U.S. CBP releases 2022 summary of efforts to enhance trade

CBP release outlining 2022 efforts to enhance trade and strengthen the supply trade

CBP release outlining 2022 efforts to enhance trade and strengthen the supply trade

U.S. Customs and Border Protection issued a release outlining its 2022 efforts to enhance trade and strengthen the supply trade.

According to the CBP release (January 30, 2023), in FY 2022:

  • CBP processed 39.1 million entries valued at over $3.35 trillion (a 19.46% increase from FY 2021) and collected approximately $104.6 billion in duties (a 22.42% increase over FY 2021). Overall, CBP collected approximately $111.9 billion in duties, taxes and other fees on behalf of the U.S. government in FY 2022, representing a 117% increase over a five-year period.
  • CBP stopped 3,605 shipments valued at $816.5 million for forced labor concerns, including 1,592 entries valued at nearly $500 million stopped under the Uyghur Forced Labor Prevention Act.
  • CBP fully implemented the Truck Manifest Modernization in the Automated Commercial Environment.
  • CBP announced the launch of “Green Trade Strategy”—a framework to incentivize green trade, strengthen CBP’s environmental enforcement posture, accelerate green innovation, and improve climate resilience and resource efficiency.
  • The “global business identifier” pilot was created to increase supply chain visibility.
  • CBP strengthened the ability to track and clear trade more efficiently via the “entry summary findings” application.
  • CBP collaborated with the Department of Health and Human Services, the U.S. Department of Agriculture, and the Food and Drug Administration to transport more than 92 million 8-ounce equivalents of infant formula to the United States.
  • CBP published the modernized customs broker regulations.
  • CBP signed agreements with Uruguay, Guatemala, Colombia and Brazil to coordinate supply chain security.

For more information, contact a professional with KPMG’s Trade & Customs services:

Doug Zuvich
Partner and Global Practice Leader
E: dzuvich@kpmg.com

John L. McLoughlin
Principal and East Coast Leader
E: jlmcloughlin@kpmg.com

Andy Siciliano
Partner and National Practice Leader
E: asiciliano@kpmg.com

Steve Brotherton
Principal and Global Export and Sanctions Leader
E: sbrotherton@kpmg.com

Luis (Lou) Abad
Principal, Washington National Tax
E: labad@kpmg.com

Irina Vaysfeld
E: ivaysfeld@kpmg.com

Amie Ahanchian
E: aahanchian@kpmg.com

Christopher Young
E: christopheryoung@kpmg.com

Gisele Belotto
E: gbelotto@kpmg.com

George Zaharatos
E: gzaharatos@kpmg.com

Andy Doornaert
Managing Director
E: adoornaert@kpmg.com

Jessica Libby
E: jlibby@kpmg.com

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