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Trading·25 July 2026·PGS Admin

Understanding Incoterms before you compare quotations

EXW, FOB, CIF, DDP — a short, practical primer for first-time importers.

Understanding Incoterms before you compare quotations

Incoterms define who is responsible for cost and risk at each stage of an international shipment.

EXW places most responsibility on the buyer, while DDP places most on the seller.

Understanding the term used in a quotation lets you compare offers fairly, because the price includes different things.

If you are unsure which term suits your situation, we can help you evaluate the options as part of coordination.

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