Free Tools/Duty, Tax & Cost/CIF / FOB / CFR Converter
Duty, Tax & Cost#04

CIF / FOB / CFR Converter

Convert your known shipment value between CIF, FOB, and CFR bases by entering freight and insurance costs.

Free Tool

Known Value

USD

Additional Costs

USD

Sea/air/road freight cost

USD

Cargo insurance cost

Converted Values

Enter a value above to convert.

Customs Valuation Note

EU & UK customs use CIF (Cost + Insurance + Freight to port of entry) as the customs value base for calculating import duty.

US Customs (CBP) uses FOB (Free On Board at export port) as the transaction value base.

Formula: CIF = FOB + Freight + Insurance. CFR = FOB + Freight. If you declare the wrong base you may over- or under-pay duty.

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