Does PIERS have the value of cargo?
PIERS is restricted by U.S. Customs Regulations from copying the declared value of cargo from shipping documents. However, averages, based on an extrapolation of product category information from the U.S. Department of Census, have been calculated to determine shipment values, which can be used by customers who require an estimated cargo value. This information is stored in the VALUE field. Precise government figures can be obtained in a separate product from PIERS. FAS values and quantities for imports and exports segmented by each mode of transportation are obtained from the U.S. Department of Census for each 10-digit Harmonized Tariff Code. Company names are not available in these reports.
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