DEFINITION
Value

In general, the value to be reported in the EEI shall be the value of the goods at the U.S. port of export in U.S. dollars.  The value shall be the selling price (or the cost, if the goods are not sold), plus inland or domestic freight, insurance, and other charges to the U.S. seaport, airport, or land border port of export.  Cost of goods is the sum of expenses incurred in the USPPI’s acquisition or production of the goods.  Report the value to the nearest dollar, omit cents.  Fractions of a dollar less than 50 cents should be ignored, and fractions of 50 cents or more should be rounded up to the next dollar.

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