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Customs & Trade Compliance

Technology streamlining international customs and trade compliance

Fig. 178 · Toll gate

The field

At a glance

Definition

Technology streamlining international customs and trade compliance

Technologies

AI classifies products into correct harmonized tariff codes. Automated customs filing generates declarations from shipment data. Sanctions screening checks parties against restricted entity lists in real time. Free trade agreement analysis identifies duty savings opportunities. Trade analytics visualize duty costs and compliance status across trade lanes.

Applications

AI classifies products into correct HS codes for customs declarations. Sanctions screening checks all parties against restricted lists before shipping. FTA analysis identifies which trade agreements apply to reduce duties. Automated customs filing generates declarations from shipment and product data.

Market and funding

The global trade compliance market exceeds $5 billion, serving every company that imports or exports goods across international borders.

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