There are many acronyms to know in the international trade world. Some of the most important acronyms to know in the international trade world are in the following list. For a complete list of International Trade Acronyms please contact TRG.
AAEI – American Association of Exporters and Importers
AAFA – American Apparel and Footwear Association
AAPA – American Association of Port Authorities
ABI – Automated Broker Interface
ACE – Automated Customs Environment
ACH – Automated Clearing House
ACS – Automated Commercial System
AES – Automated Export System
AMS – Automated Manifest Systems
APEC – Asia-Pacific Economic Cooperation
APHIS – Animal and Plant Health Inspection Service (under USDA)
B/L – Bill of Lading
BLS – Bureau of Labor Statistics
BOA – Basic Ordering Agreements
CAFTA-DR – Dominican Republic-Central America-United States Free Trade Agreement
CBP – U.S. Customs and Border Protection (under DHS)
CBPF – Customs and Border Protection Form
CBSA – Canada Border Services Agency
CFR – Code of Federal Regulations (also C.F.R.)
CHB – Customhouse Broker
CIF – Cost, Insurance and Freight, Port of Destination
CVD – Countervailing Duty
DDC – Destination Delivery Charge
DHS – Department of Homeland Security
DIP – Delay in Payment
DIS – Defense Investigative Service
DLA – Defense Logistics Agency
DNP – Denied Party
DOT – Department of Transportation
EPZs – Export Processing Zones
FOB – Free on Board, Named Port
FP&F – Fines, Penalties, and Forfeitures
HMR – Hazardous Materials Regulations
HTSUS – Harmonized Tariff Schedule of the United States
IA – Internal Affairs
ICPA – International Compliance Professionals Association
IS – Import Specialist
ISA – Importer Self-Assessment
ISF – Importer Security Filing
MTA – Miscellaneous Trade & Technical Corrections Act, 2004
MTB – Miscellaneous Trade Bill
MTSA – Maritime Transportation Security Act
NAFTA – North America Free Trade Agreement
NAICS – North American Industry Classification System
OGA – Other Government Agency
OHC – Origin Handling Charge
PNSI – Prior Notice System Interface
PNTR – Permanent Normal Trade Relations
PO – Purchase Order
POA – Power of Attorney (also PoA)
POA – Port of Arrival
SITC – Standard International Trade Classification
SFI – Secure Freight Initiative
SFTA – Singapore Free Trade Agreement
SHAPE – Supreme Headquarters Allied Powers Europe
SIA – Society for International Affairs
USCIS – U.S. Citizenship and Immigration Service
USCS – United States Customs Service
USDA – U.S. Department of Agriculture
USITC – U.S. International Trade Commission
USML – U.S. Munitions List
USPPI – U.S. Principal Party in Interest
USPS – U.S. Postal Service
USPTO – U.S. Patent and Trademark Office
USTDA – U.S. Trade and Development Agency
USTR – U.S. Trade Representative
VOCC – Vessel Operating Common Carrier
VWP – Visa Waiver Program
WCO – World Customs Organization
WHO – World Health Organization
WEF – World Economic Forum
WMD – Weapon of Mass Destruction
WTO – World Trade Organization
It is important to deal and become more familiar with the acronyms, so you are more confident in the international trade world to help and protect your business.