cost insurance freight

Show Summary Details

Quick Reference


The value of imports when they enter a country. Cif value is the value of goods when they reach the port of entry to their country of destination: it includes their purchase price in the country of origin, and the freight and insurance costs of shipping them to a foreign port. Cif does not include import duty or costs of transport within the country of destination.

Subjects: Economics — Law.

Reference entries

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.