Container Ship at the dockside
The ex Works shipment term is still commonly used by exporters from the UK; there are advantages and disadvantages for the seller. On one hand, he does not have the responsibility of sourcing a reliable carrier and paying the freight bills; on the other hand, he is obliged to use the carrier specified by the purchaser, which means he loses control of the transport of his goods. If the freight forwarder or shipping company is unreliable, does not arrive to collect on the appointed day, or damages or loses the goods on a regular basis, this can reflect badly on the seller and on his goods, even if the problem was not caused by him.
On ex Works consignments, the seller only has to make the goods available at his own premises – he has no responsibility for the transport.
Plant and flower exports from Holland to the UK have fallen by 2% to the end of September 2018; this may be because of the fall in the value of sterling. Holland's top ten export customer countries showed a decline ...Read More
Tags: exports, Netherlands, Poland
In 2018, 105 tons of saffron were exported from Iran, representing a 40 percent increase compared with last year. The chairman of the National Saffron Council of Iran said that saffron will be harvested until December. Exports are expected to ...Read More
Last week China reported that exports and imports for the month of October exceeded forecasts. China recorded a trade surplus of $31.78 billion with the U.S. in October. The country's cumulative trade surplus with the U.S. in the first 10 ...Read More
Tags: China, exports, imports
The Norwegian Seafood Council revealed that Nigeria imported more than 9,000 metric tonnes of stockfish from Norway in 2017, making it the largest importer of Norwegian stockfish. The trade relationship dates back to 1890; pelagic fish, herring, mackerel, Tusk and ...Read More
Tags: China, exports, imports, Norway