FOB, CIF, CFR means the difference between trade

01, ex-factory price (EXW = Ex Works):
Delivery: exporter factory or warehouse;
Transportation: The buyer is responsible;
Insurance: The buyer is responsible;
Export procedures: the buyer is responsible;
Import procedures: the buyer is responsible;
Risk transfer: delivery;
Transfer of ownership: With the sale of transfer;

02, FOB (FOB = Free on Borad):
Place of delivery: the port of shipment;
Transportation: The buyer is responsible;
Insurance: The buyer is responsible;
Export procedures: the seller is responsible;
Import procedures: the buyer is responsible;
Risk transfer: loading port side of the ship;
Transfer of ownership: single shift with pay;

03, CIF (cost + shipping + insurance, CIF = Cost + Insurance + Freight):
Place of delivery: the port of shipment;
Transportation: The seller is responsible;
Insurance: The seller is responsible;
Export procedures: the seller is responsible;
Import procedures: the seller is responsible;
Risk transfer: loading port side of the ship;
Transfer of ownership: single shift with pay;

04, Cost and Freight (CFR = Cost + Freight):
Place of delivery: the port of shipment;
Transportation: The seller is responsible;
Insurance: The buyer is responsible;
Export procedures: the seller is responsible;
Import procedures: the buyer is responsible;
Risk transfer: loading port side of the ship;
Transfer of ownership: single shift with pay;