Fueling the Online Trade Revolution: A New Customs Security Framework to Secure and Facilitate Small Business E-Commerce (CSIS Reports)

Across the United States, individuals and small businesses are increasingly buying and selling goods and services online. According to the U.S. Census Bureau, the total value of online transactions in the United States grew from $3 trillion in 2006 to $5.4 trillion in 2012, about a third of U.S. GDP. Increasingly, these transactions are cross border. By 2017, a third of U.S. business-to-consumer (B2C) and consumer-to-consumer (C2C) e-commerce transactions will be with foreign counterparts, up from 16 percent today. Fueling The Online Trade Revolution; Contents; 1. Introduction; 2. Customs Security Regimes: Where Are We?; 3. The New Face of Trade: Exporters and Importers, Today and Tomorrow; 4. Customs Security Regime for the Future of Trade; 5. Conclusion; Appendix A. C-TPAT Importer Requirements; Appendix B. C-TPAT Exporter Requirements; About the Author