Delivery terms
Incoterms 2020: the 11 rules in one table
From EXW to DDP: where the risk passes, who pays freight and insurance, and who handles customs under each of the 11 rules, in one table; plus four steps to choose the right rule.
Insights
Delivery terms
How to find buyers and suppliers, read HS codes and customs data, choose delivery terms, get paid safely and ship. Written by a consultant who does this work every day, with official sources.
Topic
Delivery terms
Delivery terms
FOB (Free on Board) explained: costs, risk and price
When risk passes under FOB, who pays which cost, how an FOB price is built, and why the ICC recommends FCA for container shipments.
Delivery terms
CIF vs CFR: the difference, insurance and price
Why risk passes at the port of shipment under CIF and CFR, how much the CIF insurance covers, how a CIF price is built, and why CIP and CPT are recommended for containers.
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