Wednesday, March 2, 2011

14 Incoterms (International Commerce Terms)

    * Ex-Works
    * Free on Rail (FOR) / Free on Truck (FOT) 
    * Free Carrier (Named Point) FRC
    * Free on Board (FOB)
    * FOA / FOB Airport
    * Cost and Freight (C& F/ CFR)
    * Cost Insurance Freight (CIF)
    * Freight or Carriage paid To (CPT)
    * Freight Carriage and Insurance Paid (CIP)
    * Delivered Ex – Ship (DES)
    * Delivered Ex – Quay (DEQ)
    * Delivered At Frontier (DAF)
    * Delivered Duty Unpaid (DDU)
    * Delivered Duty Paid (DDP)

Export/Import Incoterms, Ex-Works, FOT, FRC, FOB, FOA, CFR, CIF, CPT, CIP, DES, DEQ, DAF, DDU, DDP