What Shipping Incoterms Are and Why They Matter (FOB, EXW, CIF)
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Confused about Incoterms in International Trade? If you’re into import-export business, you’ve surely come across terms like FOB, CIF, EXW, DDP… but what do they actually mean? Incoterms (International Commercial Terms) are the rules that define buyer and seller responsibilities in global trade. Whether you’re exporting from India to UAE, importing goods into Canada, or managing cross-border logistics, knowing these terms can save you from costly mistakes, hidden charges, and shipping disputes.
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Confused about Incoterms in International Trade? If you’re into import-export business, you’ve surely come across terms like FOB, CIF, EXW, DDP… but what do they actually mean? Incoterms (International Commercial Terms) are the rules that define buyer and seller responsibilities in global trade. Whether you’re exporting from India to UAE, importing goods into Canada, or managing cross-border logistics, knowing these terms can save you from costly mistakes, hidden charges, and shipping disputes.
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