Incoterms Guide
🌍 International Trade Guide
Incoterms® 2020
Understand who pays, who arranges transportation, where risk transfers and what the seller or buyer is responsible for under each Incoterms® 2020 rule.
7 Multimodal Rules
For any mode or combination of transport
4 Sea Rules
For sea and inland waterway transport
Seller vs Buyer
Compare costs, obligations and risk
Select an Incoterm
11 Incoterms® 2020 Rules
EXW
Ex Works
Ex Works
Transport
Any Mode
📍
Seller Responsibility
Buyer Responsibility
Risk Transfers
Cost & Responsibility
Seller / Buyer
| Cost / Activity | Seller | Buyer |
|---|
Need help selecting the right Incoterm?
Talk to the VANCHILE SHIPPING LLC freight team
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Important:
Incoterms® define specific responsibilities,
costs and risk allocation between seller and buyer.
They do not by themselves determine ownership/title,
payment terms or every aspect of a sales contract.
Confirm the applicable rule and named place/port in
the sales contract.
