Home Incoterms

International Commercial terms
by International Chamber of Commerce (ICC), 2010

Terms

Service		 EXW
Ex-Works		 FCA
Free Carrier		 * FAS
Free
Alongside
Shipt		 * FOB
Free
Onboard
Vessel		 * CFR
Cost &
Freight		 * CIF
Cost
Insurance &
Freight		 CPT
Carriage
Paid to		 CIP
Carriage &
Insurance
Paid to		 DAT
Delivered
At Terminal		 DAP
Delivered
At Place		 DDP
Delivered
Duty Paid
Who Pays Who Pays Who Pays Who Pays Who Pays Who Pays Who Pays Who Pays Who Pays Who Pays Who Pays
Export packing Seller Seller Seller Seller Seller Seller Seller Seller Seller Seller Seller
Inland freight Buyer Buyer Seller Seller Seller Seller Seller Seller Seller Seller Seller
Port charges Buyer Buyer Buyer Seller Seller Seller Seller Seller Seller Seller Seller
Forwarders fee Seller Seller Seller Seller Seller Seller Seller Seller Seller Seller Seller
Loading on ocean carrier Buyer Buyer Buyer Seller Seller Seller Seller Seller Seller Seller Seller
Ocean/Air freight charges Buyer Buyer Buyer Buyer Seller Seller Seller Seller Seller Seller Seller
Foreign customs clearance Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Seller
Duties and taxes Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Seller
Delivery charges to final destination Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Seller Seller
* Denotes terms used for Seafreight only
NOTES:
  • Always specify place (e.g. FOB Long Beach).
  • C Group terms are NOT arrival contracts, i.e. risk of loss/damage fall upon the buyer (seller fulfills contract in the country of shipment)!
  • PSI (Pre-Shipment-Inspection) cost always to be borne by the consignee (unless mandatory rule applicable to exports in shipper's country).
  • Export Licenses responsibility of the shipper (Incoterms do exempt EXW clause, but this is not recommended in the U.S. and its laws).