Incoterms
Most commonly used Incoterms
The obligations of the buyer / seller in case of using differents incoterms are given in the table below :
Incoterm |
Export customs | Loading | Transportation contract | Insurance obligation | Unloading | Import customs |
EXW | buyer | buyer | buyer | buyer | buyer | |
FCA | buyer | seller / buyer * | buyer | buyer | buyer | |
FOB | seller | seller | buyer | buyer | buyer | |
CIF | seller | seller | seller | seller | buyer** | buyer |
DDU | seller | seller | seller | buyer | buyer | |
DDP | seller | seller | seller | buyer | seller |
* If shipping is outside the sellers territory
** If unloading is allready in the transportation contract