Several indicators of U.S. Customs and Border Protection’s trade enforcement efforts are on pace to increase in FY 2025, illustrating that these efforts can have a substantial impact on the trade community. As always, conducting an import compliance review can help companies avoid or mitigate those impacts. For more information on ST&R’s import compliance reviews and how they can benefit your company, please contact messages@strtrade.com or your ST&R professional.
(Figures in bold below represent those trending higher than in FY 2024, while those in italics show those trending lower.)
|
|
FY 2023
|
FY 2024
|
1H FY 2025
|
|
Completed audits
|
435
|
417
|
200
|
|
Collections from audits
|
$114.5 million
|
$117.67 million
|
$134.2 million
|
|
Revenue from entry summary reviews
|
$256.3 million
|
$667.55 million
|
$20.3 billion
|
|
Trade penalties issued
|
2,592
|
2,204
|
1,055
|
|
Trade liquidated damages
|
19,832
|
22,399
|
16,403
|
|
Penalty/liquidated damage collections
|
$33.3 million
|
$26.3 million
|
$12.6 million
|
|
Trade seizures
|
44,558
|
48,444
|
23,794
|
|
IPR seizures
|
19,522
|
20,516
|
10,533
|
|
MSRP of IPR seizures
|
$2.4 billion
|
$5.5 billion
|
$2.5 billion
|
|
Import safety seizures
|
6,183
|
6,888
|
4,251
|
|
Value of import safety seizures
|
$44 million
|
$60.6 million
|
$38.6 million
|
|
Shipments detained for forced labor
|
4,415
|
4,850
|
6,074
|
|
Value of detained shipments
|
$1.5 billion
|
$1.8 billion
|
$97.3 million
|
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