Low-value shipments

{
  "id": "MLC-T-ECS-001109",
  "term": "Low-value shipments",
  "field": "Economic statistics",
  "definition": "Shipments whose value is so low that trade is estimated instead of being based on trade filings. For exports, these are items where the value of trade is $2,500 or less for each individual Schedule B number. Low value estimates represent about 2.5 percent of the monthly value of U.S. exports. For imports, the threshold is $2,000 or less for most shipments although certain shipments' thresholds are $250. Low value shipments represent about 1 percent of the monthly import value.",
  "subject": "Foreign trade",
  "see_also": [
    "Schedule B",
    "Statistics about Foreign Trade"
  ],
  "references": [
    "U.S. Census Bureau Glossary"
  ],
  "url": "https://mlchart.com/terminology/economic-statistics/low-value-shipments/"
}