If you are interested in working in the field of international trade, you might have wondered how much does a trade compliance manager make. A trade compliance manager is responsible for ensuring that the company’s products and services comply with the laws and regulations of different countries and regions. They also oversee the documentation, classification, valuation, and reporting of imports and exports.

According to the U.S. Bureau of Labor Statistics, the median annual wage for trade compliance managers was $94,590 in May 2020. However, this figure can vary depending on several factors, such as the industry, location, experience, education, and certification of the trade compliance manager.

Some of the industries that employ trade compliance managers include manufacturing, wholesale trade, transportation and warehousing, professional and technical services, and government. The location of the trade compliance manager can also affect their salary, as some states and cities offer higher wages than others. For example, according to ZipRecruiter, the average salary for a trade compliance manager in New York was $111,975 in April 2021, while the average salary in Texas was $86,875.

The experience level of the trade compliance manager can also influence their earnings, as more experienced managers tend to have more skills and responsibilities. According to PayScale, the average salary for a trade compliance manager with less than one year of experience was $64,000 in April 2021, while the average salary for a trade compliance manager with 10 to 19 years of experience was $103,000.

The education level of the trade compliance manager can also make a difference in their salary, as higher degrees can lead to more opportunities and recognition. According to PayScale, the average salary for a trade compliance manager with a bachelor’s degree was $88,000 in April 2021, while the average salary for a trade compliance manager with a master’s degree was $97,000.

Finally, the certification of the trade compliance manager can also boost their income, as certifications can demonstrate their expertise and credibility in the field. Some of the common certifications for trade compliance managers include Certified U.S. Export Compliance Officer (CUSECO), Certified International Trade Professional (CITP), Certified Customs Specialist (CCS), and Certified Export Specialist (CES).

As you can see, there are many factors that affect how much does a trade compliance manager make. If you are interested in pursuing this career path, you should research the requirements and opportunities in your desired industry and location. You should also consider enhancing your skills and qualifications by gaining more experience and obtaining relevant certifications.