What does "FOB" mean in export?

In Export FOB means the seller must assume the cost of bringing the goods to the carrier/shipper. These are important on quoting your products to the importer.

FOB - Free on board, exporter assumes all the costs until the goods are loaded in the agreed maner of transport air/sea/land.

CIF - Cost insurance Freight Exporter assumes everything up to the importing country.

Ex Works - Ex Factory, Importer assumes everything from the warehouse of the Exporter.

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