The Incoterms® Rules are recognized and used worldwide in contracts for the sale and purchase of goods. They assist the business community by providing. Regional Risk & Insurance Manager—Midwest, Expeditors This seminar will help you understand how Incoterms® impact your supply chain. The choice of transportation mode is probably the most straight forward an importer will face. The decision is made based on timing, value of. Read More.

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A list of the fields that appear in the Landed Cost section:. Country of import of the product. Business Confidential and Proprietary.

Harmonized Schedule number of the product. Landed cost is the quoted or invoiced cost of a commodity, plus any inbound transportation charges including duties, international freight, insurance, etc.

Charges at the origin. Charges Only the charges applicable, based on Incoterms, will be enabled for entry. Required if Incoterms is EX-works.

Description of the product as described at Customs. You must upload rates before using this function. Enter the terms of trade tied to the invoice value in the transaction.


International Commercial terms Incoterms decided by the Trade Partners. Reproduction by written authorization only.

Landed Cost Results Page. Customs valuation rules vary by country. Some countries, such as the U. The results page will appear. Charges as applicable at the port of destination.

What are Incoterms? Here’s what you should know!

Expeditors Technical Communications Department. Click the icon for any of the fields in this section expeditorrs find the rate incotterms calculate the charges automatically.

Enter the value of your transaction for the Incoterm you have selected. When you click the icon, a pop-up window will display all of the rates you have uploaded that have the same country of import and export. Select a currency for the Incoterm value you entered in the previous step. Freight at the origin. Click Verify to verify its accuracy.


Charges Only expeditprs charges applicable, based on Incoterms, will be enabled for entry Click the icon for any of the fields in this section to find the rate and calculate the charges automatically. Country of export of the product. Choices are AirOceanRailor Truck. The landed cost calculated by Tradeflow’s wizard provides an estimation of the costs involved in trading goods across borders. Country of manufacture of the product. The menu will expand.


Select the currency that the landed cost results should appear in. A landed cost calculation is comprised of four main elements:.

What are Incoterms? Here’s what you should know!

Click Classify to classify the product and determine the HS code. See the field definitions below for more information. See HS Classification for more information. Once you provide the required inputs, the Wizard returns the total cost of importing the selected commodity to a specified incotedms country.