Foreign Trade Zone 92

What is the Mississippi Coast Foreign Trade Zone 92?

The Mississippi Coast Foreign Trade Zone (FTZ #92) is 5,000 acres of secured sites at airports, ports and industrial parks located within the Mississippi counties of Hancock, Harrison, and Jackson.

These Mississippi Gulf Coast counties lie along the north central Gulf of Mexico in the multi-modal transportation center of the state. All necessary governmental agencies to facilitate the uncomplicated importation and exportation of products are readily available at each site within the Mississippi Coast Foreign Trade Zone.

HCDC oversees the administration of FTZ 92.

    • Help facilitate and expedite international trade.

    • Help firms conduct international trade-related operations in competition with foreign facilities.

    • Help attract offshore activity and encourage retention of domestic activity.

    • Assist state/local economic development efforts.

    • Help create and maintain employment opportunities.

    • Duty Exemption(on re-exports). No duty paid if imported product is re-exported from FTZ.

    • Duty Deferral(on imports). Customs duties and federal excise tax deferred while product is in FTZ.

    • Inverted Tariff(on imports). In FTZ manufacturing or “kitting” activity, imported inputs can have higher duty rates than the finished product to be entered into U.S. commerce. The FTZ Board may allow applying the lower finished-product duty rate to the foreign inputs.

    • Logistical Benefits. Companies using FTZ procedures may have access to streamlined CBP procedures (e.g., "weekly entry" or "direct delivery").

    • Other Benefits: Delayed duty payment on imported production equipment to be used in FTZ. Foreign goods and domestic goods held for export are exempt from state/local inventory taxes