Understanding Incoterms for Wreath Import

Incoterms (International Commercial Terms) define the responsibilities of buyers and sellers in international trade. Understanding them is crucial for accurate cost calculation.\n\n## FOB (Free On Board)\n\nThe seller delivers goods loaded on board the vessel. The buyer handles freight, insurance, and all costs thereafter.\n\n## EXW (Ex Works)\n\nThe buyer is responsible for all transportation costs from the seller's premises.\n\n## DDP (Delivered Duty Paid)\n\nThe seller handles all costs including duties and taxes up to the delivery destination.\n\n## Recommendations\n\nFor first-time importers, FOB is often the safest choice as it gives you control over freight and insurance.