ABSTRACT

Import Trade Trends: Fiscal Year 2012, Year-End Report   [open pdf - 3MB]

"Reflecting on fiscal year 2012, we can feel very optimistic about the future of U.S. trade. The value of our imports reached an all-time high for the second consecutive year, as U.S. Customs and Border Protection [CBP] processed goods valued at nearly $2.4 trillion. In addition, CBP collected a record $39.4 billion in revenues, a 6 percent increase over revenue collected during fiscal year 2011. With these key trade indicators reaching record levels, expediting legitimate trade is more important than ever. CBP has partnered with the trade community to make international trade more efficient, cost-effective and secure. For example, CBP piloted and officially launched four Centers of Excellence and Expertise during fiscal year 2012. The agency established centers for electronics; pharmaceuticals, health and chemicals; automotive and aerospace; and petroleum, natural gas and minerals to centralize processing for trusted partners and provide uniformity for importers within specific industries. These virtual centers allow CBP to proactively monitor and analyze the flow of goods into the United States with increased speed and are at the heart of CBP's 'Trade Transformation' efforts."

Publisher:
Copyright:
Public Domain
Retrieved From:
U.S. Customs and Border Protection: http://www.cbp.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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