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Celyx Prime Global
Logistics · 30 May 2026 · 6 min read

Incoterms 2020: EXW, FOB, CIF Explained Simply

Which Incoterm fits you? We explain cost and responsibility boundaries in plain language.

Incoterms define where cost and risk pass between buyer and seller. The most used are EXW, FOB, CFR, CIF and DAP/DDP.

Under EXW the buyer takes on almost all responsibility; under DDP the seller delivers to the door. The right choice depends on your budget and logistics capability.

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