{"id":103907,"date":"2022-10-19T17:29:51","date_gmt":"2022-10-19T09:29:51","guid":{"rendered":"https:\/\/jingsourcing.com\/?p=103907"},"modified":"2024-03-23T16:39:55","modified_gmt":"2024-03-23T08:39:55","slug":"b-what-is-landed-cost","status":"publish","type":"post","link":"https:\/\/jingsourcing.com\/b-what-is-landed-cost\/","title":{"rendered":"Landed Cost: Meaning &amp; Calculation with Example"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"103907\" class=\"elementor elementor-103907\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-07af290 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"07af290\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1fcc502\" data-id=\"1fcc502\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-242cea7 elementor-widget elementor-widget-text-editor\" data-id=\"242cea7\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>When you import a batch of goods and resell them in the target market, it is vital to know landed costs. So, I wrote this article to help you have an overall understanding.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-dfcc3dc elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"dfcc3dc\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7139351\" data-id=\"7139351\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c38412d elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"c38412d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li><a href=\"#a1\" rel=\"\">Landed cost meaning<\/a><\/li><li><a href=\"#a2\" rel=\"\">Landed cost calculation (formula &amp; example)<\/a><\/li><li><a href=\"#a3\" rel=\"\">Methods to reduce landed cost<\/a><\/li><li><a href=\"#a4\" rel=\"\">Differences between landed cost and FOB<\/a><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ca72df9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ca72df9\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5fdd7d0\" data-id=\"5fdd7d0\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a73e986 elementor-widget elementor-widget-spacer\" data-id=\"a73e986\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7b03820 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7b03820\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1973fb3\" data-id=\"1973fb3\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-42b36c4 elementor-widget elementor-widget-text-editor\" data-id=\"42b36c4\" data-element_type=\"widget\" id=\"a1\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2>What is the landed cost?<\/h2><p>Landed cost or price refers to all the expenses from buying products with selected suppliers to receiving them for your business. It includes product price, shipping cost from the supplier&#8217;s warehouse to your destination, duties, taxes, and other fees in the whole <a href=\"https:\/\/jingsourcing.com\/b-product-sourcing\/\" target=\"_blank\" rel=\"noopener\">product sourcing<\/a> process. When suppliers provide <span style=\"text-decoration: underline\"><a href=\"https:\/\/jingsourcing.com\/b-ddp-vs-ddu-shipping\/\" target=\"_blank\" rel=\"noopener\">DDP<\/a><\/span> price, it is just landed cost.<\/p><p>If you have a clearer understanding of landed costs, it helps you set product selling prices more accurately and get more profits. Besides, it is easy for you to find if something needs to be optimized in the entire importing process. Then, you can cut additional costs.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c60e95a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c60e95a\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-fb164da\" data-id=\"fb164da\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-68e41cc elementor-widget elementor-widget-spacer\" data-id=\"68e41cc\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-99e7194 elementor-widget elementor-widget-text-editor\" data-id=\"99e7194\" data-element_type=\"widget\" id=\"a2\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2>How to calculate the landed cost (formula &amp; example)<\/h2><p>Landed cost formula is always conducted as:<\/p><p>landed cost = product price + shipping costs + fees for <a href=\"https:\/\/jingsourcing.com\/b-what-is-customs-clearance\/\" target=\"_blank\" rel=\"noopener\">customs clearance<\/a> + overhead fees<\/p><p>In detail, I&#8217;ll explain each part of the landed cost and influential factors. Take 5<a href=\"https:\/\/jingsourcing.com\/b-cbm-in-shipping\/\" target=\"_blank\" rel=\"noopener\">CBM<\/a> cargo from the <a href=\"https:\/\/jingsourcing.com\/b-major-china-ports\/\" target=\"_blank\" rel=\"noopener\">Port of Ningbo<\/a> to the Port of New York for example. The cargo is purchased at $10 per unit for 1000 items and weighs 750kg.<\/p><h3><span style=\"color: #ff9900\"><b>Product price<\/b><\/span><\/h3><p>It refers to the money you pay your supplier for products. It mainly includes the costs of raw materials, product processing, and <a href=\"https:\/\/jingsourcing.com\/p\/b20-types-of-packaging-boxes\/\" target=\"_blank\" rel=\"noopener\"><span style=\"text-decoration: underline\">packaging<\/span><\/a>.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-130c1cb elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"130c1cb\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-62cbaa8\" data-id=\"62cbaa8\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-bd9a1f9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"bd9a1f9\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-4031e93\" data-id=\"4031e93\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-543dcf5 elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"543dcf5\" data-element_type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" id=\"Capa_1\" x=\"0px\" y=\"0px\" viewBox=\"0 0 448.011 448.011\" style=\"enable-background:new 0 0 448.011 448.011;\" xml:space=\"preserve\"><g>\t<g>\t\t<path d=\"M438.731,209.463l-416-192c-6.624-3.008-14.528-1.216-19.136,4.48c-4.64,5.696-4.8,13.792-0.384,19.648l136.8,182.4    l-136.8,182.4c-4.416,5.856-4.256,13.984,0.352,19.648c3.104,3.872,7.744,5.952,12.448,5.952c2.272,0,4.544-0.48,6.688-1.472    l416-192c5.696-2.624,9.312-8.288,9.312-14.528S444.395,212.087,438.731,209.463z\"><\/path>\t<\/g><\/g><g><\/g><g><\/g><g><\/g><g><\/g><g><\/g><g><\/g><g><\/g><g><\/g><g><\/g><g><\/g><g><\/g><g><\/g><g><\/g><g><\/g><g><\/g><\/svg>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-4b08feb\" data-id=\"4b08feb\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-915cad1 elementor-widget elementor-widget-text-editor\" data-id=\"915cad1\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>In this context, the product price is 1000 x $10 = $10,000.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a1fae10 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a1fae10\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-829c392\" data-id=\"829c392\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7d5948b elementor-widget elementor-widget-text-editor\" data-id=\"7d5948b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3><span style=\"color: #ff9900\"><b>Shipping costs<\/b><\/span><\/h3><p>It is related to cargo types, <a href=\"https:\/\/jingsourcing.com\/b-gross-weight-vs-net-weight\/\" target=\"_blank\" rel=\"noopener\"><span style=\"text-decoration: underline\">weights<\/span><\/a>, volumes, and <a href=\"https:\/\/jingsourcing.com\/how-to-ship-products-when-import-from-china\/\" target=\"_blank\" rel=\"noopener\">shipping methods<\/a> like sea freight. It is not so difficult to estimate the shipping cost as long as you know how to calculate it and the real-time freight rate.<\/p><p>Suppose here you choose the <a href=\"https:\/\/jingsourcing.com\/b-fcl-vs-lcl\/\" target=\"_blank\" rel=\"noopener\">LCL<\/a> sea shipping method, plus express delivery from New York Port to your warehouse. So, the total <a href=\"https:\/\/jingsourcing.com\/shipping-from-china-to-us-cost\/\" target=\"_blank\" rel=\"noopener\">shipping cost<\/a> should include the following 3 parts:<\/p><h4>Shipping cost from factory to Port of Ningbo.<\/h4><p>Here it costs $90 to ship 5CBM cargo.<\/p><h4>LCL sea shipping cost from Port of Ningbo to Port of New York.<\/h4><p>This part includes sea freight fees and <a href=\"https:\/\/jingsourcing.com\/b-port-charges\/\" target=\"_blank\" rel=\"noopener\">charges at ports<\/a>. You&#8217;d better consult your <a href=\"https:\/\/jingsourcing.com\/b-freight-forwarder\/\" target=\"_blank\" rel=\"noopener\">freight forwarder<\/a>. It will be much simpler and more efficient.<\/p><p>Suppose the LCL sea freight rate is $75\/CBM, and other fees at port add up to $150.<\/p><p>So, for 5CBM goods, LCL sea freight cost = $75 x 5CBM + $150 = $525.<\/p><h4>Shipping cost from the New York port to your warehouse.<\/h4><p>This is the cost of delivering goods in the US. In this context, suppose you use express to transport the goods from <a href=\"https:\/\/en.wikipedia.org\/wiki\/Port_of_New_York_and_New_Jersey\" target=\"_blank\" rel=\"noopener\">New York port<\/a> to your warehouse. The express company will calculate the actual weight and <a href=\"https:\/\/jingsourcing.com\/b-volumetric-weight\/\" target=\"_blank\" rel=\"noopener\">DIM weight<\/a>. Then, they choose the larger one to charge fees.<\/p><p>Here is the DIM weight = 5CBM x 200 = 1,000kg. Because DIM weight &gt; the actual weight (750kg), the fees are charged by 1,000kg.<\/p><p>Suppose the rate to be $6.5 per kg for express, the charges = $6.5 x 1000 = $650.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-81a4f2c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"81a4f2c\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9fd0b9c\" data-id=\"9fd0b9c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-46926cb elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"46926cb\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-319bb9d\" data-id=\"319bb9d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-df9c8b5 elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"df9c8b5\" data-element_type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" id=\"Capa_1\" x=\"0px\" y=\"0px\" viewBox=\"0 0 448.011 448.011\" style=\"enable-background:new 0 0 448.011 448.011;\" xml:space=\"preserve\"><g>\t<g>\t\t<path d=\"M438.731,209.463l-416-192c-6.624-3.008-14.528-1.216-19.136,4.48c-4.64,5.696-4.8,13.792-0.384,19.648l136.8,182.4    l-136.8,182.4c-4.416,5.856-4.256,13.984,0.352,19.648c3.104,3.872,7.744,5.952,12.448,5.952c2.272,0,4.544-0.48,6.688-1.472    l416-192c5.696-2.624,9.312-8.288,9.312-14.528S444.395,212.087,438.731,209.463z\"><\/path>\t<\/g><\/g><g><\/g><g><\/g><g><\/g><g><\/g><g><\/g><g><\/g><g><\/g><g><\/g><g><\/g><g><\/g><g><\/g><g><\/g><g><\/g><g><\/g><g><\/g><\/svg>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-cca45c4\" data-id=\"cca45c4\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-cb8087b elementor-widget elementor-widget-text-editor\" data-id=\"cb8087b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>So, the total shipping cost is the sum of these 3 parts. i.e.:<\/p><p>the total shipping cost = $90 + $525 +$650= $1,265.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-46614a4 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"46614a4\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f94398c\" data-id=\"f94398c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-22a8e73 elementor-widget elementor-widget-text-editor\" data-id=\"22a8e73\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>One more thing, you can buy <a href=\"https:\/\/jingsourcing.com\/b-what-is-cargo-insurance\/\" target=\"_blank\" rel=\"noopener\"><span style=\"text-decoration: underline\">cargo insurance<\/span><\/a>, especially for goods of high value. If your goods are damaged or lost, you can ask your freight forwarder for claims. Remember to add shipping insurance fees to the total shipping cost if you buy cargo insurance.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d855801 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d855801\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-fcac29d\" data-id=\"fcac29d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-2f80661 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2f80661\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-inner-column elementor-element elementor-element-7d29a6a\" data-id=\"7d29a6a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-inner-column elementor-element elementor-element-3449529\" data-id=\"3449529\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d991617 elementor-widget elementor-widget-text-editor\" data-id=\"d991617\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #031880\"><strong>Let JingSourcing tell you real-time freight rates &amp; arrange your goods in flexible, cost-saving way.<\/strong><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-inner-column elementor-element elementor-element-16773ff\" data-id=\"16773ff\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4b4b0c9 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"4b4b0c9\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/jingsourcing.com\/shipping-and-cargo-consolidation-service\/\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-icon\">\n\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" xmlns:svgjs=\"http:\/\/svgjs.com\/svgjs\" width=\"512\" height=\"512\" x=\"0\" y=\"0\" viewBox=\"0 0 480.026 480.026\" style=\"enable-background:new 0 0 512 512\" xml:space=\"preserve\" class=\"\"><g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\t<g>\t\t<path d=\"M475.922,229.325l-144-160c-3.072-3.392-7.36-5.312-11.904-5.312h-96c-6.304,0-12.032,3.712-14.624,9.472    c-2.56,5.792-1.504,12.544,2.72,17.216l134.368,149.312l-134.368,149.28c-4.224,4.704-5.312,11.456-2.72,17.216    c2.592,5.792,8.32,9.504,14.624,9.504h96c4.544,0,8.832-1.952,11.904-5.28l144-160    C481.394,244.653,481.394,235.373,475.922,229.325z\" fill=\"#ffffff\" data-original=\"#000000\" class=\"\"><\/path>\t<\/g><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\t<g>\t\t<path d=\"M267.922,229.325l-144-160c-3.072-3.392-7.36-5.312-11.904-5.312h-96c-6.304,0-12.032,3.712-14.624,9.472    c-2.56,5.792-1.504,12.544,2.72,17.216l134.368,149.312L4.114,389.293c-4.224,4.704-5.312,11.456-2.72,17.216    c2.592,5.792,8.32,9.504,14.624,9.504h96c4.544,0,8.832-1.952,11.904-5.28l144-160    C273.394,244.653,273.394,235.373,267.922,229.325z\" fill=\"#ffffff\" data-original=\"#000000\" class=\"\"><\/path>\t<\/g><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><\/g><\/svg>\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Contact Us Now<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-inner-column elementor-element elementor-element-67f37df\" data-id=\"67f37df\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-fe99f2b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"fe99f2b\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6f3500f\" data-id=\"6f3500f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-352a6d4 elementor-widget elementor-widget-text-editor\" data-id=\"352a6d4\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3><span style=\"color: #ff9900\"><b>Fees for customs clearance<\/b><\/span><\/h3><p>It mainly includes the fees generated in the clearance process, which always come in 3 types.<\/p><h4>Customs declaration fee<\/h4><p>It is not decided by the shipment value but is charged by every customs declaration form with a certain amount.<\/p><p>A declaration fee is a must whether in export or import. That is to say, you need to pay an export declaration fee in China. That costs nearly $21. When the cargo arrives in the US, you also need to pay a clearance declaration fee. That requires $100-200.<\/p><p>Suppose the total customs declaration fee is $150 in this example.<\/p><h4>Duties and taxes<\/h4><p>As a matter of policy, you need to pay any required <a href=\"https:\/\/jingsourcing.com\/b-customs-duty-from-china-to-usa\/\" target=\"_blank\" rel=\"noopener\">import duties<\/a> and taxes according to the regulations of importing countries.<\/p><p>Duties are related to the type and value of cargo. In the US, any imported goods with a value of $800 or more are subject to import duties. Suppose the import duty rate is 6% here. Then,<\/p><p>Import duties = import duty rate x value of goods = 6% x $10,000 = $600<\/p><p>As one of the tax types, VAT relates to the cargo&#8217;s <a href=\"https:\/\/jingsourcing.com\/b-hs-code\/\" target=\"_blank\" rel=\"noopener\"><span style=\"text-decoration: underline\">HS code<\/span><\/a> and policies in different countries. Note the US doesn&#8217;t levy <a href=\"https:\/\/en.wikipedia.org\/wiki\/Value-added_tax\" target=\"_blank\" rel=\"noopener\">VAT<\/a> on imported goods. But there exist the following 3 kinds of taxes.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-90b64e4 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"90b64e4\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ad8c16d\" data-id=\"ad8c16d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f274399 elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"f274399\" data-element_type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" xmlns:svgjs=\"http:\/\/svgjs.com\/svgjs\" width=\"512\" height=\"512\" x=\"0\" y=\"0\" viewBox=\"0 0 24 24\" style=\"enable-background:new 0 0 512 512\" xml:space=\"preserve\"><g><path d=\"m12 9c-1.6569 0-3 1.3431-3 3s1.3431 3 3 3 3-1.3431 3-3-1.3431-3-3-3z\" fill=\"#ff9933\" data-original=\"#000000\"><\/path><\/g><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Merchandise Processing Fee (MPF) -- calculated by 0.3464% of shipment value and not less than $27.2.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" xmlns:svgjs=\"http:\/\/svgjs.com\/svgjs\" width=\"512\" height=\"512\" x=\"0\" y=\"0\" viewBox=\"0 0 24 24\" style=\"enable-background:new 0 0 512 512\" xml:space=\"preserve\"><g><path d=\"m12 9c-1.6569 0-3 1.3431-3 3s1.3431 3 3 3 3-1.3431 3-3-1.3431-3-3-3z\" fill=\"#ff9933\" data-original=\"#000000\"><\/path><\/g><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Harbor Maintenance Fee (HMF) -- calculated by 0.125% of shipment value.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" xmlns:svgjs=\"http:\/\/svgjs.com\/svgjs\" width=\"512\" height=\"512\" x=\"0\" y=\"0\" viewBox=\"0 0 24 24\" style=\"enable-background:new 0 0 512 512\" xml:space=\"preserve\"><g><path d=\"m12 9c-1.6569 0-3 1.3431-3 3s1.3431 3 3 3 3-1.3431 3-3-1.3431-3-3-3z\" fill=\"#ff9933\" data-original=\"#000000\"><\/path><\/g><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Federal excise tax -- only for particular items like alcohol, tobacco, etc.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1324019 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1324019\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-b26c2c6\" data-id=\"b26c2c6\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e39e588 elementor-widget elementor-widget-text-editor\" data-id=\"e39e588\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Here in the example, you need to pay:<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6d8f00f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6d8f00f\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4054a3f\" data-id=\"4054a3f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-38e7e82 elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"38e7e82\" data-element_type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" xmlns:svgjs=\"http:\/\/svgjs.com\/svgjs\" width=\"512\" height=\"512\" x=\"0\" y=\"0\" viewBox=\"0 0 24 24\" style=\"enable-background:new 0 0 512 512\" xml:space=\"preserve\"><g><path d=\"m12 9c-1.6569 0-3 1.3431-3 3s1.3431 3 3 3 3-1.3431 3-3-1.3431-3-3-3z\" fill=\"#ff9933\" data-original=\"#000000\"><\/path><\/g><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">MPF = 0.3464% x $10,000 = $34.64<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" xmlns:svgjs=\"http:\/\/svgjs.com\/svgjs\" width=\"512\" height=\"512\" x=\"0\" y=\"0\" viewBox=\"0 0 24 24\" style=\"enable-background:new 0 0 512 512\" xml:space=\"preserve\"><g><path d=\"m12 9c-1.6569 0-3 1.3431-3 3s1.3431 3 3 3 3-1.3431 3-3-1.3431-3-3-3z\" fill=\"#ff9933\" data-original=\"#000000\"><\/path><\/g><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">HMF = 0.125% x $10,000 = $12.5<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-51dca85 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"51dca85\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-bb5b5fa\" data-id=\"bb5b5fa\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7f10bb2 elementor-widget elementor-widget-text-editor\" data-id=\"7f10bb2\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>In this context, the total duties and taxes = $600 + $34.64 + $12.5 = $647.14.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2320f7c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2320f7c\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9146484\" data-id=\"9146484\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ac490a3 elementor-widget elementor-widget-text-editor\" data-id=\"ac490a3\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h4>Agency fees<\/h4><p>Importers generally seek a <a href=\"https:\/\/jingsourcing.com\/b-what-is-a-customs-broker\/\" target=\"_blank\" rel=\"noopener\">customs broker<\/a> to help deal with customs clearance, which is complex. He&#8217;ll charge you the service fees. The fees vary from one broker to another. Moreover, <a href=\"https:\/\/jingsourcing.com\/b-customs-bond\/\" target=\"_blank\" rel=\"noopener\">customs bonds<\/a> are required when importing in the US, which is also covered in the broker&#8217;s service fees.<\/p><p>Suppose the import agency fee is 1% of your goods value, so agency fee = $10,000 x 1% = $100<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d0ddda6 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d0ddda6\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f787cad\" data-id=\"f787cad\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-b2f5cd2 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b2f5cd2\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-2ad79ad\" data-id=\"2ad79ad\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ed1422e elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"ed1422e\" data-element_type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" id=\"Capa_1\" x=\"0px\" y=\"0px\" viewBox=\"0 0 448.011 448.011\" style=\"enable-background:new 0 0 448.011 448.011;\" xml:space=\"preserve\"><g>\t<g>\t\t<path d=\"M438.731,209.463l-416-192c-6.624-3.008-14.528-1.216-19.136,4.48c-4.64,5.696-4.8,13.792-0.384,19.648l136.8,182.4    l-136.8,182.4c-4.416,5.856-4.256,13.984,0.352,19.648c3.104,3.872,7.744,5.952,12.448,5.952c2.272,0,4.544-0.48,6.688-1.472    l416-192c5.696-2.624,9.312-8.288,9.312-14.528S444.395,212.087,438.731,209.463z\"><\/path>\t<\/g><\/g><g><\/g><g><\/g><g><\/g><g><\/g><g><\/g><g><\/g><g><\/g><g><\/g><g><\/g><g><\/g><g><\/g><g><\/g><g><\/g><g><\/g><g><\/g><\/svg>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-b12762e\" data-id=\"b12762e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-23790ef elementor-widget elementor-widget-text-editor\" data-id=\"23790ef\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>In this context, total fees for customs clearance = $150 + $647.14 + $100 = $897.14.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-cb4b469 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"cb4b469\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-62afddf\" data-id=\"62afddf\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-e41b229 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e41b229\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-ff02875\" data-id=\"ff02875\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-fd0311f elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"fd0311f\" data-element_type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" xmlns:svgjs=\"http:\/\/svgjs.com\/svgjs\" width=\"512\" height=\"512\" x=\"0\" y=\"0\" viewBox=\"0 0 128 128\" style=\"enable-background:new 0 0 512 512\" xml:space=\"preserve\" class=\"\"><g><path d=\"m118.31 86.75a26.9 26.9 0 0 0 -6.82-8.75 2 2 0 0 0 -2.94.51 50.8 50.8 0 0 1 -4 5.45 41.5 41.5 0 0 0 -13.55 2.45c-2.42.93-3.49.74-8.77-.45a6.57 6.57 0 0 0 -5.52 1c-3.74 2.89-2 9.54 2.7 11.93a19.52 19.52 0 0 0 7.78 1.77c3 .19 2.52.69 2.72.58 0 1.49-2.33 4-5.46 4.41-2 .26-14.66 1.37-17.81 2-2.36.45-7.27 1.37-8.09 5.79-.67 3.59 1.35 6.74 7.51 6.74h.1c5.6 0 19.71-.36 25.16-1.15s13.78-7.91 16.54-10.58c5.55-5.37 8-5.33 8.29-5.3a2 2 0 0 0 2.51-.79c1.88-3.17 2.8-8.9-.35-15.61zm-2.54 12.35c-2 .1-5.49 1.36-10.72 6.42-3.63 3.52-10.7 9-14.34 9.5-5.34.78-19.9 1.08-24.6 1.11-2.59 0-3.37-.62-3.53-.81a1.47 1.47 0 0 1 -.12-1.2c.23-1.26 1.55-2 4.89-2.59 3-.57 15.45-1.64 17.6-1.92 4.69-.63 8.86-4.51 8.93-8.31 0-2.13-1.65-3.87-4.29-4.42-2-.41-5.3 0-8.41-1.57-2.37-1.2-3.14-4.36-2.05-5.2a2.84 2.84 0 0 1 2.19-.25c5.27 1.19 7.45 1.68 11.09.29 8.06-3.11 13.06-1.27 14.76-3.11a42.52 42.52 0 0 0 3.44-4.41 22.23 22.23 0 0 1 4.08 5.82c2.1 4.49 2 8.25 1.08 10.65z\" fill=\"#031880\" data-original=\"#000000\"><\/path><path d=\"m18.26 72.17a2 2 0 0 0 -2.26 1.67l-1.84 11.65a2 2 0 0 0 1.67 2.29l52.87 8.22a2 2 0 1 0 .62-4l-50.9-7.94 1.51-9.67a2 2 0 0 0 -1.67-2.22z\" fill=\"#031880\" data-original=\"#000000\"><\/path><path d=\"m53.32 25.86 3.24-1.05 2.77 2a2 2 0 0 0 1.78.28l3.24-1.09 2.76 2a2 2 0 0 0 1.79.28l3.23-1.05 2.76 2c1.09.78 2.87.41 3.19-1.64l1.2-7.68 22.33 3.48-8.49 54.45a2 2 0 0 0 3.95.62l8.8-56.46a2 2 0 0 0 -1.67-2.29l-75.92-11.8a2 2 0 0 0 -2.28 1.67l-2.33 14.91a2 2 0 0 0 4 .61l2-12.93 22.33 3.48-1.2 7.68c-.34 2 1.2 2.96 2.52 2.53zm22-6.57-.75 4.78c-.57-.31-1.38-1.39-2.73-.95l-3.23 1.05-2.76-2a2 2 0 0 0 -1.79-.27l-3.22 1.1-2.77-2c-1.15-.83-2.26 0-2.89.08l.74-4.78z\" fill=\"#031880\" data-original=\"#000000\"><\/path><path d=\"m6.36 58.05a71.87 71.87 0 0 1 7.86 3.42 48.78 48.78 0 0 1 5.21 5.83c5.68 7.38 18.25 12 27.66 15.55 2.69 1 7.67 2.34 10.25 1a5.23 5.23 0 0 0 2.66-2.85l3.6 1.84c3.65 1.86 6.79.42 8.29-1.83a6.17 6.17 0 0 0 .95-2.43 6 6 0 0 0 7.47-2.83 5.81 5.81 0 0 0 -1.13-6.92 6 6 0 0 0 -1.57-9.68c-1.11-.64-24.16-14.66-24.49-15.15a9.6 9.6 0 0 1 1.21-.12c8.83-.52 12-4.93 11.66-8.7-.32-4.12-3-6.4-7.13-5.57-8.41 1.68-13.59-1.89-23 2.84-5.21 2.61-6.54 1.89-7.61 1.31-.89-.48-4.81-3.33-7.06-5a2 2 0 0 0 -2.39 0 38.36 38.36 0 0 0 -11.22 15.74c-3.12 7.83-2.58 11.64-2.47 12.05a2 2 0 0 0 1.25 1.5zm4.93-12.05a36.58 36.58 0 0 1 8.8-13.08c1.92 1.42 5.18 3.78 6.26 4.37 2.65 1.4 5.42 1.71 11.31-1.29 4.83-2.43 8.28-2.25 12.27-2 10.31.53 10.16-1.27 11.41-.33a2.73 2.73 0 0 1 .66 1.82c.14 1.87-2.22 3.36-3.94 3.81-4.33 1.14-7.08-.23-8.62 3.08a4.18 4.18 0 0 0 1.78 5.25c1.33.89 22.1 13.69 24.43 15 1.28.72 1.64 1.68 1.08 2.87a1.4 1.4 0 0 1 -1.95.68l-18.42-9.4a2 2 0 0 0 -1.82 3.57l20.82 10.65c1.65.84 1.9 2 1.39 3a2 2 0 0 1 -2.75.7l-22-11.2a2 2 0 1 0 -1.82 3.56l18 9.15a1.78 1.78 0 0 1 .4 2.56c-.66 1-1.8 1.17-3.14.49l-19.85-10.12a2 2 0 0 0 -1.82 3.56l12.58 6.42a1.36 1.36 0 0 1 -.83 1.19c-.6.3-3.46.15-7-1.2-8.46-3.23-21-7.79-25.92-14.25a51.9 51.9 0 0 0 -5.79-6.44c-1-.85-4.9-2.48-7.78-3.62a28.62 28.62 0 0 1 2.26-8.8z\" fill=\"#031880\" data-original=\"#000000\"><\/path><\/g><\/svg>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-ff56ec1\" data-id=\"ff56ec1\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-63076e0 elementor-widget elementor-widget-text-editor\" data-id=\"63076e0\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #031880\"><strong>JingSourcing has reliable forwarders to help you ship cargo and deal with customs clearance.\u00a0<\/strong><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-9b89320\" data-id=\"9b89320\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e075b51 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"e075b51\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/jingsourcing.com\/submit-ticket\/\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-icon\">\n\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" xmlns:svgjs=\"http:\/\/svgjs.com\/svgjs\" width=\"512\" height=\"512\" x=\"0\" y=\"0\" viewBox=\"0 0 480.026 480.026\" style=\"enable-background:new 0 0 512 512\" xml:space=\"preserve\" class=\"\"><g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\t<g>\t\t<path d=\"M475.922,229.325l-144-160c-3.072-3.392-7.36-5.312-11.904-5.312h-96c-6.304,0-12.032,3.712-14.624,9.472    c-2.56,5.792-1.504,12.544,2.72,17.216l134.368,149.312l-134.368,149.28c-4.224,4.704-5.312,11.456-2.72,17.216    c2.592,5.792,8.32,9.504,14.624,9.504h96c4.544,0,8.832-1.952,11.904-5.28l144-160    C481.394,244.653,481.394,235.373,475.922,229.325z\" fill=\"#ffffff\" data-original=\"#000000\" class=\"\"><\/path>\t<\/g><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\t<g>\t\t<path d=\"M267.922,229.325l-144-160c-3.072-3.392-7.36-5.312-11.904-5.312h-96c-6.304,0-12.032,3.712-14.624,9.472    c-2.56,5.792-1.504,12.544,2.72,17.216l134.368,149.312L4.114,389.293c-4.224,4.704-5.312,11.456-2.72,17.216    c2.592,5.792,8.32,9.504,14.624,9.504h96c4.544,0,8.832-1.952,11.904-5.28l144-160    C273.394,244.653,273.394,235.373,267.922,229.325z\" fill=\"#ffffff\" data-original=\"#000000\" class=\"\"><\/path>\t<\/g><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><\/g><\/svg>\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Contact Us Now<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-249b0f4 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"249b0f4\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5501c42\" data-id=\"5501c42\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1ed474d elementor-widget elementor-widget-text-editor\" data-id=\"1ed474d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3><span style=\"color: #ff9900\"><b>Overhead fees<\/b><\/span><\/h3><p>It refers to the fees generated in the process of money transfer, such as payment processing fees, bank charges, and exchange rates, etc. Most of them are easily overlooked. And these types of fees are related to <a href=\"https:\/\/jingsourcing.com\/b-international-payment-methods\/\" target=\"_blank\" rel=\"noopener\">payment methods<\/a>, processing banks, and the amount of money.<\/p><p>Suppose you use <a href=\"https:\/\/jingsourcing.com\/b-what-is-telegraphic-transfer\/\" target=\"_blank\" rel=\"noopener\"><span style=\"text-decoration: underline\">T\/T<\/span><\/a> to transfer money to a Chinese supplier.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a6e539f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a6e539f\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-07090ce\" data-id=\"07090ce\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-72a111a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"72a111a\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-e7ad7d2\" data-id=\"e7ad7d2\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8122a82 elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"8122a82\" data-element_type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" id=\"Capa_1\" x=\"0px\" y=\"0px\" viewBox=\"0 0 448.011 448.011\" style=\"enable-background:new 0 0 448.011 448.011;\" xml:space=\"preserve\"><g>\t<g>\t\t<path d=\"M438.731,209.463l-416-192c-6.624-3.008-14.528-1.216-19.136,4.48c-4.64,5.696-4.8,13.792-0.384,19.648l136.8,182.4    l-136.8,182.4c-4.416,5.856-4.256,13.984,0.352,19.648c3.104,3.872,7.744,5.952,12.448,5.952c2.272,0,4.544-0.48,6.688-1.472    l416-192c5.696-2.624,9.312-8.288,9.312-14.528S444.395,212.087,438.731,209.463z\"><\/path>\t<\/g><\/g><g><\/g><g><\/g><g><\/g><g><\/g><g><\/g><g><\/g><g><\/g><g><\/g><g><\/g><g><\/g><g><\/g><g><\/g><g><\/g><g><\/g><g><\/g><\/svg>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-f1ba7d2\" data-id=\"f1ba7d2\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-74f1aa0 elementor-widget elementor-widget-text-editor\" data-id=\"74f1aa0\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>In this context, the fees are $45.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-00611e5 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"00611e5\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-90df025\" data-id=\"90df025\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2eaa762 elementor-widget elementor-widget-text-editor\" data-id=\"2eaa762\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Now let&#8217;s back to our example of 5CBM cargo. From the above calculation, we can estimate the total landed cost.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5ae6ef9 elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"5ae6ef9\" data-element_type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" xmlns:svgjs=\"http:\/\/svgjs.com\/svgjs\" width=\"512\" height=\"512\" x=\"0\" y=\"0\" viewBox=\"0 0 24 24\" style=\"enable-background:new 0 0 512 512\" xml:space=\"preserve\"><g><path d=\"m12 9c-1.6569 0-3 1.3431-3 3s1.3431 3 3 3 3-1.3431 3-3-1.3431-3-3-3z\" fill=\"#ff9933\" data-original=\"#000000\"><\/path><\/g><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Product price: $10,000<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" xmlns:svgjs=\"http:\/\/svgjs.com\/svgjs\" width=\"512\" height=\"512\" x=\"0\" y=\"0\" viewBox=\"0 0 24 24\" style=\"enable-background:new 0 0 512 512\" xml:space=\"preserve\"><g><path d=\"m12 9c-1.6569 0-3 1.3431-3 3s1.3431 3 3 3 3-1.3431 3-3-1.3431-3-3-3z\" fill=\"#ff9933\" data-original=\"#000000\"><\/path><\/g><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Total shipping cost: $1,265<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" xmlns:svgjs=\"http:\/\/svgjs.com\/svgjs\" width=\"512\" height=\"512\" x=\"0\" y=\"0\" viewBox=\"0 0 24 24\" style=\"enable-background:new 0 0 512 512\" xml:space=\"preserve\"><g><path d=\"m12 9c-1.6569 0-3 1.3431-3 3s1.3431 3 3 3 3-1.3431 3-3-1.3431-3-3-3z\" fill=\"#ff9933\" data-original=\"#000000\"><\/path><\/g><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Fees for customs clearance: $897.14<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" xmlns:svgjs=\"http:\/\/svgjs.com\/svgjs\" width=\"512\" height=\"512\" x=\"0\" y=\"0\" viewBox=\"0 0 24 24\" style=\"enable-background:new 0 0 512 512\" xml:space=\"preserve\"><g><path d=\"m12 9c-1.6569 0-3 1.3431-3 3s1.3431 3 3 3 3-1.3431 3-3-1.3431-3-3-3z\" fill=\"#ff9933\" data-original=\"#000000\"><\/path><\/g><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Overhead fees: $45<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-06faca7 elementor-widget elementor-widget-text-editor\" data-id=\"06faca7\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The total landed cost = $10,000 + $1,265 + $897.14 + $45 = $12,207.14<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-104ffd9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"104ffd9\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ac850e7\" data-id=\"ac850e7\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-845e3e7 elementor-widget elementor-widget-spacer\" data-id=\"845e3e7\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-cd0460e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"cd0460e\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-eccc251\" data-id=\"eccc251\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-64e7148 elementor-widget elementor-widget-text-editor\" data-id=\"64e7148\" data-element_type=\"widget\" id=\"a3\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2>How to reduce the landed cost<\/h2><p>Obviously, if you pay less landed costs for your imported cargo, there will be more space for your business profits. Here I list some methods to help you reduce the landed cost.<\/p><h3><span style=\"color: #ff9900;\"><b>Reduce shipping cost<\/b><\/span><\/h3><p>You can choose trade terms like FOB, <a href=\"https:\/\/jingsourcing.com\/b-cif-transport-terms\/\" target=\"_blank\" rel=\"noopener\"><span style=\"text-decoration: underline;\">CIF<\/span><\/a>, or DDP to let suppliers arrange parts of shipping. Because suppliers have long-term cooperative freight forwarders whose shipping charges may be lower than that of the forwarder you find.<\/p><p>You don&#8217;t need to worry suppliers will get additional profits from the shipping process, as they don&#8217;t want to lose your order for such little money. Besides, total shipping costs vary among different <a href=\"https:\/\/jingsourcing.com\/b-shipping-incoterms\/\" target=\"_blank\" rel=\"noopener\">trade terms<\/a>. You can choose the most cost-effective one according to your situation.<\/p><p>Various shipping methods also influence the shipping cost. Sea freight is the cheapest but the lowest. If your shipping time is abundant, sea freight is a good choice.<\/p><p>Another factor for shipping costs is the packaging and loading of goods. Conduct reasonable packaging for goods. And make full use of the space of carton boxes and <a href=\"https:\/\/jingsourcing.com\/b-container-sizes-dimensions\/\" target=\"_blank\" rel=\"noopener\">container<\/a> space while ensuring the protection of products.<\/p><h3><span style=\"color: #ff9900;\"><b>Reduce product prices<\/b><\/span><\/h3><p>The key is to know the market price of your desired product. Then, communicate with your supplier for more preferential prices. It needs some techniques. When you have a great volume of orders, it\u2019s relatively easy to negotiate a better unit price.<\/p><p>But if your orders are small, you can&#8217;t blindly pursue the lowest unit price. At this point, you can be flexible during negotiation. For instance, you can try to use the supplier&#8217;s favorable payment methods, like T\/T 100% in advance, so as to increase your bargaining power.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-24c3f95 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"24c3f95\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9a9b0db\" data-id=\"9a9b0db\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-071dff7 elementor-widget elementor-widget-text-editor\" data-id=\"071dff7\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Highlight:<\/strong> Don&#8217;t blindly choose suppliers or freight\/customs brokers at a cheap price in the pursuit of lower landed costs. You need to balance the quoted prices and the quality of products and services.<\/p><p>In cross-border purchases, finding a reliable <a href=\"https:\/\/jingsourcing.com\/find-china-sourcing-agents-company\/\" target=\"_blank\" rel=\"noopener\">sourcing agent<\/a> is a good option for you. They not only offer competitive product prices for every type of goods, but help you check every important aspect like <a href=\"https:\/\/jingsourcing.com\/b-quality-control-vs-quality-assurance\/\" target=\"_blank\" rel=\"noopener\">quality inspection<\/a> on your behalf. In addition, they can integrate high-quality freight forwarders to ship goods to your door at a good price. In short, the professional sourcing agent is your trustworthy partner to grow your business.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-324b577 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"324b577\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a1b2191\" data-id=\"a1b2191\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-3e93fd5 elementor-section-boxed 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class=\"elementor-column elementor-col-25 elementor-inner-column elementor-element elementor-element-b4f1d98\" data-id=\"b4f1d98\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b3dcc99 elementor-hidden-mobile elementor-widget elementor-widget-spacer\" data-id=\"b3dcc99\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2dc0b05 elementor-widget elementor-widget-text-editor\" data-id=\"2dc0b05\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #031880\"><strong>JingSourcing is a leading sourcing company in China.<\/strong><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-inner-column elementor-element elementor-element-b7ae185\" data-id=\"b7ae185\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8667912 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"8667912\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/jingsourcing.com\/submit-ticket\/\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-icon\">\n\t\t\t\t<svg 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c-2.56,5.792-1.504,12.544,2.72,17.216l134.368,149.312L4.114,389.293c-4.224,4.704-5.312,11.456-2.72,17.216    c2.592,5.792,8.32,9.504,14.624,9.504h96c4.544,0,8.832-1.952,11.904-5.28l144-160    C273.394,244.653,273.394,235.373,267.922,229.325z\" fill=\"#ffffff\" data-original=\"#000000\" class=\"\"><\/path>\t<\/g><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><\/g><\/svg>\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Contact Us Now<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-inner-column elementor-element elementor-element-0f1ef05 elementor-hidden-mobile\" data-id=\"0f1ef05\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-986870c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"986870c\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-45f00ee\" data-id=\"45f00ee\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-be20acc elementor-widget elementor-widget-spacer\" data-id=\"be20acc\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-05f0913 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"05f0913\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c7b397a\" data-id=\"c7b397a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-945c3ea elementor-widget elementor-widget-text-editor\" data-id=\"945c3ea\" data-element_type=\"widget\" id=\"a4\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2>Landed cost vs FOB<\/h2><p>Simply put, the <a href=\"https:\/\/jingsourcing.com\/fob-shipping-china\/\" target=\"_blank\" rel=\"noopener\"><span style=\"text-decoration: underline\">FOB<\/span><\/a> price is a part of the landed cost.<\/p><p>As mentioned above, landed cost covers the sum of the product price and all expenses generated in the process until you receive the goods.<\/p><p>Under FOB, free on board or freight on board, the quotation given by the seller includes the product price +shipping cost from the factory to the departure port + export declaration fee. That means you pay suppliers these fees. They are responsible for shipping goods to the departure port and delivering them to your country. After that, you need to pay the rest of the fees, such as <a href=\"https:\/\/jingsourcing.com\/b-air-freight-vs-sea-freight\/\" target=\"_blank\" rel=\"noopener\">sea\/air freight<\/a> fees, clearance fees, and transportation fees in your country.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-cc5f19c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"cc5f19c\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-494dac0\" data-id=\"494dac0\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f90784f elementor-widget elementor-widget-spacer\" data-id=\"f90784f\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6a81a47 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6a81a47\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f8b2860\" data-id=\"f8b2860\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-eb9faaf elementor-widget elementor-widget-text-editor\" data-id=\"eb9faaf\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2>The end<\/h2><p>I hope this article makes you more clear about the landed cost and know how to calculate it. If you have any further questions, just comment below.<\/p><p>As a leading sourcing company in China, Jingsourcing has assisted plenty of clients to purchase commodities at a competitive price and helped arrange the most cost-effective shipping. They all save a lot on the total landed cost. <a href=\"https:\/\/jingsourcing.com\/submit-ticket\/\" target=\"_blank\" rel=\"noopener\"><span style=\"text-decoration: underline\">Contact us<\/span><\/a> to support your import business.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>When you import a batch of goods and resell them in the target market, it is vital to know landed costs. So, I wrote this article to help you have an overall understanding. Landed cost meaning Landed cost calculation (formula &amp; example) Methods to reduce landed cost Differences between landed cost and FOB What is [&hellip;]<\/p>\n","protected":false},"author":37,"featured_media":104137,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[],"class_list":["post-103907","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-china-sourcing"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.6 (Yoast SEO v25.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Landed Cost: Meaning &amp; Calculation with Example<\/title>\n<meta name=\"description\" content=\"Get the formula to calculate the landed cost and tips to reduce it. 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