Incoterms

Incoterms are standard trade terms that define who's responsible for costs, risk, and paperwork at each stage of a shipment. Here are the ones we work with most often:

EXW – Ex Works

The buyer takes on nearly all responsibility once goods are collected from the seller's premises.

FOB – Free On Board

The seller delivers goods on board the vessel; risk transfers to the buyer once loaded.

CIF – Cost, Insurance & Freight

The seller covers cost, insurance, and freight to the destination port.

DAP – Delivered At Place

The seller delivers to a named destination, ready for unloading by the buyer.

DDP – Delivered Duty Paid

The seller handles everything, including import duties, up to the buyer's door.