There are many international trade terms, they are EXW, FOB, CIF CFR in common use, in addition to FCA, DDU, DDP.
EXW (EX works): Factory delivery (given location ). It means that the seller delivers the goods from the factory (or warehouse) to the buyer. Unless otherwise specified, the seller is not responsible for loading the goods on the truck or ship arranged by the buyer, and does not go through the export declaration procedures. The buyer shall bear all costs and risks from the delivery from the seller’s factory to the final destination.
FOB (Free On Board): Delivery on board (given loading port). This term stipulates that the seller must deliver the goods to the ship designated by the buyer at the designated port of shipment within the period of shipment stipulated in the contract, and bear everything until the goods pass the ship’s rail Costs and risks of loss or damage to the goods.
CIF (Cost, Insurance and Freight): Cost, insurance and freight (given destination port) means that the seller must deliver the goods to the ship destined for the designated port of destination within the shipping period stipulated in the contract, before the burden of the goods crosses the ship’s rail All costs and risks of loss or damage to the goods up to the present shall apply for freight insurance, pay insurance premiums, and be responsible for chartering and booking space and paying the normal freight from the port of shipment to the port of destination.
CFR (cost and freight formerly called C&F '90 General Rules' changed to CFR): cost plus freight, the seller is responsible for handling the transportation of goods and paying the freight to the designated port of destination, and the shipment shall be shipped within the shipping port specified in the contract and within the specified shipping period , Notify the buyer, submit relevant documents and be responsible for completing the delivery obligation after customs clearance, and not responsible for insurance.