How to calculate shipping cost from China to Austria?

 

Calculating shipping costs from China to Austria involves several factors and steps. Here’s a detailed guide on how to do it:

1. Determine the Shipping Method

· Air Freight

· Sea Freight (FCL or LCL)

· Rail Freight

· Express Courier

2. Calculate the Volume and Weight of Your Shipment

· Volume (CBM): Measure the dimensions of your shipment (Length x Width x Height in meters) to get the cubic meter measurement.

· Weight: Weigh your shipment to determine the gross weight in kilograms.

3. Get Quotes from Shipping Companies

· Contact multiple freight forwarders or shipping companies to get quotes for the different shipping methods.

· Provide them with the details of your shipment, including dimensions, weight, origin, and destination.

4. Calculate the Basic Shipping Cost

· Air Freight: Cost per kilogram x Total weight.

· Sea Freight (FCL): Fixed cost per container (20-foot or 40-foot).

· Sea Freight (LCL): Cost per cubic meter (CBM) x Total volume.

· Rail Freight: Cost per kilogram or CBM, depending on the company.

· Express Courier: Cost per kilogram x Total weight.

5. Add Additional Costs

· Customs Duties and Taxes: Calculate based on the value and nature of the goods. Check with Austria’s customs regulations for specific rates.

· Insurance: Typically around 0.3% to 0.5% of the shipment’s value.

· Handling Fees: Charges for loading, unloading, and handling the goods at ports or airports.

· Fuel Surcharges: Some shipping methods, particularly air freight, may include fuel surcharges.

6. Calculate the Total Shipping Cost

· Sum up all the costs from the previous steps to get the total shipping cost.

Example Calculation

Assume you are shipping a 2 CBM, 500 kg shipment from Shanghai to Vienna by sea freight (LCL).

Basic Shipping Cost:

· If the rate is $150 per CBM: 2 CBM x $150 = $300.

Additional Costs:

· Customs Duties and Taxes: Suppose the total value of goods is $5,000, and the import duty rate is 5%, plus VAT at 20%:

· Import duty: $5,000 x 5% = $250

· VAT: ($5,000 + $250) x 20% = $1,050

· Insurance: 0.5% of $5,000 = $25.

· Handling Fees: Approximate $100.

Total Shipping Cost:

· Basic Shipping Cost: $300

· Import Duty: $250

· VAT: $1,050

· Insurance: $25

· Handling Fees: $100

· Total: $300 + $250 + $1,050 + $25 + $100 = $1,725.

This example provides a simplified view. Actual costs can vary based on current rates, specific services, and the nature of the goods. Always consult with shipping professionals for accurate quotes and assistance.