Import Export Shipping Documents

Import Export Financing

United States Customs

The following document is a summary of the mechanics of importing into the United States. It covers the shipping documents that are used in the process of importing into the United States, methods of financing used in import business, the US Customs entry process and dealing with customs brokers.

Please do note the following summery is only a brief introduction into the topic. It does not deal with the actual import business start-up considerations such as those related to finding products overseas and product purchase considerations, nor does it deal with the actual marketing of imports, what to do with what one imports, in other words, how-to sell imports once the imported goods have cleared the US Customs - for that information, please consider ordering the “How-to Start an Import Business, an Intensive Workshop,” the CFU classroom recording featured on the Homepage.

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Introduction to Importing into the United States

Import Export Shipping Documents:

- Customs Brokers and Freight Forwarders

- Price quote in import/export business

- Sales Contract

- Packing

- Bill of Lading (B/L) or Airway Bill (AWB)

- Commercial Invoice

- Quota

- Textile Visa

- Leather Certificate

- Insurance

- Certificate of Origin (Form A) & GSP

Import Export Financing:

- Documentary Letter of Credit (L/C)

- Documentary Draft for Collection (D/P)

United States Customs:

- Entry Process

- Dutiable Status of Goods

- Marking requirements on goods

- Customs Brokers' services

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