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The ex-factory price is a price at which the seller agrees to sell goods from his factory, and the buyer agrees to pay all the shipment costs to make goods reach his point of delivery. Free on board (FOB) is used when the seller is liable to pay the costs to make the goods reach on board.
28 Ιουν 2024 · EXW stands for Ex Works, an Incoterm whereby the buyer of a shipped product pays for the goods when they are delivered to a specified location. FOB, or Free on Board, instead shifts the ...
29 Αυγ 2019 · Sometimes referred to as the “ex-factory” price, EXW basically means the cost of the product and nothing else! No shipping costs or export fees in China are included in this price, never mind the local port and customs fees or delivery to your door.
Ex-Factory Cost: The cost of the product at the factory, excluding any transportation or associated costs. FOB Cost: The Ex-Factory Cost plus the cost of loading the goods onto the transportation mode, with the buyer responsible for further transportation and associated expenses.
17 Δεκ 2022 · The ex-factory price is the price of a good or service as calculated by the seller or manufacturer and does not include any additional costs. The FOB value, on the other hand, can be simply calculated by adding the ex-factory price to the other costs associated with the shipment, such as shipping and handling.
21 Αυγ 2024 · Ex Works (EXW) is the Incoterms® 2020 rule used to describe the delivery of goods by the seller at their own place of business, generally in their factory, offices or warehouse.
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