imports for consumption

(U.S. Customs) The total of merchandise that has physically cleared through U.S. Customs either entering domestic consumption channels immediately or entering after withdrawal for consumption from bonded warehouses under U.S. Customs custody or from U.S. Foreign Trade Zones. Many countries use the term “special imports” to designate statistics compiled on this basis. See consumption entry.

Was this article helpful?

Related Articles

Need Support?

Can't find the answer you're looking for?
Contact Support