Topic
7 articles
A practical walk-through of an import order from Bangladesh, from the first specification to the documents your customs broker needs, with the checks that prevent expensive surprises.
FOB, CIF, EXW and DAP decide who books freight, who clears customs and where the risk passes. Here is how each one works on an order from Bangladesh, and how to compare quotes that use different terms.
The unit price on a quotation is only the start. This guide lists every cost between a Bangladeshi supplier's price and your warehouse, shows where to look up duty, and works through an example.
A field-by-field guide to writing a request for quotation that suppliers can price accurately, including how public and private RFQs work on Exportain.
FOB is an Incoterms® 2020 rule for sea shipments. The seller's job ends when the goods are on board the vessel at the named port; freight, insurance and import costs are the buyer's.
Under CIF the seller pays freight and minimum insurance to the destination port, yet the risk moves to the buyer at loading in the port of shipment. Here is what that means on an order from Bangladesh.
EXW puts the least on the seller and the most on the buyer. On an order from Bangladesh, that includes export clearance, which a buyer based abroad has to arrange through someone on the ground.
