International Commercial Terms - Complete guide to the 11 official Incoterms rules that define responsibilities, costs, and risks between buyers and sellers in international trade.
Incoterms® (International Commercial Terms) are a set of 11 internationally recognized rules published by the International Chamber of Commerce (ICC). They define the responsibilities of sellers and buyers for the delivery of goods under sales contracts for international trade.
Define who does what in the transaction
Determine who pays for what
Specify when risk passes between parties
These 7 Incoterms can be used regardless of the mode of transport and whether or not more than one mode of transport is used.
These 4 Incoterms are specifically designed for sea and inland waterway transport where the point of delivery is a port.
Click on any Incoterm to see detailed responsibilities, cost allocation, and risk transfer visualization.
Free On Board
Origin
Transfer Point
Destination
Any Mode of Transport
Note: EXW places maximum obligation on the buyer and minimum obligation on the seller.
Any Mode of Transport
Popular: FCA is one of the most commonly used terms for containerized cargo.
Any Mode of Transport
Sea and Inland Waterway Transport Only
Most Popular: CIF is one of the most commonly used Incoterms for sea freight.
Sea and Inland Waterway Transport Only
Very Popular: FOB is widely used and well-understood in international sea trade.
Any Mode of Transport
Maximum Obligation: DDP places maximum obligation on the seller and minimum on the buyer - opposite of EXW.
Our logistics experts can guide you in selecting the most appropriate Incoterm for your shipment and explain the implications for costs, risks, and responsibilities.