Choosing reliable suppliers is key to successful foreign trade sourcing. Evaluate factory qualifications, capacity & lead time, quality control systems, sample confirmation, payment terms and past customer reviews, prioritizing factories with on-site audit records.

FOB (Free on Board), CIF (Cost, Insurance & Freight) and EXW (Ex Works) are the three most commonly used trade terms in international trade, defining the responsibilities of buyers and sellers regarding delivery, freight, insurance and risk transfer.