In export deals, which Incoterms you use matters as much as unit price. KSPE supports FOB export via Busan and Incheon.
FOB — Free On Board
Under FOB, the seller bears cost and risk until goods are loaded on the vessel at the named port. It is the most common term for ocean freight.
- Seller: inland haulage, export clearance, loading
- Buyer: ocean freight, insurance, destination charges
- Named ports: Busan, Incheon
Key point: After the goods pass the ship's rail, risk transfers to the buyer. Always specify the loading port in the contract.
CIF — Cost, Insurance and Freight
CIF includes ocean freight and insurance to the destination port. Buyers mainly handle import clearance and inland delivery.
- Seller: FOB costs plus freight and insurance
- Buyer: import clearance and last-mile delivery
- Compare quotes on a like-for-like basis
Device export checklist
For B2B smartphones and tablets, confirm MOQ, T/T payment, and shipping documents (Invoice, Packing List, CO). Register as a partner to view wholesale pricing and stock.