Wednesday, December 23, 2020

Customs Issues Trade Statistics

CBP has the critical responsibility to enforce U.S. trade laws prior to merchandise arriving at U.S. ports of entry, once merchandise arrives at our ports, and even after merchandise is released into the U.S. marketplace. Among other critical mission sets, CBP is charged with balancing the facilitation of legitimate trade that supports economic growth with the duty to shield the American public and businesses from unsafe products, intellectual property theft, and unfair trade practices.

The below data is only a snapshot of CBP's critical trade mission. It summarizes CBP's revenue collection efforts; implementation of the recent trade remedies taken pursuant to Section 232 of the Trade Expansion Act of 1962 and Sections 201 and 301 of the Trade Act of 1974; and trade enforcement actions.

IMPORTS AND REVENUE COLLECTIONSFY 2017FY 2018FY 2019FY 2020
Total Import Value for Goods
$2.39 trillion$2.64 trillion$2.67 trillion$2.42 trillion
Total Entry Summaries33.2 million35.0 million35.5 million32.8 million
Total Duty Collected$34.6 billion$41.6 billion$71.9 billion$74.4 billion

TRADE REMEDY ENFORCEMENTIMPORTED PRODUCTSTOTAL DUTIES ASSESSED1
Section 201 Duty Assessment
Washing Machines2$236,454,002
Washing Machine Parts3$2,161,431
Solar Panels4$1,922,336,823
Section 232 Duty AssessmentAluminum5$2,312,853,926
Steel6$7,438,080,758
Section 301 Duty AssessmentChina7$72,207,869,575
EU8$930,873,309

TEMPORARY DEFERMENT OF DUTIES AND FEES FOR CERTAIN IMPORTERS DURING THE NATIONAL EMERGENCY CONCERNING THE COVID-19 OUTBREAK9, 10
Amount of estimated payments under extended deadlines$574,745,901
Number of importers requesting extended deadlines2,605

1As of December 16, 2020

2 Section 201 tariff-rate quotas for washing machines were effective February 7, 2018, for all countries except Canada and most Generalized System of Preferences (GSP) beneficiary countries (except Thailand).
3 Section 201 tariff rate quotas for washing machine parts were effective February 7, 2018, for all countries except Canada and most Generalized System of Preferences (GSP) beneficiary countries (except Thailand).
4 Section 201 duty requirements for solar cells and modules were effective February 7, 2018, for all countries except most Generalized System of Preferences (GSP) beneficiary countries (except Thailand and the Philippines).
5 Section 232 duty requirements for aluminum products were effective March 23, 2018, for most countries. As of June 1, 2018, Section 232 duty requirements for aluminum products are effective for all countries of origin except Argentina and Australia. As of May 20, 2019, Section 232 duty requirements for aluminum products are effective for all countries of origin except Argentina, Australia, Brazil, Canada, Mexico and South Korea.
6 Section 232 duty requirements for steel products were effective March 23, 2018, for most countries. As of June 1, 2018, Section 232 duty requirements for steel products are effective for all countries of origin except Argentina, Australia, Brazil, and South Korea. As of May 20, 2019, Section 232 duty requirements for steel products are effective for all countries of origin except Argentina, Australia, Brazil, Canada, Mexico and South Korea.
7 Section 301 duty requirements were effective July 6, 2018.
8 Section 301 duty requirements for certain products of the EU were effective October 9, 2019. The U.S. Trade Representative published in the Federal Register 84 FR 54245, a Notice of Determination and Action Pursuant to Section 301: Enforcement of U.S. WTO Rights in Large Civil Aircraft Dispute. The notice announces the U.S. Trade Representative’s determination to impose additional duties on products of the EU or certain member states. The Large Civil Aircraft Section 301 duties only apply to products of the countries set forth in 84 FR 54245, and are based on the country of origin, not country of export.

9 As of May 19, 2020

10Under section 1318(a) of title 19, United States Code, the Secretary shall consider taking appropriate action to temporarily extend deadlines, for importers suffering significant financial hardship because of COVID-19, for the estimated payments described therein, other than those assessed pursuant to sections 1671, 1673, 1862, 2251, and 2411 of title 19, United States Code.

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