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January 26, 2004 

US Customs Collects $24.7 Billion in 2003

The Bureau of Customs and Border Protection (CBP) has announced that in Fiscal Year 2003 the agency collected $24.7 billion in revenue, mainly in import duties and importation fees. This amount was nearly $1 billion more in revenue than in Fiscal Year 2002.

The value of imports into the United States for Fiscal Year 2003 totaled $1.2 trillion, anincrease over 2002, when imports into the U.S. were valued at $1.1 trillion.


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