Incoterms

This page is designed to provide a basic level of understanding of Incoterms ® 2020 Rules published by the International Chamber of Commerce (ICC)

Incoterms 2020

EXW Ex Works FCA Free Carrier FAS Free Alongside Ship FOB Free on Board CFR Cost and Freight CIF Cost, Insurance and Freight CIP Carriage and Insurance Paid Тo DAP Delivered at Place DPU Delivered Named Place Unloaded DDP Delivered Duty Paid

Expected changes

CNI Cost and Insurance DTP Delivered at Terminal Paid DPP Delivered at Place Paid

Incoterms 2010

DAT Delivered at Terminal

Incoterms 2000

DDU Delivered Duty Unpaid DES Delivered Ex Ship DEQ Delivered Ex Quay DAF Delivered at Frontier

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Who covers the logistics charges?

Distribution of costs according to the Incoterm negotiated in the contract. Classification according to the increased level of obligations for the seller.

Incoterm/Cost
Packaging
Loading from warehouse
Export customs clearance
Pre-carriage
Origin port fees
Handling at departure (OTHC)
Main transportation
Transportation insurance
Handling arrival (DTHC)
Destination port fees
Post carriage
Import customs clearance
Unloading into warehouse
EXW
S
S
B
B
B
B
B
B
B
B
B
B
B
FCA
S
S
S
B
B
B
B
B
B
B
B
B
B
CPT
S
S
S
S
B
B
B
B
B
B
B
B
B
CIP
S
S
S
S
B
B
B
S
B
B
B
B
B
FAS
S
S
S
S
S
B
B
B
B
B
B
B
B
FOB
S
S
S
S
S
S
B
B
B
B
B
B
B
CFR
S
S
S
S
S
S
S
B
B
B
B
B
B
CIF
S
S
S
S
S
S
S
S
B
B
B
B
B
DPU
S
S
S
S
S
S
S
B
S
B
B
B
B
DAP
S
S
S
S
S
S
S
B
S
S
S
B
B
DDP
S
S
S
S
S
S
S
B
S
S
S
S
B
INCOTERMS 2010