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What Is Ex Works (EXW) and How Does It Impact Your Business?

International trade is fraught with complex logistics, customs procedures, and regulatory requirements. If business owners are not well-versed in these processes—particularly in understanding International Commercial Terms (Incoterms)—they may face significant financial losses.

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What is Free on Board (FOB) in Shipping?

Navigating the complexities of international trade requires a firm grasp of key shipping terms, and Free on Board (FOB) is one of the most important among them. Whether you’re purchasing goods from across the globe for the first time or you’re an experienced buyer looking to fine-tune your operations, understanding FOB is crucial.

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