What does FOB (Free On Board) mean?
An Incoterm where the seller delivers goods on board the vessel at the origin port. The buyer owns the goods from that point and pays for ocean freight, insurance and everything after loading. The seller pays for inland delivery to the port, export clearance and loading.
Example: A supplier quotes "FOB Shenzhen $2.50/unit" — freight from the factory to the Shenzhen port and loading are included, but you pay the ocean freight to your country.