How much does transshipment trade to Mexico generally cost? Come and find out!
Solved#Entrepot trade#
I recently plan to engage in transshipment trade with the destination being Mexico. I haven't been exposed to this area before, so I would like to ask everyone how much it probably costs to do transshipment trade to Mexico? What aspects do the costs cover? Are they calculated as a percentage of the cargo value or is there a fixed charging standard? I hope that friends with experience can tell me about it so that I can have an idea in mind and make a budget in advance.
Professional consultant answers
David LiYears of service：6Customer Rating：5.0
Senior customs declaration consultantConsult
The costs involved in transshipment trade are relatively complex. First, there is the warehousing fee at the transit port. This is usually calculated based on the space occupied by the goods and the storage time. For example, at some regular transit ports, it may be around 1 - 5 US dollars per cubic meter per day. Second, there is the handling fee at the transit port. Depending on the type of goods and the difficulty of operation, it may be 10 - 50 US dollars per ton. There is also the document processing fee. The handling of documents such as bills of lading and certificates of origin generally costs 200 - 500 US dollars per set. In addition, transshipment trade agency companies like Zhongshitong also charge a certain agency fee, usually 1% - 3% of the cargo value. The total cost needs to be calculated based on the actual situation of the goods and cannot be generalized. It needs to be determined by considering multiple aspects.
It is recommended that you communicate in detail with the agency company and provide specific information about the goods for accurate calculation.
Emily LiuYears of service：10Customer Rating：5.0
Settlement and payment expertConsult
The costs of transshipment trade to Mexico are closely related to the weight and volume of the goods. The handling fee for heavy goods may be higher, and for light and bulky goods, the warehousing fee calculated by volume may also be quite high. In addition, the transportation distance also affects the cost. Different transit ports have different distances to Mexico, resulting in differences in freight.
Andrew HuangYears of service：7Customer Rating：5.0
Supply chain optimization expertConsult
The costs also depend on the trade terms. For example, under the CIF term, the seller has to bear the freight and insurance premium. The insurance premium is calculated as a certain percentage of the cargo value, generally around 0.1% - 0.3%. If it is the FOB term, the seller doesn't need to worry about this part of the cost.
Robert ChenYears of service：6Customer Rating：5.0
Customer service consultantConsult
There may also be some costs in customs clearance in Mexico, such as import duties, which depend on the specific HS code of the goods and have a large difference in tax rates. There are also some inspection fees. If the goods are randomly inspected by the customs, corresponding fees will be incurred.
Michelle ChenYears of service：3Customer Rating：5.0
Business coordination consultantConsult
The mode of transportation also affects the price. Sea transportation is relatively cheaper but takes longer; air transportation is fast but expensive. Moreover, different shipping companies or airlines have different charging standards, so it is necessary to compare more when making a choice.
Amanda YangYears of service：3Customer Rating：5.0
Cost control consultantConsult
If the goods need special handling, such as refrigerated goods, there will be additional costs for the use and maintenance of refrigeration equipment at the transit port, and this cost is not small.
Joseph ZhouYears of service：10Customer Rating：5.0
Senior foreign trade managerConsult
In addition, exchange rate fluctuations may also affect the final cost, especially when foreign exchange settlement is involved. Pay attention to exchange rate changes to minimize exchange losses.
James LiuYears of service：10Customer Rating：5.0
Foreign trade tax refund consultantConsult
Some transit ports may also have miscellaneous fees such as port construction fees. Although the individual fees are not high, the total amount is not a small sum. Don't overlook these small items.
Elizabeth LiYears of service：3Customer Rating：5.0
Compliance and risk managerConsult
Sometimes, if the goods need value-added services such as repackaging at the transit port, it will also generate costs. Plan in advance whether such services are needed.