
An Incoterm in logistics is a standardized three-letter abbreviation used globally to define the responsibilities, costs, and risks between buyers and sellers in international trade transactions.
"E" type, including E. X. W., refers to the seller's obligation to prepare the good sat their own location, without being responsible for transportation or freight charges.
Method |
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Obligation and Accountability for Charges | |
Export Custom CLearance | Consignee |
Transport to Export port | Consignee |
Unloading at Export port | Consignee |
Export Port Loading | Consignee |
Export by Air/Ocean | Consignee |
Freight/Cargo Insurance | Consignee |
Unloading at Import Port | Consignee |
Import Port Loading | Consignee |
Deliver to Destination | Consignee |
Import Custom Clearance | Consignee |
Import Custom Tax | Consignee |
Delivery Destination | Designated Location |
"F" Payment type, including F. C. A., F. A. S., and F. O. B., means the seller must deliver the goods to the carrier designated by the buyer.
Method |
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Obligation and Accountability for Charges | |||
Export Custom CLearance | Shipper | Shipper | Shipper |
Transport to Export port | Shipper | Shipper | Shipper |
Unloading at Export port | Consignee | Shipper | Shipper |
Export Port Loading | Consignee | Consignee | Shipper |
Export by Air/Ocean | Consignee | Consignee | Consignee |
Freight/Cargo Insurance | Consignee | Consignee | Consignee |
Unloading at Import Port | Consignee | Consignee | Consignee |
Import Port Loading | Consignee | Consignee | Consignee |
Deliver to Destination | Consignee | Consignee | Consignee |
Import Custom Clearance | Consignee | Consignee | Consignee |
Import Custom Tax | Consignee | Consignee | Consignee |
Delivery Destination | Designated Location | Designated Loading Port | Designated Dest. Port |
"C" Payment type, including C. F. R., C. I. F., C. P. T., and C. I. P., means the seller must arrange a transportation contract but is not responsible for the risk of loss or damage to the goods, or for any additional costs incurred after loading and dispatch, such as accidents.
Method |
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---|---|---|---|---|
Obligation and Accountability for Charges | ||||
Export Custom CLearance | Shipper | Shipper | Shipper | Shipper |
Transport to Export port | Shipper | Shipper | Shipper | Shipper |
Unloading at Export port | Shipper | Shipper | Shipper | Shipper |
Export Port Loading | Shipper | Shipper | Shipper | Shipper |
Export by Air/Ocean | Shipper | Shipper | Shipper | Shipper |
Freight/Cargo Insurance | Consignee | Consignee | Shipper | Shipper |
Unloading at Import Port | See Contract* | See Contract* | See Contract* | See Contract* |
Import Port Loading | See Contract* | Consignee | Consignee | See Contract* |
Deliver to Destination | Shipper | Consignee | Consignee | Shipper |
Import Custom Clearance | Consignee | Consignee | Consignee | Consignee |
Import Custom Tax | Consignee | Consignee | Consignee | Consignee |
Delivery Destination | Designated Location | Designated Dest. Port | Designated Dest. Port | Designated Location |
"D" Payment type, including D. A. T., D. A. P., and D. D. P., means the seller must bear all costs and risks required to deliver the goods to the destination country.
Method |
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---|---|---|---|
Obligation and Accountability for Charges | |||
Export Custom CLearance | Shipper | Shipper | Shipper |
Transport to Export port | Shipper | Shipper | Shipper |
Unloading at Export port | Shipper | Shipper | Shipper |
Export Port Loading | Shipper | Shipper | Shipper |
Export by Air/Ocean | Shipper | Shipper | Shipper |
Freight/Cargo Insurance | See Contract* | Shipper | Shipper |
Unloading at Import Port | Shipper | Shipper | Shipper |
Import Port Loading | Consignee | Shipper | Shipper |
Deliver to Destination | Consignee | Shipper | Shipper |
Import Custom Clearance | Consignee | Consignee | Shipper |
Import Custom Tax | Consignee | Consignee | Shipper |
Delivery Destination | Designated Location/Port/Ramp | Designated Location | Designated Location |