U.S. Customs and Border Protection Rulings and Legal Decisions Update

KEY HIGHLIGHTS

• CBP conducted over 800 domestic and international outreach events – including trainings, conferences, public meetings, capacity building, and more – with U.S. manufacturers, importers, and members of the international customs community to increase awareness and mitigate risks in trade.
• In FY 2023, CBP partnered with 16 domestic and international academic and private industry entities, to provide technical guidance on the compliant importation of biological materials and highlight our layered agriculture safeguarding continuum. » CBP processed over $5 trillion in combined imports/exports. » The volume of entries CBP processed declined from 39.1 million in FY 2022 to 36.7 million; however, the value of imports processed was nearly the same, at $3.33 trillion compared to $3.35 trillion in FY 2022.
• The agency processed more than 36.6 million imported cargo containers at U.S. ports of entry and collected approximately $92.3 billion in duties, taxes, and other fees on behalf of the U.S. government in FY 2023, a 17.46% decrease from FY 2022.
• CBP issued more than 6,400 rulings and decisions that provide the trade community with guidance regarding the application of customs laws and regulations in order to facilitate trade compliance.
• CBP completed 435 audits and collected $114.5 million as a result of the audit work.
• CBP facilitated over 785 million transactions in Section 321 Data Pilot and Entry Type 86 Test. These technology pilots seek to collaborate with industry partners to mitigate risk and expedite clearance of low value e-commerce shipments.
• Approximately $3 billion in time and cost savings to CBP and the trade community were associated with Entry Type 86 electronic clearances. Since their inception, both pilots have resulted in an approximately 90% reduction in holds in participating online platforms. Publication number: 3737-0624
• The U.S. processed over 1 billion de minimis shipments, those valued at $800 or less, worth over $50 billion through postal, express, and non-express facilities.

To read full report Click HERE