Peru Adopts Global Standards for Customs Valuation

Peru Adopts Global Standards for Customs Valuation

Supported by the SECO-WCO Global Trade Facilitation Programme, Peruvian Customs held a virtual forum focusing on customs valuation risk management. Participants exchanged experiences on database applications and discussed optimizing value verification procedures and public-private partnerships to combat valuation irregularities. Peruvian Customs plans to strengthen its value verification system and deepen collaboration with the private sector. The WCO will continue to provide support, enhancing transparency and predictability in cross-border trade. The forum highlighted the importance of efficient and fair customs valuation for trade facilitation.

12/30/2025 Customs Knowledge
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WCO Upgrades Tool to Improve Customs Valuation Compliance

WCO Upgrades Tool to Improve Customs Valuation Compliance

The World Customs Organization has upgraded its Diagnostic Tool on Tariff Classification, Valuation and Origin. This tool aims to assist national customs administrations in identifying and addressing weaknesses in tariff, valuation, and origin management. By improving management efficiency and reducing trade risks, it ultimately promotes global trade facilitation. The upgraded tool focuses on optimizing the diagnosis of rules of origin and enhancing user-friendliness. The improvements are expected to lead to better compliance and contribute to a more streamlined and predictable international trade environment.

01/26/2026 Customs Knowledge
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Global Customs Adopt Datadriven Tech for Green Transition

Global Customs Adopt Datadriven Tech for Green Transition

The World Customs Organization report focuses on the impact of data analysis, environmental challenges, and emerging technologies on border management, emphasizing trade facilitation, process transformation, and international cooperation. It highlights the need for customs administrations to leverage data-driven insights to enhance efficiency and effectiveness. The report also addresses the growing importance of sustainable trade practices and the role of customs in promoting environmental protection. Furthermore, it underscores the significance of international collaboration in addressing shared challenges and fostering a secure and efficient global trade environment.

01/26/2026 Customs Knowledge
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Comoros Boosts Customs Skills for WTO Accession Bid

Comoros Boosts Customs Skills for WTO Accession Bid

A joint WTO-WCO workshop aimed to enhance Comoros' customs valuation capabilities in preparation for WTO accession. The workshop covered topics such as customs valuation methods, pre-shipment inspection, and trade facilitation. The goal was to assist Comoros in establishing an efficient and transparent trade system to promote economic development. The experience of Comoros can offer valuable insights for other developing countries seeking to improve their trade practices and integrate into the global trading system. This initiative highlights the importance of capacity building for successful WTO membership.

01/26/2026 Customs Knowledge
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Revised Kyoto Convention Enters Key Consultation Phase

Revised Kyoto Convention Enters Key Consultation Phase

The 29th session of the Kyoto Convention Management Committee focused on crucial consultations regarding the comprehensive review, discussing potential draft texts for specific annexes, including goods handling, postal traffic, and relief consignments. The meeting emphasized the importance of revising the Kyoto Convention to adapt to global trade changes and called for active participation from all parties to jointly promote the facilitation and security of international trade. The discussions aimed to streamline customs procedures and enhance trade efficiency in line with the Kyoto Convention principles.

02/12/2026 Customs Knowledge
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Customs Representatives Association Revitalized on International Customs Day

Customs Representatives Association Revitalized on International Customs Day

The Customs Representatives Association held its annual conference on International Customs Day, aiming to reshape the association and meet new global trade challenges. By building a customs "family", promoting international cooperation, and driving digital transformation and green customs concepts, the association is committed to strengthening customs cooperation among countries, facilitating and securing global trade, and contributing to an open, prosperous, and sustainable future. The focus is on collaboration to address evolving trade complexities and leveraging technology for enhanced efficiency and security in customs procedures worldwide.

02/12/2026 Customs Knowledge
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Japan Funds Wtos COVID19 Aid for Developing Nations

Japan Funds Wtos COVID19 Aid for Developing Nations

The Japanese government is providing financial support to the World Customs Organization's 'COVID-19 Project,' aimed at strengthening the capacity of customs administrations in developing countries to respond to the impact of the COVID-19 pandemic. The project will develop guidelines for business continuity planning, enhance risk management capabilities, promote paperless trade, strengthen international cooperation, and provide training and technical support to ensure the security and facilitation of global trade. This funding will help developing nations maintain essential trade flows during and after the pandemic.

02/03/2026 Customs Knowledge
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Revised Kyoto Convention Streamlines Global Customs Procedures

Revised Kyoto Convention Streamlines Global Customs Procedures

The 16th session of the Revised Kyoto Convention Management Committee reviewed and adopted the RKCVWG's interim report, laying the groundwork for a comprehensive review of the RKC. The meeting highlighted the crucial role of the RKC in promoting trade facilitation and called for active participation in the implementation and revision of the Convention to adapt to new global trade landscapes and challenges. The committee emphasized the need for continuous improvement and adaptation to ensure the RKC remains relevant and effective in facilitating international trade.

02/03/2026 Customs Knowledge
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North American Intermodal Traffic Rises Sharply in Q2 2025

North American Intermodal Traffic Rises Sharply in Q2 2025

North American intermodal volumes increased by 2.4% year-over-year in Q2 2025, marking consecutive growth. Domestic container shipping remained stable, while international container shipping performed strongly. Key drivers included retail trade, manufacturing PMI, and GDP growth. Future US-China trade relations and tariff policies pose uncertainties, requiring logistics companies to adapt flexibly. The continued growth highlights the resilience of the intermodal sector despite potential headwinds from geopolitical factors and evolving trade dynamics. Strategic planning and diversification will be crucial for navigating the changing freight landscape.

02/04/2026 Logistics
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US Container Imports Surge in September Amid Chinas Strong Exports

US Container Imports Surge in September Amid Chinas Strong Exports

US container imports defied seasonal trends in September 2023, rising 0.3% month-over-month. Chinese goods were a primary driver, with both import volume and share increasing, highlighting the resilience of Chinese manufacturing. Contributing factors include global supply chain adjustments, a recovering US economy, and a slight improvement in US-China trade relations. Businesses should diversify their supply chains, innovate technologically, gain market insights, and ensure regulatory compliance to navigate the evolving trade landscape. This unexpected growth suggests a complex interplay of factors influencing global trade flows.

02/05/2026 Logistics
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