Trade Type
Imports for Consumption:
This represents foreign goods that immediately enter U.S. consumption channels. Goods being held in bonded warehouses or U.S. Foreign Trade Zones are not included until they are withdrawn for consumption.
General Imports:
This represents goods that arrive in the United States from foreign countries, whether such goods enter consumption channels immediately or are entered into bonded warehouses or Foreign Trade Zones under Customs custody.
Domestic Exports:
This represents goods that are grown, mined, produced, or manufactured in the United States and sent to foreign countries. Domestic exports include goods from U.S. Foreign Trade Zones that have been enhanced in value.
Total Exports:
This represents both domestic and foreign exports. Foreign exports, also referred to as re-exports, are goods that have entered the United States, but are exported as substantially the same product.
Trade Balance:
Difference between the value of exports and imports that is typically cacluated as follows
- Total Exports (FAS) - General Imports (Customs Value) or
- Domestic Exports (FAS) - Imports for Consumption (Customs Valu
FAS (free alongside ship): The value of merchandise at the U.S. seaport, airport, or border. This value includes all charges related to placing the merchandise by the carrier at the U.S. port or exportation.