HS Code:
Goods eligible for temporary admission into the customs territory of the United States under U.S. note 1(b) to subchapter (often falling under various Harmonized System (HS) codes depending on the specific product) include items imported for specific purposes such as exhibitions, testing, or repair, with the condition that they are not sold and are re-exported within a specified period. These goods are typically admitted without the payment of duties under strict customs supervision. Examples include professional equipment, commercial samples, and goods for display at trade fairs. This provision facilitates international trade by allowing temporary use without incurring full import duties, promoting business and cultural exchanges.
Total Trade Volume
Approximately $15 billion USD
Data from 2022
Source
U.S. Customs and Border Protection (CBP) and International Trade Commission (ITC) Reports
$3.5 billion USD
23.3% of total trade of total trade
Increasing
$2.8 billion USD
18.7% of total trade of total trade
Stable
$2.2 billion USD
14.7% of total trade of total trade
Increasing
$1.9 billion USD
12.7% of total trade of total trade
Stable
$1.5 billion USD
10.0% of total trade of total trade
Decreasing
Average Rate
0% (Duty-free under temporary admission)
Highest Rate
0% (Temporary admission typically waives duties)
Lowest Rate
0% (Temporary admission typically waives duties)
Increased use of temporary admission for trade shows and exhibitions
Boosts participation in international events, driving U.S. business engagement globally
2021-2022
Growth in temporary imports of high-tech equipment for testing
Supports innovation and collaboration in technology sectors, particularly with European and Asian partners
2020-2022
Decline in temporary imports from certain regions due to geopolitical tensions
Reduction in trade volume from specific countries like China due to supply chain disruptions and policy changes
2019-2022
The U.S. has encouraged broader use of the ATA Carnet system, a globally recognized customs document for temporary imports, to simplify processes for businesses.
January 2023
Reduces administrative burdens and costs for businesses engaging in temporary imports, likely increasing trade volumes.
U.S. Customs and Border Protection issued updated guidelines to streamline the process for temporary admission of goods, including digital submission of required forms.
March 2022
Improves efficiency and compliance, encouraging more international businesses to utilize temporary admission provisions.
Ongoing supply chain issues have affected the re-export timelines for some temporarily admitted goods, leading to increased requests for extensions.
October 2022
Potential for penalties or additional costs if goods are not re-exported on time, affecting certain sectors like manufacturing.