INCOTERMS 2010

Group E Seller places the goods at the disposal of the buyer at the seller's premises or another named place and has minimum obligation and risk!
delivery item seller's premises carrier port of shipment port of destination quay in the port of destination buyer's premises (in the country of destination)

EXW

Ex Works
(..named place)
Transport
The buyer is responsible for arranging carriage.
Risk
Risks are transfered to the buyer when the goods are placed at his disposal.
Costs
Costs are transfered to the buyer when the goods are placed at his disposal.
Customs formalites
The buyer ensures at his own risk and expense all customs formalities for export.
Group F The seller is not responsible for arranging carriage!
delivery item seller's premises carrier port of shipment port of destination quay in the port of destination buyer's premises (in the country of destination)

FCA

Free carrier
(..named place)
Transport
The buyer is responsible for arranging carriage.
Risk
Risks are transferred to the buyer when the goods are delivered to the carrier selected by the buyer at the named place.
Costs
Costs are transferred to the buyer when the goods are delivered to the carrier selected by the buyer at the named place.
Customs formalites
The buyer must obtain all transportation licenses at his own risk and expenses.

FAS

Free Alongside Ship
(..named port of shipment)
Transport
The buyer is responsible for arranging carriage.
Risk
Risks are transferred to the buyer when the goods are placed alongside the vessel at the named port of shipment.
Costs
Cost are transferred to the buyer when the goods are placed alongside the vessel selected by the buyer at the named port of shipment.
Customs formalites

FOB

Free On Board
(..named port of shipment)
Transport
The buyer is responsible for arranging carriage.
Risk
The customer shall be responsible (at its own risk and expense) for securing an import permit and duties relating to goods transported through any country.
Costs
Cost are transferred to the buyer when the goods are placed alongside the vessel selected by the buyer at the named port of shipment.
Customs formalites
The buyer must obtain all transportation licenses at his own risk and expenses.
Group C The seller is responsible for arranging and bearing the cost and freight of carriage, but does not bear the risks related thereto!
delivery item seller's premises carrier port of shipment port of destination quay in the port of destination buyer's premises (in the country of destination)

CFR

Cost and Freight
(..named port of destination)
Transport
The seller is responsible for arranging carriage.
Risk
The risk for any loss or damage is transferred to the customer as soon as the goods are loaded onto a ship.
Costs
The seller bears the costs and freight necessary to deliver the goods to the named port of shipment.
Customs formalites

CIF

Cost, Insurance and Freight
(..named port of destination)
Transport
The seller is responsible for arranging carriage.
Risk
The risk for any loss or damage is transferred to the customer as soon as the goods are loaded onto a ship.
Costs
The seller bears the costs and freight necessary to deliver the goods to the named port of shipment.
Customs formalites

CPT

Carriage Paid To
(..named place of destination)
Transport
The seller is responsible for arranging carriage.
Risk
Risks are transferred to the buyer when the goods are delivered to the first carrier.
Costs
The seller bears the cost and freight necessary to deliver the goods to the named place of destination.
Customs formalites
The seller ensures at his own risk and expense all customs formalities for export.

CIP

Carriage and Insurance Paid To
(..named place of destination)
Transport
The seller is responsible for arranging carriage.
Risk
Risks are transferred to the buyer when the goods are delivered to the first carrier.
Costs
The seller bears the cost and freight necessary to deliver the goods to the named place of destination.
Customs formalites
The seller ensures at his own risk and expense all customs formalities for export.
Group D The terms in this group represent delivery obligations; the seller is obligated to bear all risks and costs of delivering the goods to the named place!
delivery item seller's premises carrier port of shipment port of destination quay in the port of destination buyer's premises (in the country of destination)

DAP

Delivered At Place
(..named place)
Transport
The seller is responsible for arranging carriage.
Risk
The seller shall secure the transfer to the destination terminal.
Costs
The seller shall be responsible for any risks associated with the delivery of goods to the agreed destination that were not incurred on the preceding transport vehicle.
Customs formalites
The seller ensures shall secure at its own risk and expense the processing of export duty.

DAT

Delivered At Terminal
(..names port of destination)
Transport
The seller shall secure the transfer to the destination terminal.
Risk
The risk is transferred to the customer at the point of delivery to the destination terminal.
Costs
The seller bears all costs invelved in delivering goods to the named place of destination not unloaded from any arriving means of transport.
Customs formalites
The seller ensures at his own risk and expense all customs formalities for export.

DDP

Delivered Duty Paid
(..named place of destination)
Transport
The seller is responsible for arranging carriage.
Risk
The seller shall secure the transfer to the destination terminal.
Costs
The seller shall be responsible for any risks associated with the delivery of goods to the agreed destination that were not incurred on the preceding transport vehicle.
Customs formalites
The seller ensures at his own risk and expense any import and export licenses, as well as customs formalities.

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