Pick an Incoterm
| Code | Name | Mode | Risk transfers | Main carriage | Insurance | Export | Import |
|---|---|---|---|---|---|---|---|
| EXW | Ex Works | Any | Buyer's premises / seller's premises | Buyer | Buyer (optional) | Buyer | Buyer |
| FCA | Free Carrier | Any | When goods handed to carrier named by buyer | Buyer | Buyer (optional) | Seller | Buyer |
| FAS | Free Alongside Ship | Sea/inland waterway | Alongside vessel at named port of shipment | Buyer | Buyer (optional) | Seller | Buyer |
| FOB | Free On Board | Sea/inland waterway | On board vessel at named port of shipment | Buyer | Buyer (optional) | Seller | Buyer |
| CFR | Cost and Freight | Sea/inland waterway | On board vessel at port of shipment | Seller pays to dest. port | Buyer (optional) | Seller | Buyer |
| CIF | Cost, Insurance and Freight | Sea/inland waterway | On board vessel at port of shipment | Seller pays to dest. port | Seller (min. cover) | Seller | Buyer |
| CPT | Carriage Paid To | Any | When handed to first carrier | Seller pays to named place | Buyer (optional) | Seller | Buyer |
| CIP | Carriage and Insurance Paid To | Any | When handed to first carrier | Seller pays to named place | Seller (Institute Cargo Clauses A equiv.) | Seller | Buyer |
| DAP | Delivered at Place | Any | At named place of destination (ready for unload) | Seller | Seller (optional) | Seller | Buyer |
| DPU | Delivered at Place Unloaded | Any | At named place after unloading | Seller | Seller (optional) | Seller | Buyer |
| DDP | Delivered Duty Paid | Any | At named place of destination (ready for unload) | Seller | Seller (optional) | Seller | Seller |
Select a term row for a plain-English summary.
Source
ICC Incoterms® 2020 (International Chamber of Commerce). Term names and cost/risk structure as widely summarized in public trade guidance (e.g. trade.gov / CBP educational materials). Incoterms® is a trademark of the ICC — this tool is an educational responsibility matrix, not an official ICC publication. ICC Incoterms overview.
Reference tool only — not legal, medical, financial, or professional advice. Verify against the linked primary source before you rely on a result.
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