INCOTERMS

INCOTERMS
The chart reflects
the responsibilities
of buyers
and sellers in
international trade.
MODE OF
TRANSPORT
EXW: Ex works
EXW
FCA: Free Carrier
FCA
FAS: Free Alongside Ship
FOB: Free On Board
| Polyvalent
| Polyvalent
FAS
| Maritime
FOB
| Maritime
CPT: Carriage Paid to
CPT
CIP: Carriage and Insurance Paid to
CIP
CFR: Cost and Freight
CIF: Cost, Insurance and Freight
| Polyvalent
| Polyvalent
CFR
| Maritime
CIF
| Maritime
DAT: Delivered at Terminal
DAT
DAP: Delivered at Place
DAP
DDP: Delivery Duty Paid
DDP
| Polyvalent
| Polyvalent
| Polyvalent
Goods
set up
on sale
S
S
S
S
S
S
S
S
S
S
S
Cargo storage
at warehouse
of seller
B
S
S
S
S
S
S
S
S
S
S
Internal
transport at
point of origin
Customs
formalities
for Exports
Handling costs
at point
of origin
B
S
S
S
S
S
S
S
S
S
S
B
S
S
S
S
S
S
S
S
S
S
B
B
B
S
S
S
S
S
S
S
S
S
Seller
Main
transport
means
B
B
B
B
S
S
S
S
S
S
S
B
Buyer
Good’s
Insurance
Handling costs
at destination
point
Customs
formalities
for imports
Internal
transport at
destination
Delivery
of goods
to buyer
B
B
B
B
B
S
B
S
S
S
S
B
B
B
B
B
B
B
B
S
S
S
B
B
B
B
B
B
B
B
B
B
S
B
B
B
B
B
B
B
B
B
S
S
B
B
B
B
B
B
B
B
B
S
S
ARES BILBAO, S.L.U.
Address: Ribera de Axpe 11,
Pab. D2 – Ofc. 103
48950 Erandio – Bizkaia – Spain
Phone: +34 944804640
Fax: +34 944646411
E-mail: aresgroup@aresgroup.net
Branch office: ARES BARCELONA, S.L.U.
Address: Polígono Industrial la Maquinista
Calle Caracas 10 BIS. Pab. D2 – Ofc. 103
08030 Barcelona – Spain
Phone: +34 932769696
Fax: +34 933536952
E-mail: aresbarcelona@aresgroup.net
www.aresgroup.net
NO DISTANCES
FOR US