Incoterms for All Shipping Methods
- EXW – Ex Works or Ex-Warehouse
- FCA – Free Carrier
- CPT – Carriage Paid To
- CIP – Carriage and Insurance Paid To
- DAP – Delivered At Place
- DPU – Delivered At Place Unloaded
- DDP – Delivered Duty Paid
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International Commercial Terms, commonly known as Incoterms, are standardized trade terms used by buyers and sellers in global transactions. These terms clarify which party is responsible for specific tasks, expenses, and risks involved in the delivery of goods. Issued by the International Chamber of Commerce (ICC), Incoterms are widely recognized and legally binding across nearly every country. This helpful guide provdies insight into what each term represents.
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