FOB vs EXW: Which Incoterm to Use
EXW leaves export and loading to the buyer; FOB adds seller export clearance and loading on board at the port.
Read →Trade31
Trade31
Understand Incoterms delivery terms, cost and risk transfer, and how to choose the right rule for your shipment.
EXW leaves export and loading to the buyer; FOB adds seller export clearance and loading on board at the port.
Read →CFR seller pays freight only; CIF seller pays freight plus minimum insurance to destination port.
Read →FOB price equals product cost plus all seller-side charges up to loading on board at the named port.
Read →CIF price equals FOB plus main carriage freight plus seller-arranged marine insurance to the named destination port; CFR adds freight only.
Read →EXW leaves export and loading to the buyer; FOB adds seller export clearance and loading on board at the port.
Read →CFR seller pays freight only; CIF seller pays freight plus minimum insurance to destination port.
Read →FOB price equals product cost plus all seller-side charges up to loading on board at the named port.
Read →CIF price equals FOB plus main carriage freight plus seller-arranged marine insurance to the named destination port; CFR adds freight only.
Read →Quick definitions for the 11 rules and supporting vocabulary used in contracts and emails.
Read →Practical guide to Incoterms FAQ for Beginners with compliance checklist and common mistakes for import/export managers.
Read →FOB (Free on Board) under Incoterms® 2020: seller delivers when goods are on board the vessel at the named port. Risk and onward freight…
Read →CIF means the seller pays cost, minimum insurance, and freight to the named destination port — but risk still transfers on board at…
Read →First shipments should prioritize clarity over cleverness: FOB/FCA for experienced buyers who control freight; CIF/CIP when the seller…
Read →EXW (Ex Works) means the seller makes goods available at their premises; the buyer handles export clearance, pickup, and main carriage.…
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