Landed Cost –How to Calculate Total Cost of Imports
Cheap is a word which often comes to mind when scouting foreign products. If only you could import these goods without additional cost, your profits would skyrocket. However, in reality, the price drastically changes once the goods have arrived at your doorstep. Shipping costs, import duties, and taxes all add up to the price of your product. The total amount you pay for your imports is called landed cost. In this article, I will explain how to calculate the landed cost for your goods.
March 1, 2019