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Incoterm 2002

This document outlines the Incoterms 2002, which define common commercial terms used in international trade. It lists 13 different trade terms and specifies who pays for certain costs associated with the transaction, such as storage, freight, duties and taxes, under each term. For example, under EXW (Ex Works) the seller pays for goods, packing and loading at the point of origin while the buyer pays for all subsequent costs. Under FOB (Free On Board) the seller pays for goods, packing, loading and freight to port of shipment while the buyer pays costs for freight overseas and final delivery. [/SUMMARY]

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Thích Đánh Đòn
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294 views1 page

Incoterm 2002

This document outlines the Incoterms 2002, which define common commercial terms used in international trade. It lists 13 different trade terms and specifies who pays for certain costs associated with the transaction, such as storage, freight, duties and taxes, under each term. For example, under EXW (Ex Works) the seller pays for goods, packing and loading at the point of origin while the buyer pays for all subsequent costs. Under FOB (Free On Board) the seller pays for goods, packing, loading and freight to port of shipment while the buyer pays costs for freight overseas and final delivery. [/SUMMARY]

Uploaded by

Thích Đánh Đòn
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Incoterm 2002

TERM
EXW
Ex-Works
FCA
Free
Carrier
FAS
Free
Alongside
Ship
FOB
Free On-
Board
Vessel
CFR
Cost &
Freight
CIF
Cost
Insurance
& Freight
CPT(1)
Carriage
Paid to
Service WhoPays WhoPays WhoPays WhoPays WhoPays WhoPays WhoPays

Warehouse Storage at point of
origin
Seller Seller Seller Seller Seller Seller Seller

Warehouse Labor at point of
origin
Seller Seller Seller Seller Seller Seller Seller
Export Packing Seller Seller Seller Seller Seller Seller Seller
Loading at point of origin Buyer Seller Seller Seller Seller Seller Seller
Inland Freight Buyer Buyer (3) Seller Seller Seller Seller Seller
Port Receiving Charges Buyer Buyer Seller Seller Seller Seller Seller
Forwarders Fee Buyer Buyer Seller (2) Seller Seller Seller Seller
Loading on ocean carrier Buyer Buyer Buyer Seller Seller Seller Seller
Ocean / Air Freight Charges Buyer Buyer Buyer Buyer Seller Seller Seller
Charges at foreign Port /Airpot Buyer Buyer Buyer Buyer Buyer Buyer(3) Seller

Customs, Duties & Taxes
abroad
Buyer Buyer Buyer Buyer Buyer Buyer Buyer

Delivery Charges to final
destination
Buyer Buyer Buyer Buyer Buyer Buyer Buyer


TERM
CIP (1)
Carriage &
Insurance
Paid to
DAF
Delivery at
Frontier
DES
Delivered
Ex-Ship
DEQ
Delivered
Ex - Quay.
Duty
Unpaid
DDU
Delivered
Duty
Unpaid
DDP
Delivered
Duty Paid
Service WhoPays WhoPays WhoPays WhoPays WhoPays WhoPays
Warehouse Storage at point of Origin Seller Seller Seller Seller Seller Seller
Warehouse Labor At Point of Origin Seller Seller Seller Seller Seller Seller
Export Packing Seller Seller Seller Seller Seller Seller
Loading at Point of Origin Seller Seller Seller Seller Seller Seller
Inland Freight Seller Seller Seller Seller Seller Seller
Port Receiving Charges Seller Seller Seller Seller Seller Seller
Forwarders fee Seller Seller Seller Seller Seller Seller
Loading on Ocean Carrier Seller Seller Seller Seller Seller Seller
Ocean / Freight Charges Seller Seller Seller Seller Seller Seller
Charges at Foreign port / Airport Seller Seller Buyer Seller Seller Seller
Customs, Duties & Taxes abroad Buyer Buyer Buyer Buyer(4) Buyer Seller
Delivery Charges to final destination Buyer Buyer Buyer Buyer Seller Seller

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