Incoterms Archives - Page 2 of 2

INCOTERMS 2020 | DAP – DELIVERED AT PLACE

DAP, short for “Delivered at Place”, means that the exporter is obligated to load the goods onto the collecting vehicle and deliver to the importer at the agreed point of delivery or destination not unloaded. DAP is used in any mode of

May 31, 2021

Incoterms

INCOTERMS 2020 | CIP – CARRIAGE AND INSURANCE PAID TO

CIP, short for “Carriage and Insurance Paid to”, means the exporter is obligated to load the goods to the first carrier and pay the insurance and freight to the agreed destination in the importer’s country. It’s noteworthy that the exporter is not

May 30, 2021

Incoterms

INCOTERMS 2020 | CPT – CARRIAGE PAID TO

CPT, short for “Carriage Paid To”, means the exporter is obligated to load the goods to the first carrier and pay the freight to the agreed destination in the importer’s country. It’s critical to know that the exporter is not responsible for

May 29, 2021

Incoterms

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

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