USITC Launches Import Monitoring Tool
The U.S. International Trade Commission (USITC) recently launched its new online “Import Monitoring Tool” to provide public access to data on the volume and value of goods imported into the United States and how these statistics have changed over time.
Utilizing the data retrieved by the USITC from the U.S. Department of Commerce, results are displayed by the Harmonized Tariff Schedule (HTS) tariff line and is regularly updated after each calendar quarter.
When initially entering the tool (access here), users can see U.S. imports by tariff line ranked in descending order based on the largest absolute change over the latest two quarters. With a few simple mouse clicks, users will be able to easily:
- Isolate a group of tariff lines from a specific HTS chapter, heading, or subheading;
- Isolate the changes for a specific import partner; and
- View the corresponding change in the quantity of imports.
Users can also query the system for data by HTS tariff line and can see country or quantity detail for these lines. Import data for the eight latest quarters are available through the system.
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