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14.59.        Transport insurance  The amount of transport insurance is also estimated using this procedure, although no further details are supplied regarding the methodological particularities of insurance companies (service fee included in the insurance premium, etc.). Unlike transport costs, the insurance costs are calculated as a share of the import value. That share is in line with the premium rates set by transport insurance brokers for transportation to and from various regions. The rates were calculated in tandem with the determination of the transport costs by surveying several international transport insurance companies. The reported country structure for transport insurance is used for the regional breakdown of those costs.

 

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[1] For mineral oil imports, Italy (Trieste) is assumed to be the unloading port for the Middle East countries.