Calculate shipping costs and understand responsibilities between buyers and sellers with our interactive Incoterm calculator.
Incoterms (International Commercial Terms) define the responsibilities, costs, and risks between buyers and sellers in international transactions. Our calculator helps you understand the financial implications and responsibilities associated with each Incoterm.
The International Chamber of Commerce (ICC) Incoterms® rules define the responsibilities of buyers and sellers in international trade. Below is a quick reference guide to the 11 Incoterms® 2020 rules.
Seller makes goods available at their premises. Buyer is responsible for all transportation costs and risks.
Seller delivers goods to carrier nominated by buyer at seller's premises or another named place.
Seller pays for carriage to named destination, but risk transfers when goods are handed to first carrier.
Like CPT but seller also contracts for insurance cover against buyer's risk of loss/damage during carriage.
Seller delivers when goods are placed at buyer's disposal at named destination, not cleared for import.
Seller delivers and unloads goods at named place of destination, not cleared for import.
Seller is responsible for delivering goods to named destination, cleared for import and with all duties paid.
Seller delivers goods alongside vessel at named port. Buyer bears all costs and risks from that moment.
Seller delivers goods on board the vessel at named port. Risk transfers when goods are on board.
Seller pays costs and freight to bring goods to destination port. Risk transfers when goods are on board.
Like CFR but seller also contracts for insurance cover against buyer's risk during carriage.