Costs to Import One Pallet (or More) from Australia to NZ
Are you a regular importer or just a start up? Watch this to avoid mistakes.
YOU’LL LEARN:
- What are the costs to import 1 pallet of standard goods from Australia to NZ
- The main components of these costs
- How you can calculate the cost of importing more than 1 pallet
- How your customs broker can help you save money
- Why a local freight forwarding company is better
TABLE OF CONTENTS:
01:43 – #1. Freight
02:00 – #2. NZ port fees
02:17 – #3. Extras
04:28 – Bonus tips #1. Costs to import 1+ pallet
05:53 – Bonus tips #2. Choose your customs broker and freight forwarder carefully
ADDITIONAL INFO:
GST - www.gst.co.nz...
TRANSCRIPTION:
Max: Today we are talking about the cost to import one pallet from Australia to New Zealand. We’re going to discuss how you can import one or more pallets of general goods.
Let’s discuss what a standard pallet is. It’s anything that doesn’t require special care: your appliances, furniture, clothing. Also important to specify that one pallet has a standard size – 1m wide, 1m deep and 1m high, which is 1 cubic meter, up to 300 kilos.
If you want to import from any major port in Australia – whether it’s Sidney, Melbourne or Brisbane – to major ports in New Zealand - Oakland, Christchurch and Tauranga – you can use these rates; they are applicable in all situations.
#1. FREIGHT
Max: First and one of the most critical cost would be your ocean freight. If you want to move the goods from major ports in Australia to a major port in New Zealand, for 1 cubic meter, you’re going to pay roughly 50 USD for your ocean freight.
#2. NZ PORT FEES
Max: Then upon arrival, you have to move the container from the port to a local warehouse to unload it and make it available for you to pick it up. These are “New Zealand port fees”; I would allow roughly a hundred NZD per 1 cubic meter.
#3. EXTRAS
Max: Then, you’ve got extra fees: documentation fees, customs brokerage fees. I would allow 250 NZD for these extra fees.
If you convert everything – from USD to NZD – and add everything up, the cost of importing a 1 cubic meter pallet from a major port in Australia to New Zealand will be 420 NZD.
As you can see, it’s not that expensive to import, and these are your mandatory costs. I’ll explain later what are the extra fees, and how you can minimize them.
You’ve got 420 NZD, that’s your minimum to import one pallet of standard goods that don’t require special care.
On top of that, you want to think about cargo insurance. Cargo insurance is roughly 1% of the insured amount.
Say, if it’s costly machinery and it’s 200 000 NZD, then that would be 200 NZD just for the insurance, that’s on top of 420 NZD. That’s a minimum level. If it’s, say, 5 000 NZD, expect to pay 200 NZD for the insurance.
You have to decide whether it’s worth the risk. We advise all our clients to have cargo insurance; it’s paramount, especially if that’s your first import to New Zealand, you don’t want to risk.
Another extra fee that you want to think about is the tracking – once the cargo arrives in New Zealand, you have to consider how you’re going to transfer the goods from this local warehouse to your warehouse or your house.
A freight forwarder can help you with that: they can hire the truck, arrange the delivery. I would allow 100 NZD for 1 cubic meter, that’s minimum on top. If you have bad access, you may need to hire a crane; they charge 200 NZD an hour.
You have to be careful about that; if you order the truck, make sure that it will fit your driveway. You can send the photos to your truck driver and get written information, that there’s going to be easy access.
BONUS TIPS #1. COSTS TO IMPORT 1+ PALLET
Max: If you want to import more than one pallet – say, three pallets of the same size, 3 cubic meters up to 1 ton – you don’t multiply 420 NZD by 3; this can be too expensive, you might as well send the whole container. If you send three pallets, you only multiply these two on the top, and the rest will be fixed.
The more you send, the cheaper it is. Always negotiate; you can easily knock down 10%. If you send 10-12 shipments a year, you can get even better discounts – 15% easy.
...
If you would like to learn other tips then read here: easyfreight.co.nz...
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