The Incoterms

Find more information and explanations on the incoterms below.


What are Incoterms?

Incoterms is the abbreviation for International Commercial Terms. They regulate the responsibility of seller and buyer during joint trade and are recognized worldwide.

How many are there?

There are 11 Incoterms. In 7 of them, the freight is paid by the exporter. In the remaining 4, the importer pays the freight.

Detailed Overview

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