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Buyer Guides: page 11

Step-by-step guides for businesses that buy from suppliers in Bangladesh: finding and checking suppliers, writing a request for quotation, minimum order quantities, classifying products with HS codes, choosing an Incoterm, working out landed cost, and the documents that travel with an export shipment. Written for importers and sourcing teams, with the sources for each guide listed on the page.

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CIF Freight Cost – a container ship being loaded by gantry cranes at Chittagong port at golden hour
Buyer GuidesBuyer guide

CIF Freight Cost: Who Pays and How It Is Calculated

Under CIF the seller pays freight and minimum insurance to the named destination port, while the buyer pays destination charges, duty and onward transport. This guide maps every charge, the freight build and the insurance leg, with a worksheet to estimate the landed cost.

By Nourin Tabassum11 min read