INCOTERMS 2000


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Incoterms 2000

 

Incoterms are used for determining the costs and risks between buyers and sellers in the international trade.
  • Incoterms define the rights and obligations of the seller and the buyer regarding supply and transport documents, the risk transition between salesman and buyer, as well as the cost division between salesmen and buyers.
  • Incoterms are valid only if they were expressly contractually agreed upon and in the sales contract or eg. in offers, general sales conditions, orders, order confirmations, etc. mentioned or are held in a separate declaration/agreement.

 

INCOTERMS 2000 Overview

 

Description

Place of delivery

EXW Ex works Factory of the salesman
FCA Free carrier Place of the transfer to the carrier
FAS Free alongside ship Alongside sea-going vessel in shipping port
FOB Free on board Sea-going vessel in shipping port
CFR Cost and Freight Sea-going vessel in shipping port
CIF Cost, Insurance and Freight Sea-going vessel in shipping port
CPT Carriage paid to... Place of transfer to the first carriert
CIP Carriage and inusrance paid to.. Place of transfer to the first carriert
DAF Delivered at frontier Destination at the border
DES Delivered ex ship Vessel in port of arrival
DEQ Deliverd ex quay (duty paid) Dock of the port of arrival
DDU Delivered duty unpaid Destination
DPP Delivered duty paid Destination
H. Roesinger & Partner LTD · International Trading Company · 6, Rue de l’Hotel de ville · F-68330 Huningue