US Import Duty Calculator
Calculation Results
Estimated Import Duty:
$0.00Total Landed Cost (Product Value + Duty + Other Fees):
$0.00Understanding US Import Duty and Landed Cost
When importing goods into the United States, businesses and individuals are subject to various charges, including import duties, taxes, and fees. Understanding these costs is crucial for accurate pricing, budgeting, and ensuring compliance with US Customs and Border Protection (CBP) regulations. This calculator helps estimate the primary components of your landed cost: import duty and the total amount you can expect to pay for your imported goods.
What is Import Duty?
Import duty, also known as a tariff, is a tax imposed by a country on goods imported from another country. The United States applies duties based on the Harmonized Tariff Schedule (HTS) of the United States, which classifies imported products and assigns specific duty rates to each. These rates can vary significantly depending on the product's type, origin country, and material composition. Factors like trade agreements, quotas, or special trade programs can also influence duty rates.
How Import Duty is Calculated
The most common method for calculating import duty in the US is based on the ad valorem system. This means the duty is a percentage of the value of the imported goods.
The formula is typically:
- Import Duty = Product Value × (Duty Rate / 100)
For example, if you import goods valued at $1,000 and the applicable duty rate is 5%, the import duty would be $1,000 × (5 / 100) = $50.
It is important to note that the "value" used for duty calculation is often the "customs value," which might include not just the product price but also shipping and insurance costs to the US port of entry. For simplicity, this calculator uses the provided "Product Value" as the base for duty calculation, but be aware that official customs valuations might differ.
What is Landed Cost?
Landed cost is the total cost associated with acquiring and delivering a product to your desired location. For imported goods, it encompasses all expenses incurred from the moment the product leaves the seller's premises until it reaches the buyer's doorstep.
The formula for total landed cost, as estimated by this calculator, is:
- Total Landed Cost = Product Value + Calculated Import Duty + Other Import Fees
Other import fees can include customs broker fees, customs duties, freight charges, insurance costs, handling fees, and any applicable taxes (like sales tax or VAT, although US sales tax is generally not levied by the federal government on imports directly but by states upon sale). Accurately calculating landed cost is vital for determining profitability, setting competitive prices, and managing supply chain expenses.
How to Use This Calculator
- Product Value (USD): Enter the declared value of the goods you are importing, in US dollars.
- Estimated Duty Rate (%): Input the percentage rate applicable to your specific product. You may need to consult the HTSUS or a customs broker to determine the correct rate.
- Other Import Fees (USD): Add any known additional costs such as shipping, handling, insurance, or broker fees associated with the import process.
- Click "Calculate Duty" to see the estimated import duty and the total landed cost.
Disclaimer
This calculator provides an estimation for informational purposes only. Actual import duties and fees can vary based on specific product classifications, declared values, the country of origin, current regulations, and specific costs incurred. For precise calculations and compliance, it is highly recommended to consult with US Customs and Border Protection (CBP), a licensed customs broker, or a trade compliance professional.