Incoterms 2010

An easy reference guide to international commerce terms.

Any Mode or Modes of Transport

Incoterm EXW FCA CPT CIP DAT DAP DDP
Full Terminology Ex-Works Free Carrier Carriage Paid To Carriage & Insurance Paid To Delivered at Terminal Delivered at Place Delivered Duty Paid
Seller delivers to Place Seller's Place Carrier Terminal Place of Destination Place of Destination Terminal Place of Destination Place of Destination
Service Cost & Obligations
Export Packing Seller Seller Seller Seller Seller Seller Seller Seller
Inland Carrier Loading Buyer Seller Seller Seller Seller Seller Seller Seller
Inland Freight Buyer Buyer Seller Seller Seller Seller Seller Seller
Export Clearance Buyer Seller Seller Seller Seller Seller Seller Seller
Vessel Loading Buyer Buyer Buyer Seller Seller Seller Seller
Contract Main Carrier Buyer Buyer Seller Seller Seller Seller Seller
Insurance 1 1 1 1 Seller 1 1 1
Vessel Unloading Buyer Buyer Buyer Seller [2] Seller [2] Seller [2] Seller [2]
Import Clearance Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer
Inland Freight-Buyer's side Buyer Buyer Buyer Buyer or Seller [3] Buyer or Seller [3] Buyer Buyer or Seller [3] Buyer or Seller [3]
Transport Mode ANY ANY ANY ANY ANY ANY ANY ANY
Seller bears all risk of loss or damage until goods are: Placed at Disposal of Buyer Loaded on Collecting Vehicle Delivered at Carrier's Terminal Delivered First Transport Carrier Delivered First Transport Carrier Delivered & Unloaded at Terminal Delivered Destination Place Delivered Destination Place

[1] Neither party is obligated to provide insurance for the other. Each party is recommended to acquire insurance as appropriate.
[2] If not included in main carriage it is Buyer’s cost.
[3] Dependent upon named place of destination
[4] Seller not responsible for unloading goods from carrier.

Ocean and Inland Waterway Transport

Incoterm FAS FOB CFR CIF
Full Terminology Free Alongside Ship Free On Board Cost & Freight Cost, Insurance & Freight
Seller delivers to Port of Shipment Port of Shipment Port of Destination Port of Destination
Service Cost & Obligations
Export Packing Seller Seller Seller Seller
Inland Carrier Loading Seller Seller Seller Seller
Inland Freight Seller Seller Seller Seller
Export Clearance Seller Seller Seller Seller
Vessel Loading Buyer Seller Seller Seller
Contract Main Carrier Buyer Buyer Seller Seller
Insurance [1] [1] [1] Seller
Vessel Unloading Buyer Buyer Seller [2] Seller [2]
Import Clearance Buyer Buyer Buyer Buyer
Inland Freight-Buyer's side Buyer Buyer Buyer Buyer
Transport Mode Vessel Vessel Vessel Vessel
Seller bears all risk of loss or damage until goods are: Delivered Port of Shipment Next to Vessel On Board Vessel On Board Vessel On Board Vessel

[1] Neither party is obligated to provide insurance for the other. Each party is recommended to acquire insurance as appropriate.
[2] If not included in main carriage it is Buyer’s cost.
[3] Dependent upon named place of destination
[4] Seller not responsible for unloading goods from carrier.