• Farrow

Tracking

Search

Navigation

Trade Stats/Seizures

Home News Trade Stats/Seizures

Trade Stats/Seizures

CBP works diligently with the trade community and port operators to ensure that merchandise is cleared as efficiently as possible. CBP works with the trade community to strengthen international supply chains and improve border security. There are several programs by which CBP works with importers, carriers, consolidators, licensed customs brokers, and manufacturers to advance information about the shipments and expedite the inspection process at the ports of entry. CBP is available to conduct exams and is ready and willing to expand hours of operations if necessary to meet the growing demand for imported goods.

In April 2023, CBP processed more than 2.6 million entry summaries valued at more than $257 billion, identifying estimated duties of nearly $6.5 billion to be collected by the U.S. government. In April, trade via the ocean environment accounted for more than 42% of the total import value, followed by air, truck, and rail.

In April 2023, CBP identified 377 shipments valued at more than $159 million for further examination based on the suspected use of forced labor, and which may be subject to a Withhold Release Order, Forced Labor Finding, or the Uyghur Forced Labor Prevention Act’s rebuttable presumption, and 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 April 2023, CBP seized 1,864 shipments that contained counterfeit goods valued at more than $2.7 billion.

CBP completed 33 audits that identified $136 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 $2 million of this identified revenue and from previous fiscal years’ assignments.

Source: U.S. Customs Border and Protection

View Farrow’s CARM page.

Grow your business with our logistics solutions

Get the expert support and service needed to comply with shipping regulations, optimize your supply chain and more.

White Farrow icon

Your international trade experts are here to help.

Transporting your goods across borders? Get in touch and a Farrow representative will reach out shortly.

Request a Quote
White Farrow icon

Keep up with the latest trade news.

Stay informed with up-to-date information on US and Canadian customs and international trade topics.

Explore Our Resources