FOB or CIF: Which one is better for importers?

Incoterms 2010 defines 11 delivery terms, 4 of which designed to be used in only sea shipments, whereas 7 of which could be used with any mode of transport.

The most frequently used two Incoterms, FOB and CIF, are restricted to be used in sea shipment only. They are so popular that, their usage most probably surpass remaining 9 Incoterms' usage.

But, the main question remains: Which one is better when importing goods into one country? FOB or CIF.

On this article, I will try to explain whether FOB or CIF is a better option for importers.

Top 20 Wine Importing Countries

Wine is one of the most internationally traded alcoholic beverage in the world. Countries around the globe imported wines in 35,4 billion USD value in year 2014. 

Wine was considered to be an holy drink even by ancient people. For example, the Greeks worshiped Dionysus, who was the God of the Wine. Consumption of ritual wine was part of Jewish practice and, became even more essential to the Christian Church.

Only Islam, within divine religions, prohibits both production and consumption of wines, that contain alcohol.

Today, I want to show you the top 20 wine importing countries around the world. Statistics are gathered from TradeMAP website, which uses UN COMTRADE datas.

Top 20 Wine Importing Countries as of 2014.

Wine Importers in United Kingdom | UK's Top Wine Distributors 2015

United Kingdom is the 2nd biggest wine importer country in the world, just after United States.

In 2014, importers located in UK imported 1,454,681 Tons of wine. Total amount of money, the UK's wine importers had to paid in 2014, was 5,4 billion USD.

The top wine import origins of the United Kingdom are France, Italy, Australia, Spain, New Zealand, Chile, Germany, US, South Africa, Portugal and Argentina.

On this page, you can find some of the biggest wine importers in United Kingdom. If you are in wine export business, you may also consider checking my previous articles, titled with Wine Importers in China and Wine Importers in US, respectively.

Graphic Attribution: Label vector designed by Freepik

Top Freight Forwarders in Spain

You can find reliable, top performing freight forwarders located in Spain on this page.

Most of the companies on this list can perform LCL and FCL ocean cargo transportation, air cargo transportation, road cargo transportation and project cargo transportation.

What kind of logistics companies you can find on this page?

I have added only Fiata member freight forwarders, which are located in Spain on my directory.

Fiata is the international regulating body of freight forwarders so their members are considered to be the most reliable top performing freight agents around the world.

How is the listing prepared?

The list is prepared manually by myself.

I have tried to check all the web addresses, phone numbers, fax numbers and e-mail addresses of the companies one-by one.

Once you click the links placed at the title section, you will be directed to that specific freight forwarder's corporate website.

Charter Party and Shipping Abbreviations and Terms

On this page you can find a very detailed, hand-made list of chartering abbreviations and shipping terms, as well as their meanings and definitions in an alphabetical order.

I have tried to add almost all important shipping terms and abbreviations that are frequently used in charter party contracts.

All abbreviations on this page are fully expanded.

If available, shipping terms are also explained in a new page.

In order to reach corresponding explanation of the shipping terms, you have to click the heading part of each shipping term.