Guide

Incoterms 2020 Explained

Understand the 11 Incoterms 2020 rules, their responsibilities and how to confirm the correct rule for a shipment.

EXW

Seller makes goods available.

FCA

Seller delivers to carrier.

CPT

Seller pays carriage.

CIP

Like CPT plus insurance.

DAP

Seller delivers to place.

DPU

Seller unloads.

DDP

Seller handles all.

FAS

Goods alongside ship.

FOB

Goods on board.

CFR

Seller pays freight.

CIF

Like CFR plus insurance.

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