Incoterms

Chart listing 2010 Incoterms as well related responsibilities between buyers and sellers.

Incoterms 2010 Reference Chart

Incoterms rules allocate responsibilities between sellers and buyers for certain tasks, costs and risks involved in the delivery of goods from sellers to buyers.

Shippers worldwide use standard trade definitions (called Incoterms) to spell out who’s responsible for the shipping, insurance, and tariffs on an item; they’re commonly used in international contracts and are protected by International Chamber of Commerce (ICC). Incoterms significantly reduce misunderstandings among traders and thereby minimize trade disputes and litigation. Familiarize yourself with Incoterms so you can choose terms that will enable you to provide excellent customer service and clearly define who is responsible for which charges.

Last Published: 3/21/2018

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