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Customs duties and maritime transportation are the biggest contributors to expensive logistics costs for both imported and locally-produced goods in the Philippines, according to a study by an international advisory services company.
The study showed that fees for Customs clearance processes contribute to 35 percent to 60 percent of the total cost, followed by maritime transportation, which includes shipping line freight rates and surcharges at 20 percent to 40 percent. Meanwhile, inland logistics represent 10 percent to 25 percent of the total logistic costs due to trucking and warehousing charges. Port and terminal charges at destination contribute only 5 percent to 10 percent, mostly due to terminal handling rates.
The same trend is seen in domestic logistics with maritime transportation and inland logistics costs at 45 percent to 50 percent, and port and terminal charges at only 6 percent to 8 percent.
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