Cryptocurrency Q&A
Which is better, FOB or EXW?
Which is better, FOB or EXW?
Daniele
Sun Nov 03 2024
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5 answers
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I'm trying to decide between two options for a business transaction: FOB and EXW. I want to know which one is generally considered better. Can someone help me understand the pros and cons of each so I can make an informed decision?
5 answers
InfinityEcho
Tue Nov 05 2024
Risk Tolerance in International Trade varies depending on the terms agreed upon between the buyer and the seller.
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Daniela
Mon Nov 04 2024
FOB, which stands for Free on Board, is a common shipping term where the seller bears the risk and cost of the goods until they are loaded onto the vessel.
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Martino
Mon Nov 04 2024
This means that the seller is responsible for the goods until they are shipped out, which can be a significant burden in terms of risk management.
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ZenBalanced
Mon Nov 04 2024
On the other hand, EXW, or Ex Works, is a shipping term where the buyer bears all the risks and costs associated with the goods from the moment they are made available at the seller's premises.
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Daniele
Mon Nov 04 2024
If a buyer prefers to have more control over the shipping process and is willing to take on more risk, EXW might be a more suitable option.
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