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for an envelope its usually between 90 and 120 USD to ship international. not sure if that's what you mean exactly by small parcel.

Check your rates if you're paying that much. I can ship envelopes via FedEx to Europe for $30-$45. Even less with DHL.

I'm guessing you use a corporate account and ship international regularly. those discounts can really rack up. try creating a shipment without the account, I doubt its lower than 80. source: I work at a fedex office and process international shipments every day.

I remember paying $120 for a letter from Panama to the US via Fedex almost 10 years ago. And Fedex has a decent presence in Panama. It's not cheap by any means in one-off scenarios.

Depending on your volume, you can negotiate better rates. (I work for a company that audits Fedex and helps customers get better rates)

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