INCOTERMS

EXW (Ex Works)

The Sellers responsibility is to make the goods available at the Sellers
premises.
The Buyer is responsible for the costs and risks.
FAS

(Free Alongside Ship)

The Seller delivers the goods to the origin port.

From that point, the Buyer is responsible for all costs and risks of loss or
damage.
FOB (Free On Board)
The Seller delivers the goods on board the ship and take care of the goods
for export.
From that point, the Buyer is responsible all costs and risks of loss or
damage.
FCA

(Free Carrier)

The Seller delivers the goods ready to export to the carrier selected by the
Buyer.
The Buyer assumes the costs and risks of moving the goods to destination.
CFR

(Cost and Freight)

The Seller take care of the goods for export and pays the costs of moving
the goods to destination.
The Buyer is responsible for all risks of loss or damage.
CIF

(Cost, Insurance and Freight)

The seller is responsible for delivering the goods on the ship and take care
of customs in the country of export.
The seller is responsible for purchasing insurance, with the buyer as the
beneficiary.
CPT

(Carriage Paid To)

The Seller pays for moving the goods to destination.

From the time the goods are transferred to the first carrier, the Buyer is
responsible for the risks of loss or damage.
CIP

(Carriage and Insurance Paid)

The Seller takes care of the goods for export and pays the costs of moving
the goods to the port of destination. The Seller buy the insurance.
The Buyer is responsible for the risks of loss or damage.
DAT

(Delivered At Terminal)

The Seller delivers the goods where the Buyer agrees: in warehouse,
container, road, rail or air terminal.
The Buyer is responsible for the costs, risks and unload the goods.
DAP (Delivered At Place)
The Seller delivers the goods at the Buyers disposal transportation ready
for unloading at the destination. The Seller is responsible for all risks
involved in bringing the goods to the destination.
DDP (Delivered Duty Paid)
The Seller delivers the goods -free of import payment to the Buyer at
destination.

The Seller is responsible for all costs and risks of moving the goods to
destination, including the payment of Customs duties and taxes.