Incoterms 2020 Rules & Definitions Dataset
This dataset provides a concise list of the 11 Incoterms 2020 rules, detailing responsibilities for delivery, risk transfer, and cost allocation in international trade. It covers all key aspects for buyers and sellers.
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Key Takeaways
- Access the 11 Incoterms 2020 rules for global trade.
- Explore definitions, transport modes, and risk transfer points.
- Understand seller and buyer cost responsibilities.
- Simplify international shipping agreements.
Showing 11 of 11
| Code | Name | Transport Mode | Delivery Point | Risk Transfer | Seller Pays | Buyer Pays | Description |
|---|---|---|---|---|---|---|---|
| EXW | Ex Works | Any Mode | Seller's premises | At seller's premises | None (goods available at premises) | All transport, insurance, customs | Buyer collects goods from seller's location |
| FCA | Free Carrier | Any Mode | Named place of delivery | When delivered to carrier | Delivery to carrier, export customs | Main carriage, insurance, import customs | Seller delivers to carrier or named place |
| CPT | Carriage Paid To | Any Mode | Named place of destination | When delivered to first carrier | Carriage to destination, export customs | Insurance, import customs, unloading | Seller pays carriage, risk transfers at handover to carrier |
| CIP | Carriage and Insurance Paid To | Any Mode | Named place of destination | When delivered to first carrier | Carriage, insurance to destination, export customs | Import customs, unloading | Like CPT but seller also pays insurance |
| DAP | Delivered at Place | Any Mode | Named place of destination | At destination, before unloading | All transport to destination, export customs | Unloading, import customs | Seller delivers goods ready for unloading |
| DPU | Delivered at Place Unloaded | Any Mode | Named place of destination | At destination, after unloading | All transport, unloading, export customs | Import customs | Seller unloads goods at destination |
| DDP | Delivered Duty Paid | Any Mode | Named place of destination | At destination, before unloading | Everything including import duty | Unloading only | Maximum obligation for seller |
| FAS | Free Alongside Ship | Sea/Waterway | Alongside ship at port | When placed alongside ship | Transport to port, export customs | Loading, freight, insurance, import customs | Seller delivers alongside the vessel |
| FOB | Free on Board | Sea/Waterway | On board vessel at port | When goods are on board | Loading on ship, export customs | Freight, insurance, import customs | Seller loads goods onto the ship |
| CFR | Cost and Freight | Sea/Waterway | Named port of destination | When goods are on board at origin | Freight to destination, export customs | Insurance, import customs, unloading | Seller pays freight, risk at loading |
| CIF | Cost, Insurance and Freight | Sea/Waterway | Named port of destination | When goods are on board at origin | Freight, insurance, export customs | Import customs, unloading | Like CFR but seller also pays insurance |
Use Cases
- Import the CSV file into your ERP or logistics system to automate contract clause generation and compliance checks for international shipments.
- Use the Excel file to filter terms by transport mode, analyze cost allocation, and prepare training materials for your sales or procurement teams.
- Print the PDF version for a quick, offline reference guide in warehouses, classrooms, or during contract negotiations.
- Leverage this data for educational purposes to teach students about global supply chain management and trade regulations.