FOB Pricing for Ethiopia Explained

FOB (Free on Board) Ethiopia means the seller's responsibility ends and the buyer's begins once goods are loaded onto the ship at an Ethiopian port.

Key Terms

• Seller delivers goods to the Ethiopian port and loads them.
• Seller provides a clean bill of lading (proof of loading in good condition).
• Seller bears risk/loss until loading is complete.
• Buyer assumes all costs/risks from loading onward: ocean freight, insurance, customs duties, inland transport.

FOB is common in international trade because it cleanly divides obligations and reduces disputes.