Incoterms define who is responsible for what in international trade. Here's a plain-English overview.
What Are Incoterms?
Incoterms are standardised trade terms that specify responsibilities for shipping, insurance, duties and risk between buyer and seller. Common terms include FOB, CIF and EXW.
Why They Matter
Choosing the right Incoterm clarifies costs and responsibilities, preventing misunderstandings. Buyers should understand what each term includes before agreeing to a deal.
Our team helps buyers choose the right Incoterms and manages shipping so your experience is clear and hassle-free.
Tagi:
incotermsshippingtrade terms