How to Interpret US Import Data
You can find a lot of useful data on U.S. imports by using Trademo Intel, a global trade data intelligence platform. It gives you access to all US maritime imports. This platform transforms messy shipment records to searchable data. The interface allows you to quickly and easily analyze millions of shipment transactions. You can, for instance, see the US imports of specific products. But how do you interpret this data, then? In case you have just about any inquiries about where in addition to the best way to work with customs records, you can email us in our web-site.
Imports from the United States
The United States, a huge country, has many ports that make it a great place for business. America is the world’s biggest importer. It has many important import ports that can help traders do business. There are many types of data that you can access, including SEA, AIR and ICD/DRY. You also have road shipment data and Census import and export data. Each product type is represented by its specific indicator variable. These data are summarized in the following table. It highlights similarities and differences between major modes of transport in the United States.
Major import ports
The US economy relies heavily on shipping. In fact, it has contributed approximately 26% to total cargo handling volume over the past decade. The US has over 11,000 miles of ocean floor, and five major ports regularly handle cargoes in the three-figure range. Together, they account for 47% in seaborne cargo. These are the most important US import and continue reading this.. export ports. See how they compare.
Product categories
The “Parts”, indicator shows you US import data broken down by product category. This table displays import and exported trade values for different product types, including food and continue reading this.. beverages. You can see a list by year, or by major commodity and processing level. The chart also has corresponding values that you can view by hovering over it. The “Parts” indicator is available in the same table as “Products” but with a different level of detail.
Harmonized System
The World Customs Organization has developed the Harmonized Systems, a standardized number system for product classification. It is made up of over five thousand commodity categories and has well-defined rules that allow for uniform classifications of traded goods. Over 200 countries have used HS codes to compile data regarding international trade. Approximately 98% of all trade is classified using the HS code. To describe products unique to the U.S., some cases may require additional digits to the HS Code.
Corrections
When you receive a compliance notice, you must immediately transmit any corrections to us import information. Failure to correct errors will lead to violations of this part as well as penalties under Subpart H. Any message indicating that a shipment was not reported in accordance with FTR needs to be corrected within four days. Below are examples of when corrections should be made to us import information. These requirements require that you report all changes made to USPPI or the relevant carrier.
Historical data
PIERS contains U.S. trade data for up to three years, from 2003 to 2015. The PIERS database contains detailed import transactions for 13 international countries and trade statistics for more than 80 countries. Many customers use PIERS to supplement Global Trade Atlas. You can view the updated data for a variety of products, including chemicals, food, and textiles. You can view the data by country, trade and economic group, as well as geographic regions. You can view historical trade data using product classification systems such as SITC, HS, or NAICS. These systems are used to categorize the shipments by commodity, manufacturing output, and value added. When you’ve got any type of inquiries regarding where and how you can use us import data, you could call us at our own web page.