Incoterms 2020 Chart
Quick view of risk and cost allocation
| Term | Transport | Risk transfers | Seller mainly | Buyer mainly |
|---|---|---|---|---|
| EXW | Any mode | Seller's premises | Make goods available | All transport, export, import |
| FCA | Any mode | On carrier nominated by buyer | Export clearance, deliver to carrier | Main carriage, import |
| CPT | Any mode | On first carrier | Carriage to named place | Insurance (optional), import |
| CIP | Any mode | On first carrier | Carriage + insurance (min. ICC A) | Import clearance |
| DAP | Any mode | Named place of destination | Deliver ready for unload | Unload + import clearance |
| DPU | Any mode | Named place after unload | Deliver unloaded | Import clearance |
| DDP | Any mode | Named place of destination | All costs incl. import duty | Unload |
| FAS | Sea / inland waterway | Alongside ship | Place alongside vessel | Load, freight, import |
| FOB | Sea / inland waterway | On board vessel | Load on board + export | Freight, insurance, import |
| CFR | Sea / inland waterway | On board vessel | Freight to destination port | Insurance, import |
| CIF | Sea / inland waterway | On board vessel | Freight + insurance (min. ICC C) | Import clearance |
Disclaimer: Results are for reference only and do not constitute legal, tax or customs advice. Always verify rates and rules with official sources.
How to use
Compare risk transfer and main cost responsibilities under Incoterms 2020. Sea-only terms: FAS/FOB/CFR/CIF. Multimodal: EXW/FCA/CPT/CIP/DAP/DPU/DDP.
FAQ
FOB vs CIF?
Both transfer risk on board. CIF adds freight and minimum insurance paid by seller.