Incoterms - Page 2

INCOTERMS, short for International Commercial Terms, are a set of standardized trade terms used in international transactions to define the responsibilities and obligations of buyers and sellers regarding the delivery of goods. These terms, established by the International Chamber of Commerce (ICC), specify who is responsible for the cost, risk, and logistics involved in the transportation of goods from seller to buyer.
INCOTERMS-FCA

INCOTERMS 2020 | FCA – FREE CARRIER

FCA, short for “Free carrier”, means that the exporter has to deliver the goods to the importer’s collecting vehicle at the point of delivery, which can be at the exporter’s premises or another point that’s been specified in the contract of sale.
May 28, 2021
INCOTERMS-EXW

INCOTERMS 2020 | EX WORKS – EXW

Ex Works is obviously the best Incoterms rule for exporters. If you are new to foreign trade, you’d better agree on the term EXW with your buyer as you’ll bear no risk for anything including customs formalities but to make the goods
May 26, 2021
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Umit Gumusten
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