Landed Costs
Landed costs are the total costs associated with getting a product to its final destination, including purchase price, transportation, customs duties, taxes, insurance, and handling fees. Calculating landed costs is crucial for determining the true cost of imported goods and making informed pricing and sourcing decisions.
Related glossary terms
Duty
Duty is a government tax applied to imported goods, based on HS classification, country of origin, and value. Learn types, calculation, and who pays the duty.
CIF (Cost Insurance Freight)
CIF is the Incoterm where the seller pays cost, insurance, and freight to the buyer's port of destination. Learn risk transfer points and CIF vs. CFR.
Customs Brokerage
Customs brokerage is the service of clearing imports through customs, handling duties, paperwork, and compliance. Learn what brokers do and pricing models.
Commercial Invoice
Commercial invoice is the document used to declare cargo value, parties, and terms for customs. Learn required fields, duties impact, and common mistakes.
