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Trade Stats/Seizures – Protecting the American Consumer

Home News Trade Stats/Seizures – Protecting the American Consumer

Trade Stats/Seizures – Protecting the American Consumer

In February 2023, CBP processed more than 2.6 million entry summaries valued at more than $241 billion, identifying estimated duties of nearly $6.3 billion to be collected by the U.S. government. In February, trade via the ocean environment accounted for more than 41.08 percent of the total import value, followed by air, truck, and rail.

In February 2023, CBP identified 481 shipments valued at more than $109 million for further examination based on the suspected use of forced labor, and that may be subject to a Withhold Release Order, Forced Labor Finding, or the Uyghur Forced Labor Prevention Act’s rebuttable presumption, and, therefore, prohibited importation into the United States under 19 U.S.C. § 1307.

Intellectual property rights violations continue to put America’s innovation economy at risk. Trade in counterfeit and pirated goods threaten the competitiveness of U.S. businesses, the livelihoods of American workers, and the health and safety of consumers.

In February 2023, CBP seized 1,590 shipments that contained counterfeit goods valued at more than $182.4 million.

CBP completed 22 audits that identified $6.5 million in duties and fees owed to the U.S. government, stemming from goods that had been improperly declared in accordance with U.S. trade laws and customs regulations.  CBP collected over $7 million of this identified revenue and revenue from previous fiscal years’ assignments.

Source: U.S. Customs and Border Protection (CBP)

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