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How to Work Out Your True Cost Per Unit When Importing from Overseas

David Townsend··9 min read
How to Work Out Your True Cost Per Unit When Importing from Overseas

Why Per-Unit Cost Matters

Whether you're selling on Amazon US, Amazon UK, eBay, Shopify, or wholesale — every pricing decision comes down to one question: what does this product actually cost me per unit?

Get this number right and you can set prices confidently, know your exact margin on every sale, and make informed decisions about which products to reorder and which to drop. Get it wrong and you'll either underprice (losing money) or overprice (losing sales), and you won't know which until it's too late.

The challenge with imported goods is that many of the costs — shipping, brokerage, port charges, delivery — apply to the entire shipment, not to individual units. You need a systematic way to allocate these shared costs to each product to arrive at a true per-unit cost.

The Basic Formula

Your true cost per unit is:

Cost per unit = (Product cost + Allocated shipping + Duty + VAT + Allocated fees) ÷ Number of units

For a single-product shipment, this is straightforward — divide the total landed cost by the number of units. But most importers ship multiple products in the same container or consolidation, which means you need to allocate shared costs fairly across different products.

Understanding Cost Allocation

Cost allocation is the process of distributing shared costs (like freight, brokerage, and delivery) across the individual products in a shipment. There are four common methods, and the right one depends on the type of cost and the nature of your products.

Method 1: Allocation by Value

How it works: Each product bears a share of the shared cost proportional to its value relative to the total shipment value.

Best for: Customs duties, insurance, and any cost calculated as a percentage of value.

Formula: Product's share = (Product value ÷ Total shipment value) × Shared cost

Example: A shipment worth $12,500 total contains Product A worth $7,500 and Product B worth $5,000. A $250 brokerage fee would be split: Product A pays $150 (60%), Product B pays $100 (40%).

Method 2: Allocation by Weight

How it works: Each product bears a share proportional to its weight.

Best for: Air freight (charged by weight) and any weight-based charges.

Formula: Product's share = (Product weight ÷ Total shipment weight) × Shared cost

Example: Total shipment weighs 500 kg. Product A weighs 350 kg, Product B weighs 150 kg. A $1,500 freight charge would be split: Product A pays $1,050 (70%), Product B pays $450 (30%).

Method 3: Allocation by Volume (CBM)

How it works: Each product bears a share proportional to the space it takes up, measured in cubic metres.

Best for: Sea freight (especially LCL, which is charged per CBM) and warehouse storage costs.

Formula: Product's share = (Product volume ÷ Total shipment volume) × Shared cost

Example: Total shipment is 4 CBM. Product A occupies 3 CBM, Product B occupies 1 CBM. A $1,000 freight charge would be split: Product A pays $750 (75%), Product B pays $250 (25%).

Method 4: Allocation by Units

How it works: Shared costs are split equally across all units regardless of value, weight, or size.

Best for: Fixed per-shipment costs where no other method is clearly more appropriate (e.g., documentation fees).

Formula: Product's share = (Number of units of product ÷ Total units in shipment) × Shared cost

Example: 1,000 total units — 600 of Product A, 400 of Product B. A $125 documentation fee would be split: Product A pays $75, Product B pays $50.

Choosing the Right Method

In practice, you'll often use different allocation methods for different cost components within the same shipment:

Cost ComponentRecommended Allocation Method
Sea freight (LCL)By volume (CBM)
Sea freight (FCL)By volume or value
Air freightBy chargeable weight
Customs dutyBy value (it's already calculated per product)
Import VATBy value (calculated on customs value + duty)
InsuranceBy value
Brokerage feesBy value or equally
Port handlingBy volume or equally
Local deliveryBy volume or weight
Inspection feesBy product (if specific) or equally

Worked Example: Three Products in One Shipment

Let's walk through a complete example. You're importing three products from China to the UK in a single LCL (less-than-container-load) sea freight shipment.

The Products

Product A: Phone CasesProduct B: Bluetooth SpeakersProduct C: USB Cables
Quantity2,000 units500 units3,000 units
Unit price (FOB)$1.00$10.50$0.45
Total value$2,000$5,250$1,350
Weight60 kg200 kg90 kg
Volume0.5 CBM1.8 CBM0.7 CBM
HS code duty rate0%2%0%

Total shipment: $8,600 value, 350 kg, 3.0 CBM

Shared Costs

Shared CostAmount
Sea freight (LCL)$600
Cargo insurance$45
Customs brokerage$120
Port handling$180
Local delivery$350
Total shared costs$1,295

Step 1: Allocate Freight by Volume

Total volume: 3.0 CBM

  • Product A: 0.5 / 3.0 × $600 = $100.00
  • Product B: 1.8 / 3.0 × $600 = $360.00
  • Product C: 0.7 / 3.0 × $600 = $140.00

Step 2: Allocate Insurance by Value

Total value: $8,600

  • Product A: $2,000 / $8,600 × $45 = $10.47
  • Product B: $5,250 / $8,600 × $45 = $27.47
  • Product C: $1,350 / $8,600 × $45 = $7.06

Step 3: Allocate Brokerage by Value

  • Product A: $2,000 / $8,600 × $120 = $27.91
  • Product B: $5,250 / $8,600 × $120 = $73.26
  • Product C: $1,350 / $8,600 × $120 = $18.84

Step 4: Allocate Port Handling by Volume

  • Product A: 0.5 / 3.0 × $180 = $30.00
  • Product B: 1.8 / 3.0 × $180 = $108.00
  • Product C: 0.7 / 3.0 × $180 = $42.00

Step 5: Allocate Local Delivery by Volume

  • Product A: 0.5 / 3.0 × $350 = $58.33
  • Product B: 1.8 / 3.0 × $350 = $210.00
  • Product C: 0.7 / 3.0 × $350 = $81.67

Step 6: Calculate Duty

  • Product A: $2,000 × 0% = $0.00
  • Product B: ($5,250 + $360 + $27.47) × 2% = $112.75
  • Product C: $1,350 × 0% = $0.00

Note: Duty is calculated on the CIF value (product cost + freight + insurance to UK border).

Step 7: Calculate Import VAT (20%)

Import VAT is charged on the customs value plus duty:

  • Product A: ($2,000 + $100 + $10.47 + $0) × 20% = $422.09
  • Product B: ($5,250 + $360 + $27.47 + $112.75) × 20% = $1,150.04
  • Product C: ($1,350 + $140 + $7.06 + $0) × 20% = $299.41

Step 8: Calculate Total Landed Cost and Per-Unit Cost

Product AProduct BProduct C
Product cost$2,000.00$5,250.00$1,350.00
Freight$100.00$360.00$140.00
Insurance$10.47$27.47$7.06
Brokerage$27.91$73.26$18.84
Port handling$30.00$108.00$42.00
Local delivery$58.33$210.00$81.67
Duty$0.00$112.75$0.00
Import VAT$422.09$1,150.04$299.41
Total landed cost$2,648.80$7,291.52$1,938.98
Units2,0005003,000
Cost per unit$1.32$14.58$0.65

What This Tells Us

  • Phone Cases: Invoice cost $1.00, landed cost $1.32 — a 32% increase. Zero duty helps, but freight and VAT still add up.
  • Bluetooth Speakers: Invoice cost $10.50, landed cost $14.58 — a 38.9% increase. The speakers are bulky (1.8 CBM for 500 units), so they absorb a large share of volume-based costs.
  • USB Cables: Invoice cost $0.45, landed cost $0.65 — a 44.4% increase. Low-value items are hit hardest in percentage terms because fixed costs represent a larger share.

Why Per-Unit Cost Matters for Marketplace Pricing

On platforms like Amazon, eBay, and Etsy, your pricing needs to cover:

  1. Landed cost per unit (your true cost)
  2. Platform fees (Amazon referral fee: 8-15%, FBA fulfilment: $2.50-6+ per unit)
  3. Advertising costs (PPC spend per unit sold)
  4. Returns and refunds (5-10% of sales)
  5. Your profit margin

If any of these layers is calculated on an incorrect cost base, your profitability analysis is wrong. Starting with an accurate per-unit landed cost is essential.

For the Bluetooth speakers at $14.58 landed cost, selling at $29.99 on Amazon:

  • Amazon referral fee (15%): $4.50
  • FBA fee: $4.25
  • PPC cost per unit: $1.80
  • Returns reserve (5%): $1.50
  • Profit per unit: $3.36 (11.2% margin)

If you had calculated on the $10.50 invoice cost, you'd have thought your profit was $7.44 per unit (24.8% margin) — more than double the reality.

Calculate Your True Cost Per Unit Automatically

Manually allocating costs across products and shipments is tedious and error-prone. The Import Calculator on LandedCost.co handles the allocation automatically, and the Cost Allocation feature lets you set allocation rules and apply them consistently across all your shipments.

Getting your per-unit cost right is the foundation of profitable importing. Every other decision — pricing, product selection, supplier negotiation — flows from this number. Take the time to calculate it properly.

Further reading: Make sure you understand the full picture with our landed cost calculation guide, and don't overlook the 12 hidden import costs that eat into your profit margins.

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