Free Tool

Incoterms® 2020 Selector

Choose the right Incoterm for your shipment. Compare delivery responsibilities, costs, and risk transfer for all 11 ICC Incoterms® 2020 rules.

Select Your Transport Mode

Filter Incoterms by your preferred shipping method

Available Incoterms® (11)

EXW
Group E

Ex Works

Seller makes goods available at their premises. Buyer responsible for everything from pickup.

Seller Risk:Minimum
Buyer Risk:Maximum
Any
Insurance: Buyer
FCA
Group F

Free Carrier

Seller delivers goods to carrier nominated by buyer at named place. Most versatile Incoterm.

Seller Risk:Low
Buyer Risk:High
Any
Insurance: Buyer
FOB
Group F

Free On Board

Seller delivers when goods pass ship's rail at named port of shipment. Sea transport only.

Seller Risk:Low-Medium
Buyer Risk:Medium-High
Sea/Inland Waterway
Insurance: Buyer
CPT
Group C

Carriage Paid To

Seller pays freight to named destination. Risk transfers when goods handed to first carrier.

Seller Risk:Low-Medium
Buyer Risk:Medium-High
Any
Insurance: Buyer (recommended)
CIP
Group C

Carriage and Insurance Paid To

Like CPT plus seller must obtain insurance with minimum ICC A coverage (110% of contract value).

Seller Risk:Low-Medium
Buyer Risk:Medium
Any
Insurance: Seller (minimum ICC A coverage)
CFR
Group C

Cost and Freight

Seller pays freight to destination port. Risk transfers when goods pass ship's rail. Sea only.

Seller Risk:Low-Medium
Buyer Risk:Medium-High
Sea/Inland Waterway
Insurance: Buyer (recommended)
CIF
Group C

Cost, Insurance and Freight

Like CFR plus seller must obtain minimum insurance (ICC C, 110% value). Sea transport only.

Seller Risk:Low-Medium
Buyer Risk:Medium
Sea/Inland Waterway
Insurance: Seller (minimum ICC C coverage)
DAP
Group D

Delivered at Place

Seller delivers when goods ready for unloading at named place. Buyer handles import customs.

Seller Risk:High
Buyer Risk:Low
Any
Insurance: Seller (recommended)
DPU
Group D

Delivered at Place Unloaded

Seller delivers and unloads goods at named place. Only Incoterm requiring seller to unload.

Seller Risk:High
Buyer Risk:Low
Any
Insurance: Seller (recommended)
DDP
Group D

Delivered Duty Paid

Seller responsible for all costs and risks until goods delivered. Maximum obligation for seller.

Seller Risk:Maximum
Buyer Risk:Minimum
Any
Insurance: Seller (recommended)
FAS
Group F

Free Alongside Ship

Seller delivers when goods placed alongside vessel at named port. Buyer arranges loading.

Seller Risk:Low
Buyer Risk:High
Sea/Inland Waterway
Insurance: Buyer

Select an Incoterm to View Details

Click on any Incoterm above to see detailed responsibilities, costs, and usage recommendations.

Understanding Incoterms® 2020

Incoterms® (International Commercial Terms) are a set of 11 internationally recognized rules published by the International Chamber of Commerce (ICC). They define the responsibilities of buyers and sellers in international trade transactions.

The 11 Incoterms® 2020 Rules

Group E - Departure (Minimum Seller Obligation)

  • EXW (Ex Works): Seller makes goods available at their premises. Buyer responsible for all transportation, insurance, and costs.

Group F - Main Carriage Unpaid

  • FCA (Free Carrier): Seller delivers goods to carrier nominated by buyer. Suitable for all transport modes.
  • FAS (Free Alongside Ship): Seller delivers when goods are placed alongside the vessel. Sea and inland waterway transport only.
  • FOB (Free On Board): Seller delivers when goods pass the ship's rail. Sea and inland waterway transport only.

Group C - Main Carriage Paid

  • CPT (Carriage Paid To): Seller pays freight to named destination. Risk transfers when goods handed to first carrier.
  • CIP (Carriage and Insurance Paid To): Like CPT plus seller must obtain insurance. Suitable for all transport modes.
  • CFR (Cost and Freight): Seller pays freight to destination port. Sea and inland waterway transport only.
  • CIF (Cost, Insurance and Freight): Like CFR plus seller must obtain insurance. Sea and inland waterway transport only.

Group D - Arrival (Maximum Seller Obligation)

  • DAP (Delivered at Place): Seller delivers when goods are ready for unloading at named place. Buyer handles import customs.
  • DPU (Delivered at Place Unloaded): Seller delivers and unloads goods at named place. Only Incoterm requiring seller to unload.
  • DDP (Delivered Duty Paid): Seller responsible for all costs and risks until goods delivered. Maximum obligation for seller.

Key Considerations

🚢 Transport Mode

FAS, FOB, CFR, and CIF are for sea/inland waterway only. All others work for any transport mode.

💰 Cost Allocation

Consider who pays for freight, insurance, and customs duties. This affects your pricing strategy.

⚠️ Risk Transfer

Risk transfer point is crucial. In C-terms, risk transfers before cost responsibility ends.

📋 Insurance

Only CIF and CIP require seller to obtain insurance. For others, consider who should insure.

⚠️ Important Notice

Incoterms® is a registered trademark of the International Chamber of Commerce (ICC). The correct term is "Incoterms® 2020 rules", not "incoterm" or "inco terms". This tool provides general guidance. Always specify the exact Incoterm and version in your contracts and consult with trade professionals for specific situations.

Learn More About Incoterms®

Master all 11 Incoterms® rules with our comprehensive Export Academy course.