De Minimis Value: Your Essential Guide to International Trade Regulations
ShipBob
APRIL 18, 2024
With the combination of benefits to international sellers and consumers, it’s no wonder parcel volume is expected to grow 11% CAGR up to 266 billion parcels by 2026. For example, in 2016 the US raised the value of a shipment of merchandise from $200 to $800 USD with the passage of the Trade Facilitation and Trade Enforcement Act ( TFTEA ).
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