IMPORT AND EXPORT TERMS

Source: U.S. International Trade Administration

**CIF Import Value** - The c.i.f. (cost, insurance, and freight) value
represents the landed value at the first port of arrival. It is \"Import
Charges\" plus \"Customs Value\" and therefore excludes U.S. import
duties.

**Calculated Duties** - The \"Calculated duty\" represents the estimated
import duties collected. Estimated duties are calculated based on the
applicable rate(s) of duty as shown in the Harmonized Tariff Schedule.

**Customs Value** - The Customs value is the value of imports as
appraised by the U.S. Customs Service. This value is defined as the
price actually paid or payable for merchandise, excluding U.S. import
duties, freight, insurance, and other charges.

**Domestic Exports** - Domestic exports include commodities, which are
grown, produced or manufactured in the United States, and commodities of
foreign origin which have been changed in the United States, including
U.S. Foreign Trade Zones, or which have been enhanced in value

**Dutiable Customs Value** - The \"dutiable value\" represents, in
general, the Customs value of foreign merchandise imported into the
United States which is subject to duty.

**FAS Export Value** - The f.a.s. (free alongside ship) value is the
value of exports at the U.S. port, based on the transaction price,
including inland freight, insurance, and other charges. The value
excludes the cost of loading the merchandise and also excludes further
cost

**Foreign Exports** - Foreign exports (re-exports), are commodities of
foreign origin which have entered the United States for consumption or
into Customs bonded warehouses or U.S. Foreign Trade Zones, and which
are in substantially the same condition as when imported.

**General CIF Value -** The general c.i.f. (cost, insurance, and
freight) value represents the landed value of the merchandise. It is
computed by adding \"Import Charges\" to the \"Customs Value\" and
excludes U.S. import duties.

**General Customs Value** - General Customs value is the value of
general imports as appraised by the U.S. Customs Service. This is the
price actually paid or payable for merchandise, excluding U.S. import
duties, freight, insurance, and other charges.

**General Import Charges** - The general import charges represent the
aggregate cost of all freight, insurance, and other charges (excluding
U.S. import duties) incurred.

**General Imports** - General Imports measure the total physical
arrivals of merchandise from foreign countries, whether such merchandise
enters consumption channels immediately or is entered into bonded
warehouses or Foreign Trade Zones under Customs custody.

**Import Charges** - The import charges represent the aggregate cost of
all freight, insurance, and other charges (excluding U.S. import
duties).

**Imports for Consumption** - Imports for Consumption measure the
merchandise that has physically cleared Customs either entering
consumption channels immediately or entering after withdrawal from
bonded warehouses under Customs custody or from Foreign Trade Zones.

**Landed Duty-Paid Value** -Landed Duty-Paid Value is the sum of the CIF
value plus calculated duties.

**Total Exports** - Domestic exports plus foreign exports.

**Total FAS Export Value** - The total f.a.s. (free alongside ship)
value is the value of exports at the U.S. port, based on the transaction
price, including inland freight, insurance, and other charges. This
excludes the cost of loading the merchandise or further costs.