In this in-depth guide, we will be diving into the complexities and nuances you, as an SMB, face when importing from China.Read More
Find easy-to-understand explanations of the most common freight forwarding and shipment terms
A FOB (Free on Board) Incoterm requires the seller to deliver the goods loaded onto the vessel at the departure port and clear goods for export. The seller is also responsible for ensuring the goods are adequately packed and loaded. At this point, risks and costs are transferred to the buyer.
The buyer is responsible for transportation costs, unloading, customs clearance, and other necessary paperwork.