FAQ

  • Origin refers to the region/country where the product is produced.
  • Loading country is the region/country from which the product is shipped. Please refer to the loading country information for adjustments to shipping conditions and Incoterms.
  • HS Code is a standardized numerical method of classifying traded products. In trade transactions, you can distinguish between different products using the HS Code. It can also be useful when assessing duties and taxes for trade transactions.
  • MOQ(Minimum Order Quantity) is the minimum quantity that you have to purchase to place an order.
  • Incoterms, officially known as international commercial terms, are standardized terms that prevent confusion in trade and clarify the obligations of buyers and supplier's transactions. Examples of Incoterms for modes of transportation include Delivered at Terminal (DAT), Delivered Duty Paid (DDP), and Ex Works (EXW).
  • [EXW - Ex works] Ex works is when the supplier places the goods at the disposal of the buyer at the supplier’s premises or at another named place (i.e., works, factory, warehouse, etc.). The supplier does not need to load the goods on any collecting vehicle. Nor does it need to clear them for export, where such clearance is applicable.
  • [FCA - Free Carrier] The supplier delivers the goods to the carrier or another person nominated by the buyer at the supplier’s premises or another named place. The parties are well advised to specify as explicitly as possible the point within the named place of delivery, as the risk passes to the buyer at that point.
  • [FAS - Free Alongside Ship] The supplier delivers when the goods are placed alongside the vessel (e.g., on a quay or a barge) nominated by the buyer at the named port of shipment. The risk of loss of or damage to the goods passes when the products are alongside the ship. The buyer bears all costs from that moment onwards.
  • [FOB - Free On Board] The supplier delivers the goods on board the vessel nominated by the buyer at the named port of shipment or procures the goods already so delivered. The risk of loss of or damage to the goods passes when the products are on board the vessel. The buyer bears all costs from that moment onwards.
  • [CFR - Cost and Freight] The supplier delivers the goods on board the vessel or procures the goods already so delivered. The risk of loss of or damage to the goods passes when the products are on board the vessel. The supplier must contract for and pay the costs and freight necessary to bring the goods to the named port of destination.