Landed cost is the real cost. Invoice price is just the start.
International trade looks simple (buy cheap, sell dear) until you add shipping, tariffs, compliance, and currency risk. You'll learn landed cost (total true cost: goods + shipping + tariffs + compliance), Incoterms (who pays for what?), and FX risk (will the pound crash before you get paid?). You'll understand that most importers underestimate true cost by 20-30%, destroying margins they thought they had.
Landed cost is the true total cost of an imported product including duties, freight, and insurance. Essential for accurate margin calculations.
4 min read · Beginner
Incoterms define who pays for freight, insurance, and bears the risk at each stage of an international shipment. Essential knowledge for any importer or exporter.
4 min read · Intermediate
Import duty is a tax charged on goods brought into a country. Understanding how it's calculated is essential for any importer.
3 min read · Beginner
FX risk is the chance that exchange rate movements will hurt your business. Here's how to identify it and manage it.
4 min read · Beginner
Understand how forward contracts lock in exchange rates for future transactions, providing certainty for international trade payments.
4 min read · Intermediate
Part of this AskBiz Academy learning path.
AskBiz Academy
Understand how letters of credit provide payment guarantees in international trade, reducing risk for both importers and exporters.
4 min read · Beginner
Transfer pricing governs how related companies price transactions between each other. Learn the rules, risks, and compliance requirements.
5 min read · Advanced
Follow this learning path to master international trade: true cost of imports.
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