If you plan to send something from China into France, knowing the prices is important. The logistics could be complex as costs of the shipping depend on a set of variables. In this article, we break down these costs in detail so you get an understanding of what you need to budget for while planning your shipments.
Freight Costs
Cost heavily depends on whether using air or sea freight. Air freight is relatively faster, but at a cost: $4-8 per kilo. It is also best suited for high value, low volume shipments or rush orders.
On the contrary, sea freight is more economy-based and appropriate for bulkier shipments that require less urgency. As far as costs are concerned, a 20-foot unit can range from ~$1,500 to $4k (although pricing is dependent on the dimensions of each container) The cost can rise from $2800 to 5500 per container of size up to a 40-foot container.
Customs Duties and Taxes
Duties in France: Customs duties, land-related and gas taxes vary greatly depending on what is being imported. Typically, the duties are as a percentage of value of the goods (0% to 17%). Furthermore, most imported goods also pay a standard Value Added Tax (VAT) of 20%, which is calculated on the CIF value Oundsvalue as well.
Insurance Costs
It is mandatory to have insurance against such damage or loss during the transit. The costs are generally between 0.3-0.5% of the CIF value With the inherent risks of cross country shipment is always best to purchase a highly protective insurance.
Handling Fees
These include handling fees, to cover the cost of loading and unloading at both Chinese ports but also the preparation for shipping in French customs. Note: these fees can vary but typically start at $100 per shipment. And oversized or more intricate deliveries may engage greater handling tolls.
More factors affecting this cost
Here are a few other items that can influence the total cost to ship:
Fuel surcharges: Rising fuel prices can lead to supplementary fees, often the case with air freight.
Seasonality: Prices can rise during peak seasons, like if everyone is trying to get boxes before Chinese New Year or the Christmas period.
Currency exchange rates This step can greatly increase the cost when converting freight charges, be aware that changes in the currency exchange rate for Chinese Yuan and Euro.
Planning Your Budget
Strategies for successfully optimizing your Shipping budget
Price quotes: Compare different price quotes from various carriers and freight forwarders to offer competitive rates.
Haggle: If you are sending a lot of shipments via one carrier, always try to negotiate better terms.
Be an early bird - Plan your booking at the off-peak season in advance to get discounted rates and availability.
You can find complete information about the shipping rates at: shipping from china to france for more and latest updates.
With comprehensive insight and lowdown on these costs and factors, businesses can chart out a logistics strategy to ensure that France shipping from China is both economical as well as efficient.