CIF-FOB conversion
Finnish Customs compiles statistics on imports of goods at CIF value. In balance of payments, imports of goods are at FOB value. To attain the FOB value, freight and insurance costs between the ports of loading and destination are deducted from imports of goods.
Statistics using the definition
Validity of the definition
- Valid until (31 December 2078)
Source organisation
- Tilastokeskus
Related concepts
Jaa