Incoterms 2020 Explained for E-commerce Importers (EXW to DDP)

Incoterms explained for e-commerce importers: compare EXW, FOB, CIF and DDP, see who pays what, and pick the term that protects your margin on China imports.

If you import from China and a supplier quote ever surprised you with €900 of "extra" charges at the port, you were burned by an Incoterm you didn't fully understand.