This document outlines different shipping terms that determine whether the seller or buyer bears certain risks and costs associated with transporting goods. The terms range from Ex Works (EXW), where the seller's responsibilities end at the factory, to Delivered Duty Paid (DDP), where the seller is responsible for all costs and risks until the goods are delivered to the destination.
This document outlines different shipping terms that determine whether the seller or buyer bears certain risks and costs associated with transporting goods. The terms range from Ex Works (EXW), where the seller's responsibilities end at the factory, to Delivered Duty Paid (DDP), where the seller is responsible for all costs and risks until the goods are delivered to the destination.
This document outlines different shipping terms that determine whether the seller or buyer bears certain risks and costs associated with transporting goods. The terms range from Ex Works (EXW), where the seller's responsibilities end at the factory, to Delivered Duty Paid (DDP), where the seller is responsible for all costs and risks until the goods are delivered to the destination.
This document outlines different shipping terms that determine whether the seller or buyer bears certain risks and costs associated with transporting goods. The terms range from Ex Works (EXW), where the seller's responsibilities end at the factory, to Delivered Duty Paid (DDP), where the seller is responsible for all costs and risks until the goods are delivered to the destination.
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sellers risk buyers risk
sellers cost buyers cost
EXW FCA FAS* FOB*
Ex works Free carrier Free alongside ship Free on board
CFR* CIF* CPT CIP
Cost and freight Cost insurance and freight Carriage paid to Carriage and insurance paid to 24
DAP DAT DDP
Delivered at place Delivered at terminal Delivered duty paid
*Only applicable for sea and inland waterway transport