What Are Incoterms? A Simple Guide for Importers & Exporters
If you’ve ever shipped goods internationally, you’ve probably come across terms like FOB, CIF or EXW. These are called Incoterms (International Commercial Terms). Think of them as the “rules” that explain who is responsible for what during a shipment from transportation and insurance to customs and delivery. Choosing the right Incoterm helps buyers and sellers avoid confusion, unexpected costs […]
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