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 Incoterms

CFR Cost & Freight 
CIF Cost, Insurance & Freight
CPT Carriage paid to 
CIP Carriage and Insurance Paid to
DAF Delivered at Frontier -
DES Delivered ex Ship
DEQ Delivered ex Quay (Duty Paid)
DDU Delivered Duty Unpaid
DPP Delivered Duty Paid
FAS Free alongside ship
FOB Free on Board
FCA Free carrier - Franco Transportista
EXW (Ex-works, ex-factory, ex-warehouse, ex-mill.)

EXW

(Ex-works, ex-factory, ex-warehouse, ex-mill.)
The seller has fulfilled its obligation to deliver the goods to put in their factory, workshop, etc.. available to the buyer. It is not responsible or loading goods in the vehicle provided by the buyer or customs clearance for export, unless otherwise agreed in another direction. The buyer bears all risks and costs of removing the merchandise from the seller's home to their final destination. .



incoterms
CIF

Cost, Insurance & Freight - Costo, Seguro y Flete)
Cost, Insurance & Freight - Cost, Insurance and Freight)
The abbreviation is followed by the name of the port of destination and the price includes placing the goods at the port of destination with freight and insurance cover. The seller contracts for insurance and pays the premium. The seller is only required to obtain insurance coverage with minimal.



incoterms
CPT (Carriage paid to - Transporte pagado hasta)
The seller pays the freight transport of goods to the destination mentioned. The risk of loss or damage is transferred from the seller to the buyer when the goods had been delivered to the carrier. The seller must ship the goods for export


incoterms
IPC (Carriage and Insurance Paid to - Transportation and Insurance paid up)
The seller has the same obligations as under CPT, but also should get insurance at their own expense.


incoterms
CFR (Cost & Freight - Costo y Flete)
The abbreviation is followed by the name of the port of destination. The price includes placing the goods at the port of destination, with freight but surely not covered. The seller must ship the merchandise in Customs and can only be used in the case of transport by sea or inland waterways.


Incoterms
DAF (Delivered at Frontier - Entregado en frontera)
The seller complies with its obligation when delivering the goods, customs clearance, in place of the border but before the customs border of the neighboring country. It is essential to indicate precisely the point of the border.


Incoterms
DDP (Delivered Duty Paid - Entregada derechos pagados)
The seller assumes the same obligations as a DDU more duties, taxes and charges needed to bring merchandise to the venue agreed


Incoterms
DDU (Delivered Duty Unpaid - Entregada derechos no pagados)
The seller complies with its obligation when it makes the goods available to the buyer at the named place in the importing country. Seller assumes all the costs and risks associated with the delivery of the goods until that site (excluding rights, official charges and taxes), as well as the costs and risks of carrying out customs formalities.


Incoterms
DEQ [Delivered ex Quay (Duty Paid) - Entregada en muelle (derechos pagados)]
El vendedor cumple con su obligación cuando pone la mercadería a disposición del comprador sobre el muelle en el puerto de destino convenido, despachada en aduana para la importación.


Incoterms
DES (Delivered ex Ship - Entregada sobre buque)
The seller complies with its obligation when it makes the goods available to the buyer on the quay at the port of destination, customs clearance for imports.


Incoterms
FOB (Free on Board - Libre a bordo)
Followed by the port of embarkation, ie. FOB Algeciras. It means that the merchandise is placed aboard the boat with all expenses, fees and risks borne by the seller until the merchandise has gone overboard boat, with freight excluded. It requires the seller to clear the goods for export. This term may be used only for transport by sea or inland waterways.


Incoterms
FAS (Free alongside ship - Libre al costado del buque)
The abbreviation is followed by the name of the port of embarkation. The price of the merchandise means making the course (cost) of the ship at the port agreed on the pier or barge, with all costs and risks to that point by the seller. The buyer must clear the goods for customs purposes. This term may be used only for transport by sea or inland waterways.


Incoterms
FCA (Free carrier - Franco Transportista - libre transportista)
The seller complies with its obligation to put their wares in the place fixed, by the carrier, after their customs clearance for export. If the buyer has not set any specific point, the seller can choose within the area specified point where the carrier will take over the goods. This term may be used with any mode of transport, including multimodal transport.

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