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Agro IndustriesShea Butter Manufacturer, Nigeria
Glossary

Incoterms

Also written as: Incoterms 2020, International Commercial Terms, ICC trade terms, FOB / CIF / EXW / DAP (individual rules)

Summary

Incoterms are the International Chamber of Commerce's standard three-letter trade terms (such as EXW, FOB, CIF and DAP) that define where the seller's responsibility for delivery, cost and risk ends and the buyer's begins. The current edition is Incoterms 2020.

Incoterms allocate cost and risk between seller and buyer at a named point; they do not transfer title, set payment terms or replace the sales contract — buyers still need those in writing.

EMI Agro quotes on EXW, FOB and CIF.

Minimum Order Quantity (MOQ)

Minimum order quantity (MOQ) is the smallest quantity a supplier will accept for a single…

Certificate of Analysis (COA)

A certificate of analysis (COA) is a batch-specific document issued by the manufacturer's…

NIS 571:2013

NIS 571:2013 is the Nigerian Industrial Standard for shea butter

Full explainer: Exporting Shea Butter

Documents, HS 1515.90 and export practice for Nigerian shea butter.

Part of the shea butter glossary · Complete guide to shea butter

Last reviewed September 2026 by EMI Agro Industries QC team.