CIF Price Calculator

Calculate your CIF export price from FOB cost — add ocean freight, marine insurance (110% convention), and your profit margin.

Enter Your CIF Costs

FOB unit cost (per piece, $)

Quantity (pieces)

Ocean freight (total, $)

Insurance rate (%)

Target profit margin (%)

Your CIF Price (per piece)

FOB cost —

              CIF price
              —
            

Freight per piece —

Insurance per piece —

Total CIF (shipment) —

Prices in USD

How CIF Price Is Calculated

CIF Formula

CIF = FOB + ocean freight + marine insurance. Insurance is calculated on 110% of the CIF value, per Incoterms® 2020.

Who pays what under CIF

The seller pays freight and insurance to the destination port. Risk transfers to the buyer once goods are loaded on board at origin.

Insurance (110% convention)

Marine insurance is typically 0.25–0.6% on 110% of the CIF value. Use the higher end for fragile or high-risk cargo.

Profit margin

Selling price = cost ÷ (1 − margin). A 20% margin means profit is 20% of the selling price, not 20% markup on cost.

CIF Calculator FAQ

What is CIF price?

CIF (Cost, Insurance and Freight) is the price including goods cost, ocean freight, and marine insurance to the named destination port. The seller pays these costs.

How is CIF calculated from FOB?

CIF = FOB + ocean freight + marine insurance. Insurance is computed on 110% of the CIF value. This calculator handles the 110% convention automatically.

What's the difference between CIF and landed cost?

CIF stops at the destination port. Landed cost adds import duty, destination port charges, and inland delivery to the buyer's warehouse. See our landed cost calculator.

Should I quote FOB or CIF?

FOB gives the buyer control over freight; CIF gives a simpler all-in price to the destination port. Many exporters quote both. See FOB vs CIF.