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What is EXW? How it’s different from FOB?

EXW

Q: Can anybody explain EXW to me? What does that mean? How its different from FOB?

A: FOB is better than EXW as normally your nominated forwarder will charge very high in terms of EXW local costs and customs. So it is better to have both quotes from shipper i.e. FOB and EXW than also get the shipping costs from your forwarder for both i.e. FOB and EXW. Now if you compare both you will see that which one is better for you. However according my experience FOB is better.

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Question answered by Sharline.

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About the author

Sharline is the founder of LeelineSourcing.com. With 10 years of experience sourcing in China, She loves to share knowledge and ideas in sourcing bussiness.She writes only the truths which others are normally not willing to tell. This makes her posts distinguishable from other import & export articles.

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