Incoterms

When sourcing from China, two incoterms come up more than any others: FOB and CIF. Both are widely used, but the choice between them has a meaningful impact on your costs, control, and risk exposure. Here is what each actually means — and which one makes more sense depending on your situation. What FOB Means Under FOB (Free On Board), the seller is responsible for delivering the goods to the port of departure and loading them onto the vessel. From that moment on, all costs an