incoterms 2010

all modes

Warehouse Storage,
Labor & Packing

Loading on
Carriage

Terminal
Charges

Ocean/Air
Freight

sellers costs

Buyers costs

Ex-Works

sellers RISK

Buyers RISK

fca
Free Carrier

Free Alongside Ship

Sellers risk / Buyers risk

Buyers RISK

Buyers costs

sellers RISK

Buyers RISK
Buyers costs

sellers RISK

Buyers RISK

cif

Carriage &
Insurance Paid To

Buyers RISK

Buyers RISK

sellers RISK

Buyers RISK

sellers RISK

Delivered at Place

ddp
Delivered Duty Paid

Trans-Border Global Freight Systems, Inc.

2103 Route 9, Round Lake, NY 12151 USA
800.493.9444 www.tbgfs.com

Seller: Bears costs to deliver goods to named place of destination.

Risk Transfer: Once goods are delivered to the origin carrier.
Buyer: Bears costs once goods arrive at destination place.
Insurance: Must be provided by the seller.

Buyers costs

sellers costs

daP

Seller: Bears costs to deliver goods to named place of destination.

Risk Transfer: Once goods are delivered to the origin carrier.
Buyer: Bears costs once goods arrive at destination place.

Buyers costs

sellers costs

Delivered at Terminal

Seller: Bears costs to deliver goods to the named port of destination.

Risk Transfer: Once goods are onboard vessel at origin.
Buyer: Bears costs once goods arrive at destination port.
Insurance: Must be provided by the seller.

Buyers costs

sellers RISK

dat

Seller: Bears costs to deliver goods to the named port of destination.

Risk Transfer: Once goods are onboard vessel at origin.
Buyer: Bears costs once goods arrive at destination port.

Buyers RISK

sellers costs

cip

Seller: Bears costs to deliver goods onboard the origin vessel.

Risk Transfer: Once goods are onboard origin vessel.
Buyer: Bears costs once goods are onboard origin vessel.

Buyers costs

sellers RISK

Cost & Freight

Seller: Bears costs to deliver goods alongside origin vessel.

Risk Transfer: Once goods are delivered alongside origin vessel.
Buyer: Bears costs once goods are delivered alongside origin vessel.

sellers costs

sellers costs

cfr

Carriage Paid To

Seller: Loads goods at premises or bears costs to deliver to origin port/airport.

Risk Transfer: Either at sellers premises or origin port/airport.
Buyer: Either at sellers premises or origin port/airport.

sellers costs

Free Onboard

Delivery to
Destination

Seller: Makes goods available for loading at origin premises.

Risk Transfer: Once goods are made available for loading.
Buyer: Bears costs from origin premises.

Buyers costs

fob

cpt

Duty, Taxes
& Customs
Clearance

Charges on
Arrival

sellers costs / buyers costs

Cost, Insurance,
& Freight

all modes

Inland
Freight

EXW

fas
Sea & inland waterway

Loading
Charges

sellers costs

Buyers costs

sellers RISK

Buyers RISK

sellers costs
sellers RISK
sellers costs
sellers RISK

buyer

seller

Seller: Bears costs to deliver goods (unloaded) at destination terminal.

Risk Transfer: Once goods are unloaded at destination terminal.
Buyer: Bears costs once goods are unloaded at destination terminal.
Seller: Bears costs to deliver goods, ready for unloading, at destination place.
Risk Transfer: Once goods are ready to unload at destination place.
Buyer: Bears costs for importation of goods (duties, taxes, clearance).
Seller: Bears all costs to deliver goods to buyers door.
Risk Transfer: When goods are delivered to the buyers door.
Buyer: Bears no costs in the delivery of the goods.

This chart is designed to provide a basic understanding of buyer and seller responsibilities as per Incoterms 2010. For a more
detailed explanation of each trade item, please visit the International Chamber of Commerce website at www.iccwbo.org