The objective of this table of Incoterms is to provide a set of international rules for the interpretation of the most commonly used trade terms in foreign trade. This information will help the correct interpretations of such terms in different countries and avoid or reduce misunderstandings considerably.
Interpretation of Inco Terms
|
EXW |
FCA |
FAS |
FOBv |
CFR |
CIF |
CPT |
Service |
Ex Works |
Free Carrier |
Free Alongside Ship |
Freee Onboard Vessel |
Cost & Freight |
Cost Insurance & Freight |
Carriage Paid To |
Warehouse Storage |
Seller |
Seller |
Seller |
Seller |
Seller |
Seller |
Seller |
Warehouse Labour |
Seller |
Seller |
Seller |
Seller |
Seller |
Seller |
Seller |
Export Packing |
Seller |
Seller |
Seller |
Seller |
Seller |
Seller |
Seller |
Loading Charges |
Buyer |
Seller |
Seller |
Seller |
Seller |
Seller |
Seller |
Inland Freight |
Buyer |
Seller |
Seller |
Seller |
Seller |
Seller |
Seller |
Terminal Charges |
Buyer |
Buyer |
Seller |
Seller |
Seller |
Seller |
Seller |
Forwarder's Fees |
Buyer |
Buyer |
Seller |
Seller |
Seller |
Seller |
Seller |
Loading On Vessel |
Buyer |
Buyer |
Buyer |
Seller |
Seller |
Seller |
Seller |
Ocean/Air Freight |
Buyer |
Buyer |
Buyer |
Buyer |
Seller |
Seller |
Seller |
Charges Upon Arrival |
Buyer |
Buyer |
Buyer |
Buyer |
Buyer |
Buyer |
Seller |
Duty, Taxes & Customs Clearance |
Buyer |
Buyer |
Buyer |
Buyer |
Buyer |
Buyer |
Buyer |
Delivery To Destination |
Buyer |
Buyer |
Buyer |
Buyer |
Buyer |
Buyer |
Buyer |
|
CIP
|
DAF
|
DES
|
DEQ
|
DDQ
|
DDP
|
Service |
Carriage
Insurance Paid To
|
Delivered
At Frontier
|
Delivered
Ex Ship
|
Delivered
Ex Quay Duty Paid
|
Delivered
Duty Unpaid
|
Delivered
Duty Paid
|
Warehouse
Storage |
Seller
|
Seller
|
Seller
|
Seller
|
Seller
|
Seller
|
Warehouse
Labour |
Seller
|
Seller
|
Seller
|
Seller
|
Seller
|
Seller
|
Export
Packing |
Seller
|
Seller
|
Seller
|
Seller
|
Seller
|
Seller
|
Loading
Charges |
Seller
|
Seller
|
Seller
|
Seller
|
Seller
|
Seller
|
Inland
Freight |
Seller
|
Seller
|
Seller
|
Seller
|
Seller
|
Seller
|
Terminal
Charges |
Seller
|
Seller
|
Seller
|
Seller
|
Seller
|
Seller
|
Forwarder's
Fees |
Seller
|
Seller
|
Seller
|
Seller
|
Seller
|
Seller
|
Loading
On Vessel |
Seller
|
Seller
|
Seller
|
Seller
|
Seller
|
Seller
|
Ocean/Air
Freight |
Seller
|
Seller
|
Seller
|
Seller
|
Seller
|
Seller
|
Charges
Upon Arrival |
Seller
|
Seller
|
Seller
|
Seller
|
Seller
|
Seller
|
Duty,
Taxes & Customs Clearance
|
Buyer
|
Buyer
|
Buyer
|
Seller
|
Buyer
|
Seller
|
Delivery
To Destination |
Buyer
|
Buyer
|
Buyer
|
Buyer
|
Seller
|
Seller
|