When importing from China, your customs value determines how much duty and tax you pay. It’s calculated based on your invoice price plus freight and insurance (CIF value). Always ensure documents match your Incoterm (FOB, CIF, DDP) to avoid customs…

EXW, FOB, CIF, and DDP are the four most common Incoterms defining how buyers and sellers share shipping costs, customs responsibilities, and risks. EXW gives full control to buyers, FOB splits tasks, CIF covers freight and insurance to port, and…