Incoterms 2000

The following chart summarizes the responsibilities of both the buyer and seller for each of the current 13 Incoterms. In addition, a definition for each term is included at the bottom of the page.

The 13 Incoterms

Origin Terms

EXW -Ex-Works, named place where shipment is available to the buyer, not loaded.
The seller will not contract for any transportation.

International Carriage NOT Paid by Seller

FCA -Free Carrier, unloaded at the seller's dock OR a named place where shipment is available to the international carrier or agent, not loaded.
This term is used for any mode of transportation.

FAS -Free Alongside ship, named ocean port of shipment.
This term can be used only for sea or inland waterway transport.

FOB -Free On Board vessel, named ocean port of shipment.
This term can be used only for sea or inland waterway transport.

International Carriage Paid by the Seller

CFR -Cost and Freight, Named ocean port of destination.
This term can be used only for sea and inland waterway transport.

CIF -Cost, Insurance and Freight, named ocean port of destination.
This term can be used only for sea and inland waterway transport.

CPT -Carriage Paid To, named place or port of destination..
This term may be used irrespective of the mode of transport including multimodal transport.

CIP -Carriage and Insurance Paid To, named place or port of destination.
This term may be used irrespective of the mode of transport, including multimodal transport.

Arrival At Stated Destination

DAF -Delivered At Frontier, named place of destination, by land, not unloaded.
This term may be used irrespective of the mode of transport when goods are to be delivered at a land frontier.

DES -Delivered Ex-Ship, named port of destination, not unloaded
This term can be used only when the goods are to be delivered by sea or inland waterway or multimodal transport on a vessel in the port of destination

DEQ -Delivered Ex-Quay, named port of destination, unloaded, not cleared.
This term can only be used when the goods are to be delivered by sea or inland waterway or multimodal transport on discharging from a vessel onto the quay (wharf) in the port of destination.

DDU -Delivered Duty Unpaid, named place of destination, not loaded, not cleared.
This term is used for any mode of transportation.

DDP -Delivered Duty Paid, named place of destination, not unloaded, cleared.
This term is used for any mode of transportation.