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Korean auto parts buyer guides

FOB, CIF or EXW: what should an auto parts importer ask for?

Hanaparts publishes FOB Incheon or Busan as its default quotation option, with CIF and EXW also available for review. Start with who will arrange the main freight and insurance, then identify the named port or pickup location. The quotation must confirm the scope for your shipment.

Published by HANA PARTS CO., LTD. · Content reviewed

Hanaparts' published quotation options

Hanaparts' published quotation options
TermPublished scopeBuyer situation
FOB Incheon or BusanExport clearance and loading at Incheon or Busan port; buyer arranges main freight and insurance.Buyers with their own forwarder
CIFFOB plus main sea freight and insurance to the named destination port.Buyers requesting sea freight and insurance to a named port; import charges and onward delivery need separate confirmation
EXWPickup from our Korean warehouse; buyer handles everything.Buyers consolidating from several Korean suppliers

Name the destination and your forwarder arrangement

Tell the team the destination country and port, your requested shipment mode and whether you have a forwarder. If you want pickup in Korea, ask the team to confirm the collection location and arrangements for the actual shipment.

The published departure ports are Incheon and Busan. A route or destination appearing on this website is not a confirmed sailing, freight price or delivery date. Routing and transit are reviewed for each quotation.

Do not treat a port quotation as an all-inclusive delivery price

Ask which freight, insurance, terminal handling, import clearance, duties, taxes and onward delivery charges are included or excluded. Confirm the named place, applicable Incoterms rules and responsibility for documents in the quotation rather than relying on a short website label.

This table summarizes the company's published quotation options; it is not a substitute for the agreed sales contract or the full Incoterms rules. Ask the export team to resolve any difference between your forwarding arrangement and the proposed term.

Send the parts list with the shipping question

An export inquiry is more useful when the parts references, quantities and destination are together. Tell the team if documents are needed for your destination so that the applicable requirements can be reviewed. The logistics page describes the published shipment and documentation process.

Send the requirements, not an assumed order

Part availability, compatibility, quantities, pricing and shipping terms are reviewed for your request. A website inquiry is not an accepted order.

Buyer questions

Questions about export quotation terms

Which Korean departure ports does Hanaparts publish?

The published departure ports are Incheon and Busan. The quotation confirms the departure arrangement and destination for the specific shipment.

Does a CIF quotation automatically cover delivery to my warehouse?

Do not assume that it does. Hanaparts describes CIF as main sea freight and insurance to the named destination port. Ask the team to confirm import charges, handling and onward delivery separately in the quotation.