Tag - FOB

How Well do You Know Ex Works(EXW) and Free On Board(FOB)?

How Well do You Know Ex Works(EXW) and Free On Board(FOB)? For many new importers or even the veterans, incoterms can be overwhelming and confusing, as there are many things to realize: How does it work, who can I trust, what are the incoterms, and which is the appropriate option for me? With this article we aim to introduce you to the most common incoterms, FOB and EXW, which are essential to be familiar with when you are importing from overseas. Knowing the incoterms [...]