Formula. CIF = FOB + freight + insurance. Customs duty = CIF × duty rate. VAT/GST = (CIF + duty) × VAT rate. Landed cost = CIF + duty + VAT + other fees. Per-unit = landed cost ÷ quantity.
Insurance modes. Marine cargo insurance is typically quoted as a percentage of (FOB + freight) — common range 0.2–0.6% for general cargo, higher for fragile or high-value. Use lump-sum mode if your broker quotes a fixed premium.
VAT/GST base. Most jurisdictions levy VAT on (CIF + duty), not on CIF alone. China import VAT is 13% on (CIF + duty + consumption tax where applicable). EU VAT varies 17–27% by member state on (CIF + duty). UK VAT is 20% on the same base. US has no federal VAT (state sales tax is downstream and not part of import landed cost).
Single duty rate limitation. This calculator uses one ad-valorem rate. For US imports facing MFN + §301 + §232 + §122 stacks, compute the effective rate in the Tariff Stack Calculator first, then plug it in here.
Currency conversion. Exchange rates are user-editable. The default rates are illustrative — use your actual conversion rate (XE.com, OANDA, or your bank's rate) for booking-grade quotes.