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Import duties and maritime transportation cost s account for the lion’s share in the logistics expenses of imported and domestic goods in the Philippines, which drive an increase in the prices of products in the country, according to a study by Bluefocus Infrastructure Advisors —a Spain-based logistics service provider.
Llorente said that customs clearance processes contribute to 35% to 60% of the total logistics cost, followed by maritime transportation —which includes shipping line freight rates and surcharges— at 20% to 40%.“Maritime transportation is costlier in the Philippines than in neighboring countries in Southeast Asia, with destination charges playing a larger role,” Llorente said. He added that inland logistics represent 10% to 25% of the total logistic costs due to trucking and warehousing charges.
Maritime Transportation Cost Logistics Expenses Customs Clearance Bluefocus Infrastructure Advisors
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