# how to calculate cif value – Citrus Freight

To calculate the Cost, Insurance, and Freight (CIF) value of an imported good, start with the Free on Board (FOB) value, which is the cost of the goods at the point of origin. Add the cost of insurance, which covers the goods during transit, and the freight charges, which include all shipping costs to the port of destination. The formula is: CIF Value = FOB Value + Cost of Insurance + Freight ChargesThis calculation ensures that the total value reflects all costs associated with delivering the […]