Learn Basic Freight Charges
The shipping cost from China to Italy varies according to the transport way chosen above all. However, air freight is far more expensive with rates between $5 to 8 per kilogram coinciding with the urgency and airline. In contrast, sea freight proves to be the optimal solution for high volume logistics and as such container shipping cost may range from $1,500-$4.000 per shipment depending on the type of goods shipped or size (20' or 40').
Factor in the Type of Goods
The shipping rates typically will vary greatly depending on the type of product or servicen from a few cents per item, to several dollars. Items that are perishable, hazardous, or of a high value such as electronics also adds cost not only because they have to be specially handled and stored but simply for the more established risk. For example, containers used to transport perishable goods in refrigerated conditions can cost about 20% more than standard dry van storage.
Consider the Incoterms
The Incoterms are standards created by the ICC that define who has what responsibility and cost over a shipment when transactions take place between different countries. Basic Terms like FOB (Free on Board) or CIF (Cost, Insurance and Freight), these terms directly related to which party is responsible for bearing the transport charges. By having better understanding of these terms you could also negotiate shipping charges in more efficient way and can reduce the surprises.
Mark as Gift with Customs Import Taxes
Ultimately, if Italy is an EU country it charges tariffs and VAT on items coming in from non-EU countries. While the average duty rate is about 3-5% on value of cargo it can change according to product category. Moreover, there is a normal VAT of 22% on top making import prices much more expensive.
Account for Additional Fees
There are several other surcharges that can potentially add to the overall cost of shipping.
This show us the fuel surcharges that are changing to adapt with world oil prices.
CAF Fee: used to recover currency equivalent rate claims.
Costs of enhanced security measures, such as for airport or shipping line applied "security fees". These fees could result in an additional 5-10% over and above your total shipping costs.
Logistics and Handling Plan
Trucking into China and Italy, warehousing, transportation costs all add up further. In China, as an example - trucking fees from the manufacturer to a port can be anywhere around $300 up to even $700. In Italy, the unloading and warehousing costs in addition to the final delivery can vary depending on how far away you are from a port or for every day of storage.
That said, if you take these factors into careful consideration then they may help to give a much more true estimation and suitable management of what it will cost when shipping from china to Italy for companies. Good planning and an understanding of all the related costs are essential in order to maximize this process & make sure we keep it on budget.
