{"@context":"https://schema.org","@type":"DefinedTerm","name":"transaction value","description":"Transaction value is the price actually paid or payable for goods sold for export to the country of importation, and it is the primary customs valuation method under the WCO Customs Valuation Agreement. It extends beyond the invoice figure: certain additions apply—commissions, royalties, or a share of transport costs not already included in the agreed price—while discounts documented in the sales contract and actually granted reduce it accordingly. The invoice value is the commercial starting po","inDefinedTermSet":{"@type":"DefinedTermSet","name":"Frachtportal Logistics Glossary","url":"https://www.freight-academy.com/en/glossary"},"url":"https://www.freight-academy.com/en/glossary/transaction-value","inLanguage":"en","dateModified":"2026-06-26T14:58:44.257384","citation":"https://www.wcoomd.org/en/topics/valuation/instrument-and-tools/customs-valuation-compendium.aspx","markdownMirror":"https://www.freight-academy.com/api/md/glossary/en/transaction-value","provider":{"@type":"Organization","name":"Frachtportal","url":"https://www.freight-academy.com"},"quickSummary":"transaction value · Transaction value is the price actually paid or payable for goods sold for export to the country of importation, and it is the primary customs valuation method under the WCO Customs Valuation Agreement. · Quelle: https://www.wcoomd.org/en/topics/valuation/instrument-and-tools/customs-valuation-compendium.aspx"}