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Incoterms

Incoterms rules

The Incoterms rules divide cost, risk and responsibility between buyer and seller. These pages explain what each commonly used rule means in practice.

How to use this reference

What these pages are

The Incoterms rules are published by the International Chamber of Commerce. Their text is copyrighted, so these pages do not reproduce it. What they offer is original explanation of what each rule means for a shipment and where it commonly causes confusion.

For the authoritative wording, and for the obligations set out in full, go to the International Chamber of Commerce. The rules are revised periodically, so the edition named in a contract matters.

Complete published set

Rules covered so far.

11 rules in this reference.

  1. ruleEXWWhat this rule means in practice
  2. ruleFCAWhat this rule means in practice
  3. ruleCPTWhat this rule means in practice
  4. ruleCIPWhat this rule means in practice
  5. ruleDAPWhat this rule means in practice
  6. ruleDPUWhat this rule means in practice
  7. ruleDDPWhat this rule means in practice
  8. ruleFASWhat this rule means in practice
  9. ruleFOBWhat this rule means in practice
  10. ruleCFRWhat this rule means in practice
  11. ruleCIFWhat this rule means in practice

Use the reference

Apply the definition to the actual contract and shipment.

A reference explains the role of a rule or document. The applicable edition, terms and requirements still need to be confirmed for the case.

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