How to calculate the exchange cost?

Calculation method of exchange cost: exchange cost = total export cost (RMB)/net export foreign exchange income (foreign currency), in which the net export foreign exchange income is FOB net income (net foreign exchange income after deducting labor expenses such as commission and transportation insurance).

In addition, there is a formula to calculate the exchange cost: exchange cost = taxable value *( 1+ statutory tax rate-export tax rebate rate)/FOB of purchased goods.

For example, exchange cost = taxable value of purchased goods * (1+17%-13%)/FOB export price.

The total cost of RMB includes: purchase cost, freight, insurance, bank charges, comprehensive funds, etc. , and the total RMB expenditure after the amount of export tax rebate (if the export goods are tax rebate subsidies). ?

The foreign exchange cost reflects the profit and loss of export commodities and is an important indicator to examine whether export enterprises have economic benefits. Its measure is: the exchange rate of RMB against the US dollar. If the exchange cost is higher than the exchange rate of RMB against the US dollar, the export of this commodity is a loss. Although foreign exchange is earned, export itself has no economic benefits. The higher the exchange cost, the greater the loss.

Extended data:

As an index to measure the profit and loss of foreign trade enterprises' export business, the foreign exchange cost reflects the domestic cost of RMB per 1 USD of goods exported by foreign trade enterprises. It can reflect the profit and loss of export business of foreign trade enterprises, and compare the exchange cost with the current US dollar exchange rate. If the exchange cost is higher than the US dollar exchange rate, it means that the export business of the ticket is losing money. If it is lower than the US dollar exchange rate, it means that the export business of this ticket is profitable.

If the US dollar exchange rate is 6.6 and the exchange cost is calculated as 7, it means that the export business cost of the ticket is 7 yuan, the export exchange is 1 US dollar, and 1 US dollar value is 6.6 yuan, that is, it costs 7 yuan to get back to 6.6 yuan, which is a loss;

If the US dollar exchange rate is 6.6 and the exchange cost is calculated in 5 yuan, it means that the export business cost of the ticket is 5 yuan, the export exchange is 1 US dollar, and the value is 6.6 yuan, that is, 5 yuan is converted into 6.6 yuan, which is profitable.

Baidu Encyclopedia-Exchange Cost