What is the maximum total value you can ship per year for two different products under the same ECCN qualifying for LVS?

The maximum total value you can ship per year for two different products under the same Export Control Classification Number (ECCN) qualifying for License Exception LVS (Limited Value Shipment) is indeed $24,000. This specific license exception allows for the export of commodities valued at a certain limit without the need for a specific license, which is set to facilitate small-scale shipments and minimize regulatory burdens.

The total value permitted under LVS is $24,000, which means that you can ship up to $12,000 per product for two different products, leading to the total combined value of $24,000. This provision is designed to help exporters efficiently manage their shipments while still complying with U.S. export regulations, particularly for low-value items that are considered to be of minimal risk.

This understanding is crucial for businesses that deal with the export of various products under the same ECCN and need to ensure compliance while maximizing their shipping potential within the allowed limits.