• Incoterms Chart & Description

    Download Terms
    • Seller
    • Carrier
    • Border
    • Port
    • Ship
    • Port
    • Named Place
    • Buyer
    EXW EX Works
    FCAFree Carrier
    CPTCarriage Paid to
    CIPCarriage and Insurance Paid to
    DAPDelivered at Place
    DPUDelivered at Place Unloaded
    DDPDelivered Duty Paid
    With import clearance
    FASFree Alongside Ship
    FOBFree on Board
    CFRCost and Freight
    CIFCost Insurance and Freight
    • The risk is borne by the seller
    • The costs are borne by the seller
    • Transport insurance is the responsibility of the seller
    • The risk is borne by the buyer
    • The costs are borne by the buyer
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  • Incoterms DEFINITIONS

    • EXW

      The seller makes the goods available at his/her premises. The buyer is responsible for uploading. This term places the maximum obligation on the buyer and minimum obligations on the seller. The Ex Works term is often used when making an initial quotation for the sale of goods without any costs included. EXW means that a seller has the goods ready for collection at his premises (works, factory, warehouse, plant) on the date agreed upon. The buyer pays all transportation costs and also bears the risks for bringing the goods to their final destination. The seller does not load the goods on collecting vehicles and doesn't clear them for export. If the seller does load the goods, he does so at buyer's risk and cost. If parties wish seller to be responsible for the loading of the goods on departure and to bear the risk and all costs of such loading, this must be made clear by adding explicit wording to this effect in the contract of sale.

    • FCA

    • CPT

    • CIP

    • DAP

    • DDP

    • FAS

    • FOB

    • CFR

    • CIF

    • DPU