Incoterms 2020 Explained: EXW vs FOB vs CIF vs DDP | Who Pays Who Takes Risk? #ikargos #simplified | iKargos
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🚢 Confused about FOB, CIF & EXW? Let’s simplify! FOB (Free on Board): Seller delivers goods to the port & loads them on the ship – Buyer pays freight & insurance. CIF (Cost, Insurance & Freight): Seller covers shipping insurance till your port – you handle customs. EXW (Ex-Works): Buyer takes goods directly from seller’s place – you handle everything from there! 💡 Master these terms = smoother international deals ✅ 📦 Which one do YOU use most? Comment below! #FOB #CIF #EXW #ShippingTerms #Exp
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