INTERNATIONAL FREIGHT FLOWS

Supplier Inland Export

freight customs

Buyer Inland Import

freight customs
 INCOTERMS

Set of international rules for

interpretation of trade terms used in
foreign trade

Cost [cost include cost of goods and/or

freight & insurance till delivery at
contracted point]

Risks and responsibilities of the Buyer

and Seller

Transfer of Property
 INCOTERMS
Delivery to named port/place
Deliver goods into custody of
freight agent,
carrier or owner
Transport methods:
Rail
Road
Sea
Air
Inland waterway
Multi-modal (combination)
 INCOTERMS 2000
EXW Ex Works
FCA Free Carrier
FAS Free alongside Ship
FOB Free on Board
CFR Cost & Freight
CIF Cost Insurance &
Freight
CPT Carriage Paid to
CIP Carriage Insurance
Paid
DAF Delivered at Frontier
DES Delivered Ex Ship
DEQ Delivered Ex Quay
DDU Delivered Duty
 INCOTERMS 2000
Origin Term (EXW) : {Departure}
Seller only makes goods available at the sellers
own premises

F Terms ( FCA,FAS,FOB)
{Main Carriage Unpaid}
Seller is called upon to deliver the goods to a
carrier
appointed by the purchaser. Seller will be
responsible
only for handing over the goods to the
purchasers
 INCOTERMS 2000
C Terms (CFR,CIF,CPT,CIP)
{Main Carriage Paid}
Seller will be responsible for handing over the
goods
to the purchasers international carrier in the
country of export duly paid for freight and/or
insurance till port of entry/destination in the
importers country
D Terms (DAF,DES,DEQ,DDU,DDP) {Arrival}

Seller will be responsible for handing over the

INTERNATIONAL FREIGHT FLOWS
INCOTERMS 2010
2000
EX FC
W A FO
FAS B

Supplier Inland Export

freight customs
CPT CIF

CIP CFR

DD
P DA DE
DD DA F
S
U T DE
DA
P Q
Buyer Inland Import
freight customs
INTERNATIONAL FREIGHT FLOWS
INCOTERMS 2010
EX FC
W A FO
FAS B

Supplier Inland Export

freight customs
CPT CIF

CIP CFR

DD
P
DA
T
DA
P
Buyer Inland Import
freight customs
 INCOTERMS 2010
EXW Ex Works
FCA Free Carrier
FAS Free alongside
Ship
FOB Free on Board
CFR Cost & Freight
CIF Cost Insurance &
Freight
CPT Carriage Paid to
CIP Carriage
Insurance Paid
DAT Delivered at
 INCOTERMS 2010
Origin Term (EXW) : {Departure}

Seller only makes goods available at the sellers

own premises
F Terms ( FCA,FAS,FOB)
{Main Carriage Unpaid}
Seller is called upon to deliver the goods to a
carrier
appointed by the purchaser. Seller will be
responsible
 INCOTERMS 2010
C Terms (CFR,CIF,CPT,CIP)
{Main Carriage Paid}

Seller will be responsible for handing over the

goods
to the purchasers international carrier in the
country of export duly paid for freight and/or
insurance till port of entry/destination in the
importers country
D Terms (DAT,DAP,DDP) {Arrival}
Seller will be responsible for handing over the