Unlike transaction value – the price actually agreed between buyer and seller – commercial value reflects the objective market price at which goods would normally change hands between independent parties under open-market conditions.
Source: https://www.zoll.de/DE/Fachthemen/Warenverkehr/Warenwert/Warenwert_node.html
Matching tools and partners
Free · No password · Never a paywall. Weekly top news and facts from logistics.
Share your knowledge, ask follow-up questions, or add practical insights to this page. Every contribution is moderated before publication.