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you only need to understand these 5,EXW,FOB,CIF,DDU,and DDP.
2022-08-18
you only need to understand these 5,EXW,FOB,CIF,DDU,and DDP.
EXW means you need to find someone to pick up cargo at suppliers' warehouse.the product price quoted in EXW term,is just product cost and supplier do not offer any shipping and exporting service.
FOB is short for Free On Board,supplier pays all the cost to delivery products to a seaport or airport in China,and also pays the exporting cost.you only need to find own freight forwarders to pick up cargo at the port.
The CIF term means
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