Export Declaration - Explained
What is a Shipper's Export Declaration?
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What is a Shipper's Export Declaration (SED)?
An export declaration, or shippers export declaration (SED), is an official document that contains details of goods that are being exported or imported. It is generally completed by the exporter and introduced to port authorities at the time of export. It serves as an export control document and provides information on the type, value, and quantity of exports. This information is used by the government to compile foreign trade information.
How is an Export Declaration Used?
Any US exporter (or the freight forwarder) must complete Form 2575-V required by the US Department of Commerce and present it to the US Customs Service at the port of export. If the commodities being exported are valued at US$2,500 or higher or postal shipment are valued at $500 or higher, the individual must make the requisite filing. The form must be completed for any shipments to embargoed countries or if the shipment requires an exporter license. This form is used by the U.S. Census Bureau to compile trade statistics and exert export controls.The Automated Export System (AES) allows shippers to make the requisite filing online.