Jun 19, 2024 · Managing the complexities of international trade requires a solid understanding of Incoterms, which clarify the responsibilities and duties of buyers and sellers during cross-border transactions. This post compares two widely-used Incoterms: CIF (Cost, Insurance, and Freight) and EXW (Ex Works).

CIF (Cost, Insurance, and Freight) and EXW (Ex Works) are both international trade terms used in the sale of goods. CIF requires the seller to arrange and pay for transportation of the goods to the buyer's destination, as well as insurance coverage during transit.

Sep 24, 2018 · EXW is the most basic shipping intercom term that a supplier can provide. The seller makes the item available for pick up at the factory and is not responsible for the product once it leaves the factory doors.

Jun 13, 2024 · The terms EXW (Ex Works) and CIF (Cost, Insurance, and Freight) represent two vastly different sets of obligations, costs, and risks involved in the delivery of goods from seller to buyer. While EXW places minimum responsibility on the seller, CIF shifts much of the responsibility to them.

在外贸过程中，经常听到 FOB 、 EXW 、 CIF 、 CFR 之类的贸易术语。 不同贸易术语条件下，卖方所承担的费用和责任是不同的。 为了方便分组，我们暂且把这些贸易术语分为E组、F组、C组和D组几个不同的组别。 下面，我们就分别详细介绍一下，一定要认真去看下面的图，真正理解买卖双方的责任和义务哦： “E”组指卖方仅在自己的地点为买方备妥货物交付，出了工厂门就没有费用和安全责任了，当然产品品质责任还是工厂需要承担的。 通过图1我们详细了解EXW术 …

Compare CIF, FOB, DDP, and EXW to find the best Incoterm for your business. Learn about costs, risks, and responsibilities to make the right choice.

Jul 25, 2024 · In international freight, the three trade terms of EXW, FOB and CIF have their own characteristics and are suitable for different trade scenarios. EXW emphasizes the buyer's logistics capabilities, FOB is more balanced in responsibility and risk sharing, and CIF provides buyers with a more convenient solution.

Apr 16, 2019 · CIF is a common Incoterm used in both B2B and B2C transactions. It’s very similar to its sister Incoterm, CFR. Under the CIF Incoterm, the seller pays for all the costs to get the goods to the destination terminal.

Oct 8, 2024 · This article will focus on the three most common Incoterms for importers: EXW, FOB, and CIF. Related Reading: The Ultimate Guide to Importing from China . EXW (Ex Works: Place of Supplier)

EXW is use for movement of goods for all modes of transport; Sea, Air or Land. However, CIF is known as marine restricted modes of delivery and is used only for the movement of goods by Sea and Inland water transport.