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Reference · Manufacturing Terms7 min · 1,555 words

Term entry

FOB Pricing (Full Package / Free on Board)

The dominant trade term in apparel manufacturing (80%+ of international orders), where the factory price includes materials through port loading,fabric represents 60-70% of FOB cost, with global benchmarks ranging from $3-10 FOB Bangladesh to $15-50+ nearshoring (USA/EU), governed by Incoterms 2020.

7 min read1,555 wordsSearch volume · 1–3K/moUpdated · February 2026
Overview · 01

What is FOB Pricing (Full Package / Free on Board)?

FOB (Free on Board) is the most common Incoterm in apparel manufacturing, used in 80%+ of international orders. The factory price includes all costs from materials sourcing through loading goods onto the shipping vessel,fabric (60-70% of cost), trims (5-10%), labor/CMT (15-25%), packaging (2-5%), and factory profit (5-10%),but excludes international shipping, insurance, duties, and customs clearance.

2026 FOB pricing benchmarks by country (USD + ₹):

  • Bangladesh: $3-10 FOB / ₹273-910,using $0.60-1.30/hour labor (lowest globally)
  • India: $4-12 FOB / ₹364-1,092,~$2.10/hour labor (INR 178 daily minimum), strong textile integration
  • Vietnam: $5-15 FOB / ₹455-1,365,$2-3/hour wages (2026), 85-95% industrial zone occupancy
  • China: $8-20 FOB / ₹728-1,820,$6.50/hour wages offset by 3x productivity vs. Bangladesh
  • Nearshoring (Mexico/Turkey): $15-50 FOB / ₹1,365-4,550,2-3x premium but 50-70% faster delivery
  • Domestic US/EU: $30-100+ FOB-equivalent / ₹2,730-9,100+,premium quality, 2-4 week lead times

FOB cost breakdown (typical garment):

Component% of FOBExample ($12.50 hoodie)
Fabric60-70%$7.50-8.75 / ₹683-796
Trims5-10%$0.60-1.25 / ₹55-114
Labor/CMT15-25%$2.00-3.00 / ₹182-273
Packaging2-5%$0.30-0.60 / ₹27-55
Factory profit5-10%$0.60-1.25 / ₹55-114

FOB vs other Incoterms:

  • EXW (Ex-Works): Buyer responsible from factory gate,lowest factory price, highest buyer logistics
  • FOB: Seller responsible through port loading,industry standard for apparel
  • CIF (Cost, Insurance, Freight): Seller covers ocean freight + insurance,simplifies buyer logistics
  • DDP (Delivered Duty Paid): Seller handles everything including customs,turnkey for buyer

FOB vs CMT pricing:

  • FOB: Factory handles everything ($3-20 complete),simpler for buyer, factory manages procurement risk
  • CMT: Brand provides materials, factory only cuts/makes/trims ($2-8/garment, ₹182-728),more control but buyer bears sourcing logistics
Entrepreneur's perspective · 02

Why this matters for fashion entrepreneurs.

FOB pricing dominates 80%+ of international apparel trade,understanding it is essential for any brand sourcing globally. The key insight: fabric represents 60-70% of FOB cost, making material selection the most impactful pricing decision.

Global sourcing strategy by brand stage (USD + ₹):

  • Startup (100-500 units): Bangladesh/India FOB $3-12 (₹273-1,092),lowest entry, 8-14 week lead times
  • Growing brand (500-5,000 units): Vietnam/China FOB $5-20 (₹455-1,820),better quality consistency
  • Established brand (5,000+ units): Multi-country strategy,China for quality, Bangladesh for basics, nearshoring for speed
  • Premium/DTC: Nearshoring FOB $15-50 (₹1,365-4,550),4-6 week lead times justify 2-3x premium

Landed cost calculation (beyond FOB):

A $12.50 FOB hoodie (₹1,138) actually costs $14.06-16.93 landed (₹1,279-1,541):

  • Ocean freight: $0.75-1.50 (₹68-137) per unit
  • Insurance: $0.06-0.13 (₹5-12)
  • Import duties: $0.60-2.50 at 5-20% (₹55-228)
  • Customs/handling: $0.15-0.30 (₹14-27)
  • Total landed: 20-35% above FOB

Negotiating FOB effectively:

  • Request itemized costing (fabric, CMT, overhead, profit margin)
  • Compare FOB across 3-5 factories on identical specifications
  • Negotiate 5-15% reduction for repeat orders and volume commitments
  • 85% of fashion executives plan regional production by 2026 (up from 43% in 2023),use nearshoring competition
Sourcing guide · 03

Where to source.

Global FOB sourcing by manufacturing region:

Top manufacturing countries (2026 benchmarks):

  • Bangladesh: FOB $3-10 (₹273-910),$0.60-1.30/hour labor, best for basics and large standardized orders
  • India: FOB $4-12 (₹364-1,092),~$2.10/hour, strong vertical integration, excellent for embellished/craft garments
  • Vietnam: FOB $5-15 (₹455-1,365),$2-3/hour (2026), good infrastructure but 85-95% industrial zone occupancy
  • China: FOB $8-20 (₹728-1,820),$6.50/hour but 3x productivity, superior quality control and infrastructure
  • Mexico: FOB $15-30 (₹1,365-2,730),nearshoring for US brands, USMCA duty-free access
  • Turkey: FOB $12-25 (₹1,092-2,275),nearshoring for EU brands, good quality/speed balance

How to evaluate an FOB quote:

  1. Request itemized cost breakdown (fabric 60-70% + CMT 15-25% + trims 5-10% + overhead + margin)
  2. Verify fabric specification matches your requirements (factories may downgrade)
  3. Request counter-samples before approving bulk production
  4. Confirm all trim, label, and packaging specifications in writing
  5. Compare landed cost (FOB + freight + duties + customs) not just FOB alone

Red flags in FOB quotes:

  • FOB below country minimum (e.g., <$3 from Bangladesh for basic t-shirt likely means material substitution)
  • Vague material descriptions without GSM, composition, or supplier details
  • No sample offered before bulk production
  • Payment terms 100% upfront (standard: 30% advance, 70% before/at shipment)

Standard payment terms:

  • 30% advance, 70% before shipment (small/new brands)
  • 30% advance, 70% against bill of lading (established relationships)
  • Letter of Credit for orders >$50,000 (₹4,550,000)
Pricing & costs · 04

What it costs.

Global FOB pricing benchmarks by garment type (USD + ₹):

Basic garments:

GarmentBangladeshIndiaVietnamChinaNearshoring
T-shirt$3-5 / ₹273-455$3-6 / ₹273-546$4-7 / ₹364-637$5-8 / ₹455-728$12-20 / ₹1,092-1,820
Casual shirt$5-8 / ₹455-728$5-10 / ₹455-910$6-12 / ₹546-1,092$8-15 / ₹728-1,365$15-30 / ₹1,365-2,730
Basic dress$6-10 / ₹546-910$8-15 / ₹728-1,365$8-15 / ₹728-1,365$10-18 / ₹910-1,638$20-40 / ₹1,820-3,640
Denim jeans$8-12 / ₹728-1,092$8-15 / ₹728-1,365$10-18 / ₹910-1,638$12-22 / ₹1,092-2,002$20-40 / ₹1,820-3,640

Premium garments:

  • Heavyweight hoodie (500 GSM): $12.50 FOB benchmark (₹1,138),2026 standard
  • Blazer: $25-60 / ₹2,275-5,460 (varies by construction complexity)
  • Formal shirt: $10-20 / ₹910-1,820

FOB to retail markup (global):

  • Wholesale: 2-2.5x FOB (B2B pricing)
  • Domestic retail: 3-5x FOB
  • International DTC: 4-8x FOB
  • Luxury: 8-12x FOB

Hidden costs beyond FOB:

  • Ocean freight: $0.50-2.00/unit (₹45-182)
  • Air freight (rush): $4-8/unit (₹364-728),8-16x ocean cost
  • Import duties: 5-20% of FOB value
  • Quality inspection: $309-409/man-day QIMA/SGS (₹28,119-37,219)
  • Total landed: 20-35% above FOB price
FAQ · 08

Frequently asked.

FOB (Free on Board) means the factory price includes all costs from materials through port loading,fabric (60-70% of cost), trims, labor, packaging, and factory profit,but excludes international shipping, insurance, duties, and customs clearance. It's the most common Incoterm in apparel with 80%+ of international orders using FOB terms. A 2026 benchmark: heavyweight hoodie (500 GSM) costs $12.50 FOB (₹1,138). FOB enables transparent comparison across countries: Bangladesh $3-10 (₹273-910), Vietnam $5-15 (₹455-1,365), China $8-20 (₹728-1,820), nearshoring $15-50+ (₹1,365-4,550+).

FOB includes everything from materials to port delivery,fabric (60-70%), trims, accessories, packaging, labor, and factory profit,with garments costing $3-20 FOB (₹273-1,820) depending on complexity and country. CMT covers only manufacturing labor ($2-8/garment, ₹182-728) with the buyer sourcing and shipping all materials. FOB suits brands wanting turnkey solutions using factory buying power (especially fabric at 60-70% of costs), while CMT benefits brands with existing material suppliers or specific fabric sources. Example: basic t-shirt FOB $3-6 complete vs. CMT $2-3 with buyer providing $1-3 fabric.

FOB pricing sums: fabric costs (60-70% of total), trims and accessories (5-10%), labor/CMT (15-25%), packaging (2-5%), domestic transport to port (1-2%), and factory profit (5-10%). A 500 GSM heavyweight hoodie benchmarks at $12.50 FOB (₹1,138): approximately $7.50-8.75 fabric (₹683-796), $0.60-1.25 trims (₹55-114), $2.00-3.00 labor (₹182-273), $0.30-0.60 packaging (₹27-55), and $0.60-1.25 factory profit (₹55-114). Regional variations: Bangladesh $3-10 (₹273-910) using $0.60-1.30/hour labor, China $8-20 (₹728-1,820) offset by 3x productivity.

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