Incoterms

Incoterms are international rules of interpreting trade terms, which designate international trade conditions, related to loading, transportation, unloading and insurance of goods. These international terms are recognized by governmental authorities and merchants around the world, and define basic rights and obligations of the parties in concluding a deal.

*EXW1 Ex works
*FCA1 Free carrier
*FAS3 Free alongside ship
FOB3 Free on board
CFR4 CIF4 Cost and freight Cost, insurance and freight
CPT2 CIP2 Freight/carriage paid Freight/carriage and insurance paid
*DAF1 Delivered at frontier
DES4 Ex ship
DEQ4 Ex quay (duty paid)
*DDU2 *DDP2 Delivered duty unpaid Delivered duty paid

1 Named place	3 Named port of shipment	Seller's costs	Buyer's cost
2 Named place of destination	4 Named port of destination	Seller's risk	Buyer's risk