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How to calculate this into your overall costs involving FOB?

FOB as explained before covers the cost of your product either until your shipment is loaded or until it has arrived at your destination port. If it is FOB destination port, then the purchaser has to pay for: Shipping Fee. Customs fee at the destination port. Duty on the product if it requires any (Your will have to research this or shipping agent should be able to classify the product. Once released, delivery to the final destination as...

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What is FOB?

As a general term, FOB means ‘Freight On Board’ or ‘Free On Board’ as it is more generally used in international shipping. This means that the seller will pay for the goods to be loaded onto the vehicle of transport. The term FOB can be used to clarify which part of the shipment is being paid for by the supplier and which part is to be paid for by the purchaser. For instance FOB, (port of loading) indicates that the seller will pay...

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