The Baltimore Development Corporation administers Foreign Trade Zone #74, a federally designated area located within the United States yet considered “outside” of U.S. Custom’s territory for the purposes of assessing and collecting import duties and taxes.   The Foreign Trade Zone designation can lead to thousands of dollars in savings through its various incentives.   The most notable savings for businesses are in the deferals on Customs duties (cash-flow), weekly filling entries which lead to potential savings on merchandise processing fees, and no duties are ever paid on re-exports.

Baltimore’s Foreign Trade Zone consists of over 2,000,000 square feet of non-contiguous industrial and warehouse space.  During the reporting period October 1, 2006 to September 30, 2007 the zone served 86 businesses.  Of these, 13 used the zone on a continuous basis, employing up to 191 people.  Businesses in the zone handled 22 different products from 11 countries of origin.  Over $158 million worth of merchandise held in the Zone was sold to domestic and foreign markets during the reporting period.          
 
Contact Information: For more information on this program, please contact BDC staff, Elizabeth Weiblen, Enterprise Zone Administrator and Director of Baltimore’s Foreign Trade Zone #74 at 410-779-3838 or via email: eweiblen@N0SPAM.baltimoredevelopment.com .
 
Map of the designated FTZ space. 

Map overlaying the FTZ zones, HUB zones and Enterprise Zones of the City of Baltimore.