-Exported Volume Portion

%

10

Average US duty Rate for Foreign Goods

%

10

Average Duty Rate for Finished Products

%

7.5

Average Inventory of Imports

$

5,000,000

Inventory Related Wastage/Scrap/Defect Rate

%

2

Number of Customs Entries Filed Per Year

500

Average Processing Cost per Entry

$

100

This is a preliminary analysis which is only as accurate as the assumptions used to generate the results. The analysis should not be relied upon until the assumptions, calculations, and results have been verified.