Incoterms 2010

In international trade, businesses use the standard trade definitions - Incoterms 2010 - published by the International Chamber of Commerce (ICC) to describe the risks, responsibilities and obligations of the various parties.

Incoterms 2010 is divided into two groups:

Incoterms 2010 applicable for all modes of transport:

  • EXW Ex Works
  • FCA Free carrier
  • CPT Carriage Paid to
  • CIP Carriage and Insurance Paid to
  • DAT Delivered at Terminal
  • DAP Delivered at Place 
  • DDP Delivered Duty Paid  

Incoterms 2010 only applicable for sea and inland waterway transport:

  • FAS Free Alongside Ship
  • FOB Free On Board
  • CFR Cost and Freight
  • CIF Cost, Insurance and Freight  

Deleted Incoterms

  • DAF Delivered at Frontier
  • DEQ Delivered Ex Quay
  • DES Delivered Ex Ship
  • DDU Delivered Duty Unpaid
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