What's in your landed price
Every product page shows one price — the full landed cost. That single number is the only thing you pay. It includes:
- Supplier cost — what we pay the supplier in China in CNY, converted at the FX rate locked at order time.
- Container shipping share — your per-m³ share of the sea freight rate from China to Apapa.
- Customs duty — calculated per HS code from current NCS duty bands.
- Clearing & port handling — per-kg + flat clearing handled by our NAGAFF-affiliated broker.
- KRATED margin — our cut. Disclosed on every order, never hidden.
How shipping is allocated
The container has a known shipping cost from Guangzhou/Shenzhen/Shanghai to Apapa. We divide it by the container's usable volume and allocate per item based on how much space it actually takes. A 0.012 m³ knife block costs much less to ship than a 0.061 m³ cookware set — and your bill reflects that.
Customs duty bands
Each catalog item is tagged with an HS code and a duty band. Bands we actively use:
| Band | Rate | Example categories |
|---|---|---|
| Band 10 | 10% | Tableware, fabric storage, textiles |
| Band 15 | 15% | Cookware, knives, kitchen tools |
| Band 20 | 20% | Electrical appliances |
FX locking + the 4% buffer
The CNY → NGN rate locks the moment you check out. Whatever the naira does between your order and our supplier payment, your bill doesn't change. To make that promise honest, we include a 4% disclosed buffer in the FX line. If naira holds or strengthens, we keep the buffer in v1; if naira falls hard, the buffer absorbs the shock so you pay nothing extra.
Our margin (and why we show it)
Standard categories carry a 12–18% margin. Lower-velocity or higher-risk items can carry 18–25%. The exact figure shows up on every order page as a discrete line item.
Worked example — 12-piece silicone utensil set
- Supplier costWhat we pay the supplier in China₦8,500
- Container shipping sharePer-m³ share of sea freight₦1,800
- Customs dutyPer HS code band — 15% in this example₦1,545
- Clearing & port handlingPer-kg + flat clearing₦420
- KRATED marginDisclosed — never hidden₦2,200