2008 Marked Highest Number of Export License Applications Received by BIS in Past 10 Years
The Census Bureau's most recent AES Newsletter contains the following FY 2008 export licensing statistics and information from the Bureau of Industry and Security (BIS):
In Fiscal Year (FY) 2008, BIS processed 21,290 export license applications involving trade worth approximately $72.2 billion. This marked an increase of 9% over the 19,504 applications processed in FY 2007 and represented the highest number of applications reviewed by BIS in over a decade.
BIS approved 17,942 license applications, returned 3,171 applications without action, and denied 177 applications. In FY 2008, BIS continued to ensure the timely review of all license applications with an average processing time of 27 days.
Eighty-seven percent of AES transactions involving a license or license exception were reported accurately in FY 2008. The following lists the top compliance problems with EAR-related reporting in AES:
1) Incorrect Use of “No License Required” (NLR) License Type.
2) Missing Export Control Classification Number (ECCN).
3) Incorrect Use of EAR99.
4) Invalid Country Use With Commerce Control List (CCL)-Based License Exception.
5) CCL-Based License Exception Not Applicable to an ECCN.
6) Country Mismatch Between License and AES Destinations.