Tools
Incoterms® 2020 Guide
Know exactly where cost and risk pass from seller to buyer. Our free, printable chart covers all 11 Incoterms® 2020 rules, plus a quick-reference table of who handles freight, insurance and customs clearance.
What’s inside
Risk transfer chart for all 11 rules, from EXW to DDP
Where the seller still pays freight after risk has passed (CFR, CIF, CPT, CIP)
Who handles main carriage, insurance, and export and import clearance
Updated for Incoterms® 2020, with DPU replacing DAT
PDF · 2 pages · Landscape letter, print-ready
The 11 rules at a glance
EXW
Any mode
Ex Works
Risk passes when goods are made available at the seller’s premises.
FCA
Any mode
Free Carrier
Risk passes when goods are handed to the buyer’s carrier at the named place.
FAS
Sea / inland
Free Alongside Ship
Risk passes when goods are alongside the vessel at the port of shipment.
FOB
Sea / inland
Free On Board
Risk passes when goods are loaded on board at the port of shipment.
CFR
Sea / inland
Cost and Freight
Risk passes on board at origin; the seller still pays freight to the destination port.
CIF
Sea / inland
Cost, Insurance and Freight
Like CFR, plus the seller buys minimum cargo insurance for the buyer.
CPT
Any mode
Carriage Paid To
Risk passes at the first carrier; the seller pays carriage to the named destination.
CIP
Any mode
Carriage and Insurance Paid To
Like CPT, plus the seller buys broad all-risks cargo insurance.
DAP
Any mode
Delivered at Place
Risk passes at the named destination, ready for unloading.
DPU
Any mode
Delivered at Place Unloaded
Risk passes once goods are unloaded at the named destination.
DDP
Any mode
Delivered Duty Paid
The seller delivers import-cleared with duties paid, carrying all risk to the destination.
Not sure which Incoterm fits your shipment?
Our customs brokerage and freight forwarding team can review your terms of sale, routing and insurance before you sign.
Incoterms® is a registered trademark of the International Chamber of Commerce (ICC). This guide is an independent summary of the Incoterms® 2020 rules, is not affiliated with or endorsed by the ICC, and is provided for general information only. It is not legal advice.