Landed Cost Formula for Import Quotes
Landed cost is the number that turns a supplier price into a decision. Keeping the formula visible makes margin discussions easier and reduces surprises after shipment.
Calculate landed cost01
Base formula
A simple planning formula is: customs value + freight + insurance + duty + import fees + local handling.
Duty is usually calculated from the customs value basis, while fees such as MPF or HMF may follow their own rules.
Local delivery, warehousing, inspection, and brokerage charges should be added as separate rows instead of hidden in freight.
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Quote discipline
Use one currency convention per quote and note the exchange rate source when currency conversion matters.
Keep assumptions visible: incoterm, origin, destination, HTS code, shipment mode, and calculation date.
Next review step
Continue with product context
Estimates are for planning only. Confirm final classification and rates with a licensed customs broker or the relevant customs authority.
Calculate landed cost