{"@context":"https://schema.org","@type":"DefinedTerm","name":"Trade Value","description":"Trade value is the foundation for calculating import duties, taxes, and statistical reporting, making it one of the most scrutinised figures in customs clearance. It represents the price actually paid or payable for goods sold for export, with freight and insurance charges added or excluded depending on the applicable Incoterm and the importing country's valuation rules—CIF for cost-inclusive, FOB for port-of-export basis. The WTO Customs Valuation Agreement, administered through WCO guidelines,","inDefinedTermSet":{"@type":"DefinedTermSet","name":"Frachtportal Logistics Glossary","url":"https://www.freight-academy.com/en/glossary"},"url":"https://www.freight-academy.com/en/glossary/trade-value","inLanguage":"en","dateModified":"2026-06-26T17:02:30.102050","citation":"https://www.wcoomd.org/en/topics/valuation/overview/what-is-customs-valuation.aspx","markdownMirror":"https://www.freight-academy.com/api/md/glossary/en/trade-value","provider":{"@type":"Organization","name":"Frachtportal","url":"https://www.freight-academy.com"},"quickSummary":"Trade Value · Trade value is the foundation for calculating import duties, taxes, and statistical reporting, making it one of the most scrutinised figures in customs clearance. · Quelle: https://www.wcoomd.org/en/topics/valuation/overview/what-is-customs-valuation.aspx"}