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4:20
incodocs.com
Incoterms® Explained - The Complete Guide
Incoterms 2010 for global trade simply explained. Read the infographic to understand EXW, FCA, FOB, CFR, CIF, CPT, CIP, DAT, DAP, DDP for import export.
Sep 14, 2018
Incoterms Explained
Confused about Incoterms in International Trade? If you’re into import-export business, you’ve surely come across terms like FOB, CIF, EXW, DDP… but what do they actually mean? Incoterms (International Commercial Terms) are the rules that define buyer and seller responsibilities in global trade. Whether you’re exporting from India to UAE, importing goods into Canada, or managing cross-border logistics, knowing these terms can save you from costly mistakes, hidden charges, and shipping disputes.
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