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What are the common terms of international freight transactions?

  1.FOB on board。Under normal circumstances, foreign customers have designated a freight forwarder, only the shipper to arrange the trailer and customs clearance at the port of transport。There is also EXW's ex-factory price, which is shipped directly at the factory, or delivered to the door at the location specified by the customer, arranged by the customer, and delivered by the factory。

  2.CIF fee plus insurance。In general, door-to-port (including port of departure trailer + customs clearance + sea freight) usually does not include insurance。If the customer wants to buy insurance, it can be calculated according to the insured value。CIP can also be called CIP, but CIF is usually only used for shipping。CIP is suitable for many modes of transport, including multimodal transport, such as aviation。

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  3.DDU double clear delivery duty unpaid /DDP is double clear delivery duty paid (including tax) the general understanding is door to door。As the saying goes, double clearance one-stop including port of departure trailer + customs clearance + shipping + port of destination customs clearance。Whether to deliver or not mainly depends on the customer's request。Please note that the DDP must provide the value of the goods because the tax should be based on the value of the goods。

  Therefore, in the inquiry of the goods, it is best to explain FOB/CIF/DDU/DDP and so on。If FOB, you need to provide: goods name/container type/quantity/weight/loading address/port of departure/payment documents。Can be bulk goods, no need to provide cabinet type, just provide quantity: multiple。


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