"First Sale Rule" for Customs Valuation of US Imports - USITC
"First Sale Rule" for Customs Valuation of US Imports - USITC
"First Sale Rule" for Customs Valuation of US Imports - USITC
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12<br />
10<br />
8<br />
Figure ES.1 Only the textiles, apparel, and footwear sector had both above-average<br />
<strong>First</strong> <strong>Sale</strong> use and above-average tariff rate<br />
Average = 2.4<br />
High share <strong>of</strong> <strong>First</strong> <strong>Sale</strong> use and<br />
above-average tariff rate.<br />
Textiles,<br />
apparel, &<br />
footwear<br />
Average tariff rate (percent)<br />
6<br />
4<br />
2<br />
0<br />
Average = 1.4<br />
Other raw material<br />
Large <strong>First</strong> <strong>Sale</strong> use by value.<br />
Other<br />
manufacturing<br />
Metals &<br />
products<br />
Plastics &<br />
rubber<br />
Machinery,<br />
transportation<br />
& computers<br />
High share <strong>of</strong> <strong>First</strong> <strong>Sale</strong> use<br />
and below-average tariff rate.<br />
Food &<br />
agriculture<br />
0 1 2 3 4 5 6<br />
Electrical<br />
equipment<br />
Bubble size is proportional to the customs value <strong>of</strong> sector's <strong>First</strong> <strong>Sale</strong> imports.<br />
-2<br />
<strong>First</strong> <strong>Sale</strong> share <strong>of</strong> each sector's total import value (percent)<br />
TABLE ES.1 Top ten <strong>First</strong> <strong>Sale</strong> HTS chapters, by <strong>First</strong> <strong>Sale</strong> value and share (excluding chapters suppressed due to<br />
confidentiality)<br />
<strong>First</strong> <strong>Sale</strong><br />
HTS Brief description a Value (Thousand $) Share <strong>of</strong> C.V. b (Percent)<br />
Total 38,526,912 2.36<br />
Top ten chapters by <strong>First</strong> <strong>Sale</strong> value<br />
84 Machinery and computers 5,974,658 2.89<br />
85 Electrical machinery 5,322,086 2.45<br />
62 Woven apparel 1,964,764 6.07<br />
61 Knitted apparel 1,896,745 5.48<br />
27 Mineral fuels 1,588,250 0.54<br />
22 Beverages 1,265,971 8.23<br />
64 Footwear 1,072,720 5.92<br />
30 Pharmaceutical products 1,026,425 1.96<br />
73 Iron and steel products 925,683 2.93<br />
42 Leather 853,792 9.66<br />
Top ten chapters by <strong>First</strong> <strong>Sale</strong> share <strong>of</strong> total chapter imports<br />
08 Fruits and nuts 821,855 10.66<br />
42 Leather 853,792 9.66<br />
22 Beverages 1,265,971 8.23<br />
12 Oil seeds 138,300 7.98<br />
06 Trees and flowers 100,852 7.39<br />
03 Fish 639,192 6.13<br />
62 Woven apparel 1,964,764 6.07<br />
64 Footwear 1,072,720 5.92<br />
67 Feathers 69,378 5.50<br />
61 Knitted apparel 1,896,745 5.48<br />
Sources: CBP (September 2008–August 2009 <strong>First</strong> <strong>Sale</strong> data) and U.S. Department <strong>of</strong> Commerce.<br />
a For descriptive purposes only. Official tariff descriptions available at<br />
http://www.usitc.gov/tata/hts/bychapter/index.htm.<br />
b C.V. refers to customs value <strong>of</strong> general imports.<br />
iv