How hard is it to pass the customs broker exam?
In general, the pass rate for the Customs Broker Exam has historically been challenging, with a significant percentage of candidates not passing. Pass rates have often been in the range of 10% to 20%, meaning that only a minority of candidates successfully pass the exam.
Do you want to become a licensed US Customs broker? If you want the license, you have to pass the US Customs broker exam . This exam is one of the most difficult to pass in the USA. There are roughly 2,600 examinees a year who take the exam, and only around 15% are able to pass.
Approximately 2,600 examinees take the U.S. Customs broker exam every year, and only 15% pass. That's a lower pass rate than the Series 7 exam (65%), the bar exam (59%), and the certified public accountant exam (49%). It's a very difficult exam – even for applicants with importing and exporting experience.
The question that arises is when should you consider filing an appeal? In general, the answer is depends on how many answers you got wrong on the exam. There are 80 questions on the exam and the passing score is 75% which that means you need to obtain at least 60 correct answers out of a possible 80 to pass the exam.
The Customs and Border Protection (CBP) administered national licensed Customs broker exam is administered 2-times a year, and I took the most recent one on October 25, 2023 in Tampa Bay, Florida. This October's official pass rate was 33%.
Complex Regulations: The customs broker exam requires knowledge of complex customs regulations, including customs laws, procedures, tariffs, trade agreements, SEZ, FTP and other allied act. The exam tests the candidate's ability to understand and apply these regulations to real-world scenarios.
The salaries of Licensed Customs Brokers in The US range from $35,356 to $335,458, and the average is $77,562.
Customs brokers will have good employment opportunities in the near future. The U.S. Department of Labor predicts that employment for business operations specialists, including customs brokers, will grow 6 percent through 2028.
Risk Management: customs brokers ensure that the importer is complying with various Customs regulations. They are able to assist with complex issues and may be able to provide feedback on how to reduce the duties and taxes you pay.
An online course or webinar will provide you with access to expert instructors, video lectures, slides, notes, and other materials that will help you understand and apply the concepts and rules of customs brokerage. You will also be able to interact with other students, ask questions, and get feedback on your progress.
How long does it take to get results from customs broker exam?
Customs Brokers License Exam Information
Exam Results Letters are emailed to examinees within two to three weeks from the date of the exam.
Delays can take weeks. Ports and exam sites can get terribly backed up depending on congestion, and even though congestion is out of your hands, you could end up getting charged storage costs. Typically, though, for ocean shipments, X-ray exams take anywhere from 2- 3 days and intensive exams take around 5 – 7 days.
You have four hours to complete the examination. Where and when is the Customs Broker Examination given? This examination is normally given at CBP service ports ( Ports ) the first Monday in April and the first Monday in October.
The Border Patrol believes that individuals who marginally fail either the language or reasoning sections of the test can still pass the Academy and succeed as a Border Patrol agent. According to INS Human Resources personnel, the change has resulted in an increased average passing rate of 38-40 percent.
To be eligible, applicants must pass the exam with a score of at least 70. Test scores prior to March 16, 2021, are no longer valid. After you take the Entrance Exam, you will not be able to retake the exam for six months regardless of whether you pass or fail. Questions about your CBPO application?
Some issues that may result in an unfavorable suitability determination include: financial irresponsibility; poor credit history; drug/alcohol abuse; arrest history; misconduct in prior employment; association with individuals involved in illegal activities such as drug use and drug trafficking; and demonstrated lack ...
Brokers must take into account various government regulations and individual customer requirements. Furthermore, brokers must be familiar with the Customs laws, the tariff schedule and the specific regulations and restrictions for each type of import.
There are approximately 14,454 active licensed Customs brokers in the United States.
The Diploma of Customs Broking is a purpose-built course created for our industry sector. This course is offered online by the International Trade and Logistics College (RTO Code 30772) over four semesters (2 years) and includes 14 Core units of study.
What brokers get paid the most?
| Job Title | Annual Salary | Monthly Pay |
|---|---|---|
| Commercial Broker | $196,249 | $16,354 |
| Principal Broker | $109,393 | $9,116 |
| Real Estate Broker | $98,791 | $8,232 |
| Investment Broker | $97,073 | $8,089 |
DHL Duty Drawback Services is a licensed customs brokerage firm with over 30 years of experience.
UPS provides customs brokerage services for all your shipments. Some additional charges may apply when complex brokerage services are involved. Additionally, the length of time your merchandise takes to clear customs may originate warehouse charges.
When you use a broker-inclusive service for international shipments with a declared customs value of USD $500,000 or less, FedEx defaults as the designated broker and will facilitate clearance using its U.S. Customs and Border Protection (CBP) bond.
The CBP specifies there are three ways to qualify for an entry level position. Candidates either need to have a bachelor's degree from an accredited university, three years of relevant work experience, or a combination of post-high school education and work experience.
