The commercial value of the cargo that becomes the basis of calculating the amount of tax such as customs duty or consumption tax. Under the WTO Customs Valuation Agreement, each member country establishes the standards in CIF or FOB. Japan, EU, China, South Korea, India, ASEAN, etc. use the CIF value as a standard, and the U.S., Australia, Canada, New Zealand, etc. use the FOB value as a standard.

Filling goods in an empty cargo container.

The place for storing empty containers in ports.