Incoterms 2020 Lookup
Incoterms 2020, published by the International Chamber of Commerce, define where risk transfers between seller and buyer and who is responsible for freight, insurance, export clearance, and import duties. This lookup covers all eleven rules with the mode of transport each applies to, the point where risk passes, and a plain-English split of seller and buyer obligations.
| CFR | Cost and Freight | Sea / inland waterway | On board vessel at origin port | Export clearance, main freight to named destination port | Insurance, unloading, import duties, onward delivery |
| CIF | Cost, Insurance and Freight | Sea / inland waterway | On board vessel at origin port | Export clearance, main freight and minimum cargo insurance | Unloading, import duties, onward delivery |
| CIP | Carriage and Insurance Paid To | Any mode | Delivery to first carrier | Carriage to named place plus all-risks insurance | Import clearance and duties, delivery beyond named place |
| CPT | Carriage Paid To | Any mode | Delivery to first carrier | Export clearance, carriage to named place | Insurance, import clearance and duties |
| DAP | Delivered at Place | Any mode | At named destination, ready for unloading | All transport to destination | Unloading, import clearance and duties |
| DDP | Delivered Duty Paid | Any mode | At named destination, ready for unloading | All transport, import clearance and duties | Unloading only |
| DPU | Delivered at Place Unloaded | Any mode | After unloading at named destination | All transport plus unloading | Import clearance and duties |
| EXW | Ex Works | Any mode | At seller premises before loading | Make goods available at its premises | Loading, all transport, export and import clearance |
| FAS | Free Alongside Ship | Sea / inland waterway | Alongside vessel at origin port | Delivery alongside vessel, export clearance | Loading, main freight, insurance, import duties |
| FCA | Free Carrier | Any mode | Delivery to buyer's carrier at named place | Export clearance, delivery to carrier | Main freight, insurance, import clearance and duties |
| FOB | Free on Board | Sea / inland waterway | On board vessel at origin port | Export clearance, loading on board | Main freight, insurance, import duties, onward delivery |
Click any column header to sort, and use the filter row to narrow results. Reference dataset for quick lookups. Always verify against the carrier or official source before contractual use.
Frequently Asked Questions
Which Incoterm is best for a first-time importer?
Many first-time importers use FOB or CIF for ocean shipments because the seller handles export clearance and loading, while DAP or DDP shifts nearly everything to the seller at a higher price.
Can I use FOB for air or truck freight?
No. FOB, FAS, CFR, and CIF are sea and inland waterway terms only. For air, road, rail, or multimodal shipments use FCA, CPT, CIP, DAP, DPU, or DDP.