Exportation systems and processes are becoming more commonly digital. While this can save your business time and money due to the increased acceptance of digital records and paperless processes, it's important to stay updated and informed on different concepts that are evolving across the global market. One core concept all businesses that export products should stay aware of is Electronic Export Information, or EEI. Learn more about EEI, what data it must include, and how to keep your business compliant with its requirements.
What is EEI?
Electronic Export Information (EEI) is an electronic declaration of the merchandise you're exporting to a country outside of the United States. ITAR-controlled items, as well as many EAR-controlled items, must be declared through this process. Businesses must report the products on specific documents when the value of the shipped goods is more than $2,500 or if reporting the commodities is otherwise required. EEI is filed through the AES or Automated Export System.
However, there are some circumstances when EEI compliance is not required, including:
If certain products are being shipped to Canada (except for specific goods)
If the value of the goods is below $2,500 and they don't require an export license
Required EEI Data
EEI filing processes that report data to the Automated Export System require the following details:
- The names and addresses of every party involved in the transaction
- The exporter's email address, as well as the exporter's Employer Identification Number (EIN)
- Port of export
- Country of origin and destination country
- Schedule B number; alternatively, exporters can provide the Harmonized Tariff Schedule of the United States number
- The Export Control Classification Number (ECCN), if necessary
Details about the products being exported, including the value, quantity, and a general description
It's critical to both provide the required information and to submit the information according to proper procedure. When the EEI is submitted, the person filing the information must be in the United States at the time, and the person managing the data transmission must be a certified AES participant. The information must also be filed promptly, typically no fewer than two hours before exportation or departure.
Why is EEI Important?
EEI is an important component of ensuring that the increased reliance on digital processes for imports and exports does not negatively impact business movement or the circulation of goods on the international market. With EEI in place, the Department of Commerce can more efficiently regulate and monitor the movement of commodities and products, as well as ensure that those shipments comply with security and legal requirements.
Once you file EEI online, the AES validates the information and gives you an ITN for the shipment. The ITN proves that you completed the EEI filing and that the shipment is compliant with these requirements. This can make export processing much smoother, resulting in fewer delays or complications. It can also keep your business compliant to minimize the risk of fees, penalties, or audits.
Stay Compliant and Efficient With Chamber Export Partnership's EEI Solution
Knowing when and how to file EEI details is essential for operating a smoothly-running export business, but keeping track of the requirements, exceptions, and details can be overwhelming. At Chamber Export Partnership, we help businesses manage paperless filings that keep their export operations compliant and efficient. Our EEI solution is built to help you file EEI, ensure it's properly uploaded to the AES, and that you receive the documentation you need. Reach out today to learn more about our EEI solution and other digital services for managing your international shipments.
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