Incoterms define the division of cost and risk between buyer and seller. Use this guide to align expectations before booking freight.

IncotermBuyer responsibilitySeller responsibility
EXW - Ex WorksMost responsibilitiesMinimal responsibility
FCA - Free CarrierMain transport, insuranceExport clearance, delivery to carrier
FOB - Free On BoardOcean freight, insuranceExport clearance, load on vessel
CFR - Cost and FreightInsurance, import dutiesMain carriage to port
CIF - Cost, Insurance & FreightImport dutiesMain carriage + insurance
DAP - Delivered at PlaceImport dutiesDelivery to destination
DDP - Delivered Duty PaidMinimal responsibilityAll duties, delivery, customs

Need help choosing an Incoterm?

We can recommend the right Incoterm for your lane, cargo type, and risk tolerance.

Talk to a specialist