{"id":180,"date":"2023-07-17T08:18:10","date_gmt":"2023-07-17T08:18:10","guid":{"rendered":"https:\/\/china-docshipper.uiart.io\/en\/2024\/12\/26\/what-do-exw-fob-cif-mean-in-alibaba\/"},"modified":"2025-02-16T04:07:32","modified_gmt":"2025-02-16T04:07:32","slug":"exw-fob-cif-alibaba","status":"publish","type":"post","link":"https:\/\/china.docshipper.com\/en\/logistics\/exw-fob-cif-alibaba\/","title":{"rendered":"What do EXW, FOB & CIF mean in Alibaba?"},"content":{"rendered":"\t\t
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If you’re new to the world of international trade, the terms EXW, FOB, and CIF might seem a bit confusing.<\/p>

These acronyms stand for several trade terms that specify the obligations of buyers and sellers in cross-border transactions.<\/p>

It’s important to understand what these terms mean if you’re planning to buy from a supplier on Alibaba.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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What is an incoterm?\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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The parameters of a deal between a buyer and a seller are identified by a three-letter code called an incoterm. It details who bears the cost and risk of shipping goods and the point at which responsibility is shifted.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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\"Incoterms<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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What is EXW (Ex Works)?\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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EXW<\/b>, or <\/span>Ex Works<\/b>, is a trade term that places <\/span>the most responsibility<\/b> on <\/span>the buyer<\/b>.<\/span><\/p>

Under <\/span>EXW, the seller<\/b> is only required to make the goods available at their premises.<\/span> All costs and risks<\/b> related to transporting the items from the seller’s facilities to the ultimate location are <\/span>the buyer’s responsibility.<\/b><\/p>

This means that <\/span>the buyer<\/b> is responsible for making arrangements for the products to be picked up from <\/span>the seller<\/b>‘s location as well as for handling any paperwork and <\/span>customs clearance<\/b><\/a> procedures.<\/span><\/p>

EXW<\/b> is a common trade word on <\/span>Alibaba<\/b> and is frequently used for items that are large, heavy, or challenging to transport.<\/span><\/p>

Make sure to account for all <\/span>additional fees and obligations<\/b> related to transporting <\/span>the products<\/b> to their final destination if you are purchasing goods on <\/span>Alibaba<\/b><\/a> under <\/span>EXW conditions<\/b>.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Example of how EXW works on Alibaba\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Consider yourself a <\/span>buyer<\/b> trying to buy a lot of t-shirts from a <\/span>manufacturer on Alibaba<\/b>.<\/span><\/p>\n

The supplier posts the t-shirts for sale on <\/span>Alibaba<\/b> and offers EXW conditions.<\/span><\/p>\n

You agree to purchase the t-shirts under these terms, and the <\/span>supplier<\/b> provides you with the address of their warehouse where the t-shirts will be made available for pick-up.<\/span><\/p>\n

A freight forwarder is then hired to pick up the t-shirts from the supplier’s warehouse and deliver them to your location.<\/span><\/p>\n

As the buyer, the expenses and dangers of transporting the items from the supplier’s warehouse to your location, including the documentation and procedures for <\/span>customs clearance<\/span>, are all your responsibility.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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How do you set up an Ex Works shipment on Alibaba?\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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To arrange an <\/span>EXW<\/b> shipment on <\/span>Alibaba<\/b>, start by contacting us an international shipping agent like DocShipper and providing details about your <\/span>shipment<\/b>, including the seller’s location and goods description. <\/span><\/p>\n

Request a quote from <\/span>DocShipper<\/b><\/a>, covering transportation, documentation, and customs clearance. Once you agree to the quote, finalize the arrangements with DocShipper.<\/span><\/p>\n

We will then coordinate with the seller to arrange pickup and <\/span>handle all the steps of the logistics<\/b> process, including transportation and <\/span>customs procedures<\/b>.<\/span><\/p>\n

Throughout the process, DocShipper will provide updates and tracking information for your <\/span>shipment<\/b>.<\/span><\/p>\n

By partnering with u<\/span>s<\/b>, you can rely on our expertise and professional services to ensure a smooth <\/span>EXW<\/b> shipment on <\/span>Alibaba<\/b>.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Is Ex Works recommended when importing from China?\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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When is it recommended?\n<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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