U.S. Customs and Border Protection appears to have ceased publishing annual compilations of trade-related statistics and is instead issuing monthly updates to what seems to be a smaller subset of those figures. Highlights for October 2024 (compared to the previous month) include the following.
- processed more than three million entry summaries (up from 2.9 million) valued at more than $308 billion (up from $296.1 billion)
- identified estimated duties of more than $7 billion (down from nearly $7.6 billion) to be collected by the U.S. government
- stopped 557 shipments (up from 425) valued at more than $38 million (down from $65 million) for further examination based on the suspected use of forced labor
- seized 1,677 shipments (down from 1,873) that contained counterfeit goods valued at more than $289 million (down from $366 million)
- completed 11 audits (down from 105) that identified $3.6 million (down from $68 million) in duties and fees owed to the U.S. government
- collected over $8 million (up from $6.5 million) of this identified revenue and from previous fiscal years’ assignments.
- issued 7,053 emergency action notifications (up from 6,822) for restricted and prohibited plant and animal products entering the U.S.
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