If you are a small or medium-sized business (SMB) who is buying from an overseas supplier, there's a good chance you're buying under either Free On Board (FOB) or Ex Works (EXW) terms of sale. These are the two most commonly used international shipping standards – known as Incoterms – in global trade. In this article, we'll explore the distinctions between EXW vs FOB shipping and how they can positively or negatively impact how you manage logistics.