he Automated Broker Interface (ABI) is a system that streamlines the exchange of information between importers, customs brokers, and the U.S. Customs and Border Protection (CBP) agency. It essentially replaces manual paperwork with electronic data exchange.
Here's why ABI is important:
- Efficiency: ABI cuts down on processing time and reduces errors by automating data transmission. This benefits all parties involved, from importers to CBP.
- Accuracy: Since data is submitted electronically, there's less chance of typos and mistakes that can slow down the import process.
- Volume: The vast majority (over 96%) of import entries are filed electronically through ABI. This highlights its importance for managing the high volume of international trade.
In short, ABI is an essential part of modern international trade, facilitating a smoother and more efficient process for all stakeholders.