Incoterms 2020 Guide
Click any term to see detailed buyer/seller responsibilities
Click on any Incoterm above to see detailed information
How to Use This Tool
1
Select an Incoterm
Choose from any of the 11 Incoterms 2020 rules.
2
Review Responsibilities
See detailed buyer and seller obligations.
3
Apply to Your Trade
Use our recommendations for your specific situation.
Frequently Asked Questions
What are Incoterms?
Incoterms (International Commercial Terms) are standardized trade terms published by the International Chamber of Commerce (ICC) that define responsibilities between buyers and sellers for delivery of goods under sales contracts.
Which Incoterm should I use?
The best Incoterm depends on your experience, control preferences, and relationship with your trading partner. FOB is common for ocean freight, FCA for containerized cargo, and DDP when sellers want to provide full service.
What changed in Incoterms 2020?
Key changes include: DAT renamed to DPU, FCA allows on-board bill of lading, CIF/CIP now require different insurance levels, and security-related requirements are more explicit.