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EXW Meaning And Price in Shipping | How to Use It?
Shipping terms define what the seller and buyer should do, and who should pay for the costs and bear the risks in the process of cargo transportation. Among these terms, EXW is a common one. If you are considering using EXW shipping term, this article will help you better understand it from the following aspects:
11 Shipping Incoterms | Meaning, Examples And Chart
In international trade, when you negotiate and communicate with your seller, you will definitely use trade terms, such as EXW, FOB, CIF, etc. You may be overwhelmed by these 3-letter incoterms. Because you don’t know what they mean in shipping, what you and the seller are responsible for, and which one you should choose from among so many incoterms.
FOB Shipping from China | How to Use It?
According to statistics, about 70% of China’s exports are traded under FOB terms, and there is a further upward trend. FOB is one of the most widely used trading terms in China’s international transactions. To import from China, FOB is the term you must clearly understand. And this article will be a complete guide for you to know it.
