Japan's trade remained strong in June 2026, with exports up 19.3% and imports up 25.4%. Semiconductor demand, AI-related shipments, and higher energy purchases were the main drivers. CIF and FOB are two widely used INCOTERM agreements. Each specifies which party is responsible for goods in transit, what insurance is required and who pays freight charges. The Japan trade statistics including figures for February 2023 is now available on JapanTradeStatistics.com Check out your industry figure. info@memorizeitall.jp This article explains FOB vs CIF, what each term means, who pays for what, when risk transfers, how insurance works, and what buyers should consider before comparing international quotations. CIF (Cost, Insurance, and Freight): The seller is responsible for the cost of the goods, the freight, and the insurance to cover the goods during transit until they arrive at the port of. International shipping depends on clarity. If you've ever struggled to decide between FOB, CIF, and DDP, three of the most important incoterms in global trade, you're not alone. The most appropriate choice depends on several factors, including the buyer's experience in international trade, relationships with logistics providers, shipment volume, destination country.