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ATMA Apparel & Textile Merchandising Academy

Glossary

What is CIF value?

The value of a shipment including cost, insurance and freight to the destination port, used as the customs value basis by some countries instead of FOB.

This term in other languages

Arabicقيمة CIF
FrenchValeur CIF
TurkishCIF değeri

Learn it in the lesson

Calculating a shipment's customs value from its commercial invoice

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