INCOTERMS 2000

EXW

Risk SELLER
Cost SELLER

FCA

BUYER
BUYER

Frit fragtfrer
Free Carrier
Frei Frachtfhrer
Franco transporteur
Risk SELLER
Cost SELLER

FAS

Omkostninger og fragt
Cost and Freight
Kosten und Fracht
Cot et fret
Omk., forsikring, fragt
Cost, Insurance & Freight
Kosten, Versicherung, Fracht
Cot, assurance et fret
Fragtfrit
Carriage Paid to
Frachtfrei
Port pay jusqu
Fragtfrit, inkl. forsikring
Carriage, insurance paid
Frachtfrei Versichert
Port pay, assurance comprise

Risk
Cost

This term can only be used in connection with sea or inland

waterway transport.
Delivery/transfer of risk take place when goods are placed
alongside vessel at named port of shipment.
Cost transfer: Time of Delivery
Clearing goods for export: Seller

BUYER
BUYER

SELLER

BUYER

SELLER

BUYER

SELLER

This term can only be used in connection with sea or inland

waterway transport.
Delivery/transfer of risk take place when goods pass ships
rail at port of shipment named by buyer.
Cost transfer: Time of Delivery
Clearing goods for export: Seller
These terms can only be used in connection with sea or
inland waterway transport. Delivery/transfer of risk take
place when goods pass ships rail at port of shipment
named by buyer. Seller must pay costs and freight necessary to bring goods to named port destination, including
any loading costs if in contract. Under CIF, seller must obtain cargo insurance at own expense to cover buyers risk.

BUYER
SELLER

BUYER

BUYER
SELLER

BUYER

SELLER

BUYER

SELLER

BUYER

Leveret ab skib
Delivered ex Ship
Ab Schi
Rendu ex ship
SELLER

BUYER

SELLER

BUYER

Leveret ab kaj
Delivered ex Quay
Ab Kai
Rendu quai

Leveret told ikke betalt

Delivered Duty Unpaid
Geliefert unverzollt
Rendu droits non acquitts
Leveret told betalt
Delivered Duty Paid
Geliefert verzollt
Rendu droits acquitts

Under CIP, seller must obtain cargo insurance at own expense to cover buyers risk.
Delivery/transfer of risk take place when goods are placed
at disposal of buyer on arriving means of transportation,
not unloaded, at named place of delivery at frontier on
agreed date or within agreed period.
Cost transfer: Time of Delivery
Clearing goods for export: Seller

Leveret grnse
Delivered at Frontier
Geliefert Grenze
Rendu frontire

Risk
Cost

DDU
DDP

SELLER
SELLER

Risk SELLER
Cost

Risk
Cost

DEQ

BUYER

Delivery and transfer of risk take place when gods have

been passed to first carrier. Seller must pay cost and freight
necessary to bring goods to named place of destination including unloading costs. Seller is required to clear goods
for export.

Risk
Cost

DES

BUYER

Frit ombord
Free on Board
Frei an Bord
Franco bord
Risk
Cost

CFR
CIF
CPT
CIP
DAF

If named place is sellers premises, delivery/transfer of

risk take place when goods have been loaded on mode
of transport provided by carrier nominated by buyer. If
named place is outside sellers premises, delivery/transfer
of risk take place when goods are placed at disposal of carrier nominated by buyer not unloaded from sellers mode
of transport. Cost transfer: Time of Delivery

Frit ved skibsside

Free along side Ship
Frei lngsseits Seeschi
Franco le long du navire
Risk
Cost

FOB

Delivery/transfer of risk take place when seller places

goods at disposal of buyer at sellers premises or another
named place (e.g. factory, warehouse etc.) not loaded on
collecting vehicle.
Cost transfer: Time of Delivery
Clearing goods for export: Buyer

Ab fabrik
Ex Works
Ab Werk
Alusine

SELLER

BUYER

SELLER

BUYER

These terms can only be used in connection with sea or

inland waterway transport. Delivery/transfer of risk take
place when goods are placed at disposal of buyer on board
ship at named port of destination.
Cost transfer: Time of Delivery
Clearing goods for export: Seller
These terms can only be used in connection with sea or
inland waterway transport. Delivery/transfer of risk take
place when goods are placed at disposal of buyer on the
quay at named port of destination.
Cost transfer: Time of Delivery
Clearing goods for export: Seller
Delivery/transfer of risk take place when goods are placed
at disposal of buyer on arriving means of transportation,
not unloaded, at named place of delivery.
Cost transfer: Time of Delivery
DDU Clearing goods for transport: Seller
DDP Clearing goods for export/import: Seller

Risk
Cost

SELLER

BUYER

SELLER

BUYER

Incoterms 2000 are the rules of the International Chamber of Commerce on the interpretation of trade terms. This
poster illustrates the distribution of risk and cost between seller and buyer in relation to Incoterms 2000.