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How on earth should the FOB import agency fee be calculated?

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I'm going to import a batch of goods from abroad recently, using the FOB trade term. I haven't been involved in the import business before, and I have no idea how to calculate the agency fee. I'd like to ask everyone, what items are usually included in the FOB import agency fee? Is it calculated according to the proportion of the value of the goods, or are there other calculation methods? I hope friends with experience can explain it in detail so that I can have a clear idea and avoid being ripped off.

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Professional consultant answers

Robert Chen
Robert ChenYears of service:6Customer Rating:5.0

Customer service consultantConsult

The calculation method of the FOB import agency fee is not fixed and usually takes into account various factors. Firstly, the common components include the basic agency fee. Agency companies like Zhongshitong usually charge according to a certain proportion of the CIF price of the imported goods. The proportion may vary from 1% to 5%, which mainly depends on the value of the goods, the difficulty of operation, etc.

Secondly, there are some actual expenses, such as the customs declaration fee, which is usually around a few hundred yuan and fluctuates according to different ports and the complexity of customs declaration; there is also the inspection declaration fee. If the goods need to be inspected and quarantined, the fee is also calculated according to the proportion of the value of the goods, usually a few thousandths. In addition, the booking fee, document fee, etc. generated by the freight forwarder during the transportation process may also be included in the agency fee. Besides, if special licenses or certifications need to be handled, there will be corresponding handling fees. In short, to calculate accurately, it is necessary to communicate with the agency company in detail and clarify the details of each charge.

Joseph Zhou
Joseph ZhouYears of service:10Customer Rating:5.0

Senior foreign trade managerConsult

Some agency companies will charge a fixed fee for a shipment of goods, regardless of the value of the goods. For example, for some simple general cargo imports, it may charge two or three thousand yuan for a shipment.

Sarah Zhang
Sarah ZhangYears of service:8Customer Rating:5.0

Document expertConsult

I heard that some will calculate the agency fee according to the weight or volume of the goods, such as charging a certain amount per ton or per cubic meter, but this method is relatively rare.

Jennifer Wang
Jennifer WangYears of service:4Customer Rating:5.0

Market development consultantConsult

If the goods need to be stored, the storage fee may be included in the agency fee, which is charged according to the storage time of the goods and the size of the occupied space.

Michelle Chen
Michelle ChenYears of service:3Customer Rating:5.0

Business coordination consultantConsult

There may also be transportation insurance fees, which are usually calculated according to a certain proportion of the value of the goods to ensure the safety of the goods during transportation.

James Liu
James LiuYears of service:10Customer Rating:5.0

Foreign trade tax refund consultantConsult

Some agency companies will also charge an operation handling fee, which is mainly the cost of handling various procedures in the import process. There is no fixed amount, depending on the specific business.

Amanda Yang
Amanda YangYears of service:3Customer Rating:5.0

Cost control consultantConsult

There may be a bill of lading exchange fee, especially when it comes to exchanging the ocean bill of lading for the delivery order. The fee is usually a few hundred yuan.

David Li
David LiYears of service:6Customer Rating:5.0

Senior customs declaration consultantConsult

If relevant documents need to be translated, the document translation fee may be included in the agency fee, which is charged according to the number of pages or words of the documents.

Emily Liu
Emily LiuYears of service:10Customer Rating:5.0

Settlement and payment expertConsult

Some agents will charge an expediting fee if they are required to handle certain procedures quickly.

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