This information is provided as a reference guide only; all parties should consult the official Guide to Incoterms published by the International Chamber of Commerce for a full description of their obligations, liabilities, and risks associated with Incoterms.

The current set of Incoterms® is Incoterms 2010. Fun fact… The first edition to the incoterms was published in 1936 and there have been 7 more since with the last one in 2010.

EXW – ex works
FAS – free alongside ship
FCA – free carrier
FOB – free on board
CFR – cost and freight
CIF – cost insurance freight
CPT – carriage paid to
CIP – carriage insurance paid to
DAT – delivered at terminal
DAP – delivered at place
DDP – delivered duty paid


Incoterms 2010 Guide
Changes to Incoterms 2010