Yearly Archives: 2014

Shipping Goods from a Foreign Trade Zone to Puerto Rico



By: Katrina R. King Cars and car parts, pharmaceuticals, electronics, machine parts, clothing articles, wine and spirits are all examples of goods that are withdrawn from a Foreign Trade Zone (FTZ) and shipped to various places including Puerto Rico on … Continue reading

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Commodity Spotlight: Painting Exports



By: Heather Hrytsyshyn Recently, there has been a lot of attention on paintings fetching extremely high prices at auctions. Some of these paintings are exported once the sale is complete. In fact, the United States has exported an impressive $48.2 … Continue reading

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A Sigh of Relief…180 Day Grace Period for the Revisions to the Foreign Trade Regulations (FTR)



By: Daniel Cariello The new export reporting requirements have captured the attention of both experienced and non-experienced exporters. Between new exemptions, deleted exemptions, new definitions, modified language… it can all seem a bit daunting at first. To help you out, … Continue reading

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Trade Deficit Increases in February



By: Joseph DeCampo and Shannon O’Brien In February, the Nation’s international trade deficit in goods and service increased to $42.3 billion as exports decreased and imports increased. Imports of services increased $0.8 billion from January to February. The increase was … Continue reading

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Why Tap into International Markets?



By: Omari Wooden Why tap into international markets? Bottom line: exporting increases your sales and competitiveness. In 2013, American exports rose to $2.3 trillion. Don’t miss out! If you’re not sure where to start, the best bet is to look … Continue reading

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DON’T File on a Hunch!



By: Nidaal Jubran and Clara E. Santiago-Bello When filing in AESDirect, you may be tempted to only fill out required data fields (marked in red) and ignore the conditional data fields (marked in blue). You may be surprised to know … Continue reading

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Time for Report Cards! – Your AES Compliance Report



By: Stephen Jackson First things first—if you file electronic export information (EEI) to the Automated Export System (AES) but have no clue about this “AES Compliance Report” that we’re talking about – CALL US NOW! (Okay, maybe read the blog … Continue reading

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January 2014 Data Release Includes Lots of Changes



By: Fay Johnson March 7, 2014 The trade deficit in goods and services increased $0.1 billion to $39.1 billion in January.  This reflects an increase in exports of $0.6 billion to $192.5 billion, and an increase in imports of $0.6 … Continue reading

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Coming to an Area Near You! AES Compliance Seminars



            How well do you know the Foreign Trade Regulations (FTR) and the Automated Export System (AES)? The AES Compliance Seminars provide you with in-depth training to help you understand the regulations and utilize the … Continue reading

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How Do I Report a Foreign Trade Zone with Upcoming Regulatory Changes?



By: Michael Simmons Did you know in addition to Foreign Trade Zones having a general purpose zone and a sub zone, that some zones also have a site location?  Previously only importers were required to report the site identification number … Continue reading

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