ImportKey

If your business involves international product imports to U.S., a 3PL can assist you in learning more about Foreign Trade Zone Access. FTXs are areas that are under U.S. Customs and Border Protection's (CBP) surveillance and generally considered to be out of CBP territory after activated. They are close to CBP entry points or ports and represent the U.S. equivalent of what is internationally known as free trade zones.   Foreign Trade Zones (FTZ), allow import products to enter America. There is no duty until the products arrive at their destination in the United States. FTZs are able to store products for longer periods. FTZs can store products for longer periods. Trudy Huguet is the senior director for FTZ Products at GEODIS Americas. FTZ is an American government program that stresses compliance. She stated that the program can be used in any supply chain. Huguet stated that, while foreign trade services can be great, 3PLs could also be a benefit for ...

According to the US Department of Agriculture's Economic Research Service, Mexico was responsible for 77% of US fresh fruit import volume and Canada for 11%. According to US import data from the US, fresh produce imports increased by nearly 200 percent in the last 20 years. Most of the imports were from Canada and Mexico. Fresh produce imports also outstripped fresh exported by $7.6 Billion, nearly double the amount in a decade. A combination of US trade data and domestic census data shows that Canadian producers are outperforming the US import market. They offer organic and protected culture (or greenhouse) options and more options for American consumers. Although conventional, field-grown fresh produce remains America's most important import source, organic and other green products have a growing market share.   The 2019 Census of Horticulture data shows that the US has seen a 508 percent increase in greenhouse pepper production since 2009. It grew fro...

It might be worthwhile to speak with a third-party logistics company if your business imports products from foreign countries. This will help you learn about Foreign Trade Zone access, and what a 3PL could offer your business in an FTZ. FTXs are considered secure locations that have been under the supervision of US Customs and Border Protection (CBP) and are generally not subject to CBP jurisdiction once activated. They are located near CBP entry points or ports and can be considered the United States' equivalent of free trade zones. Foreign Trade Zones (FTZ), are available to facilitate imports in the country. No duty is levied on products that are not yet at their destination in the United States. FTZs are able to store products for longer periods. You can return them if they are no longer needed. Trudy Huguet (senior director, FTZ Product, GEODIS Americas) stated that the FTZ program was an initiative of the U.S. government that focuses on compliance. She ...

  According to the US Department of Agriculture's Economic Research Service, Mexico was responsible for 77% of US fresh fruit import volume and Canada for 11%. According to data from the US, fresh produce imports increased by nearly 200 percent in the last 20 years. Most of the imports were from Canada and Mexico. Fresh produce imports also outstripped fresh exported by $7.6 Billion, nearly double the amount in a decade. A combination of US trade data and domestic census data shows that Canadian producers are outperforming the US import data market. They offer organic and protected culture (or greenhouse) options and more choices to American consumers. Although conventional, field-grown fresh produce remains America's most important import source, organic and other green products have a growing market share. The 2019 Census of Horticulture data shows that the US has seen a 508 percent increase in greenhouse pepper production since 2009. It grew from 2mi...

  Access to US Import data allows businesses to compete globally. Entrepreneurs desire to expand and contract their businesses. You can either import or export products to achieve this. These are the key elements that make a business succeed. How important is it to have products exported and imported? International business success can be affected by many factors. International business success is dependent on your ability to import and export goods. These are essential for the growth and development of other countries' economies. You can also obtain custom data, such as US customs data . Each country has its own unique resources. One country might not have all the resources necessary to improve and develop its economy. Some countries possess high levels of precious metals and minerals. These metals and minerals may not always be available. They aren't all equally valuable. Some countries have better education systems and infrastructures than others. ...

The US trade deficit refers to the difference in import and export between the United States and its trading partner. The US Customs Data and Border Protection release these figures frequently. Due to the high volume of data, they are published every year. These data are not available for previous years. It is crucial to understand trade flows. Free trade means that every country can act as a value storehouse. Each country has its own products, services, and prices. To reduce foreign investment, trade barriers could be used. Imported goods and services can be sold in the US at a lower price than in your country. This decreases the chance of trade wars. What happens if tariffs go up? Many fear that the US may raise tariffs and increase imports to force us into recession. Stopping trade flows in the US would lead to economic disaster for all sectors. Both imports and exports contribute to the US's financial stability and increase in dom...

Customs statistics from the United States are extremely important for analyzing the movements and origins of commodities imported and exported through US ports. The Integrated Cargo System manages data from importers/exporters as well as their agents. The Customs and Border Protection (CBP) of the United States supply the Customs data required by the national authority. The CBP Integrated Cargo Network is used to provide these detailed quarterly statistics. It contains commodities data such as tones, cargo value, port of departure, country of destination, mode of transportation, and country of origin. Customs and Border Protection (CBP) in the United States clean and aggregates data and make adjustments to the timeliness, coverage, and valuation. Some statistics are also subject to confidentiality limitations to prevent their names from being revealed. The CBP Methodology describes the processes that US Customs and Border Protection takes to clean up data. Under a Creative Commons Lice...