What Is The Difference Between Exw Fob And Cif - China
price: 1200.00 Dollar US$
What is EXW?
EXW (Ex Works), or "Ex Works", is the simplest trade term.
Under the EXW terms, the seller delivers the goods to the buyer at its premises (such as factories, warehouses, etc.
).
This means that the seller's responsibility ends before the goods are loaded on the means of transport.
What is FOB?
FOB (Free on Board), which means "Free on Board at the Port of Shipment", is a more common trade term.
Under the FOB terms, the seller transfers the responsibility and risk to the buyer after loading the goods on board the ship at the designated port of shipment.
What is CIF?
CIF (Cost, Insurance and Freight), which means "Cost, Insurance and Freight", is a trade term widely used in sea transportation.
Under CIF terms, the seller needs to pay the cost and insurance of transporting the goods to the destination port, but the risk is transferred to the buyer after the goods are loaded on board.
Company Name: HINDA Internation Logistics (Guangzhou) Co., Ltd
Address: Room 4059, 4th floor, Changxingli Cultural Industry Creative Park, 68 Changxing Road, Tianhe District, Guangzhou Contact: Denny
Telphone: +86 13533420644, Fax: +86-20-83514840
Company Contact:
- Phone: 18937639836
- Address: Room 4059, 4th floor, Changxingli Cultural Industry Creative Park, 68 Changxing Road, Tianhe Distric, guangzhou , guangdong , China
- Email:
- Website: https://www.hindacargo.com/
Published date: August 3, 2024
- Business Description: HINDA Internation Logistics (GUANGZHOU) CO., LTD has always adhered to the "responsibility, integrity, innovation, harmony" corporate culture, serving 50 European and American countries and regions in the Middle East, the main port cities and overseas institutions, Europe and the Middle East to provide customers with a perfect one-stop logistics service.
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