Incoterms are divided into four (4) categories:
| Group E | EXW | Ex Works (named place) |
| Group F | FCA | Free Carrier (named place) |
| FAS | Free alongside Ship (named port of shipment) | |
| FOB | Free On Board (named port of shipment) | |
| Group C | CFR | Cost and Freight (named port of destination) |
| CIF | Cost Insurance and Freight (named port of destination) | |
| CPT | Carriage Paid To (named place of destination) | |
| CIP | Carriage Insurance Paid To (named place of destination) | |
| Group D | DAF | Delivered at Frontier (named place) |
| DES | Delivered Ex Ship (named port of destination) | |
| DEQ | Delivered Ex Quay (named port of destination) | |
| DDU | Delivered Duty Unpaid (named place of destination) | |
| DDP | Delivered Duty Paid (named place of destination) |
| All modes of transport including multi-modal | |
|---|---|
| EXW - Ex Works | |
| FCA - Free Carrier | |
| CPT - Carriage Paid To | |
| CIP - Carriage and Insurance Paid To | |
| DAF - Delivered at Frontier | |
| DDU - Delivered Duty Unpaid | |
| DDP - Delivered Duty Paid | |
| Sea and inland waterway transport only | |
|---|---|
| FAS - Free Alongside Ship | |
| FOB - Free Onboard | |
| CFR - Cost and Freight | |
| CIF - Cost, Insurance, and Freight | |
| DES - Delivered Ex Ship DEQ - Delivered Ex Quay | |
EX Works means that the seller delivers when he places the goods at the disposal of the buyer at the seller's premises or another named place (i.e. Factory, warehouse, premises) not cleared for export and not loaded on any collecting vehicle. This term thus represents the minimum obligation for the seller (exporter), and the buyer (importer) has to bear all costs and risks involved in taking the goods from the seller's premises. However, if the parties wish the seller (exporter) to be responsible for the loading of the goods on departure and to bear the risks and all the costs of such loading, this should be made clear by adding explicit wording to this effect in the contract of sale
Seller delivers when goods, cleared for export, to the carrier nominated by the buyer at a named place. Term may be used irrespective of the mode of transport. Seller obligated to load goods on arriving vehicle if it arrives at the seller's premises. Seller not obliged to unload goods from his vehicle.
Seller delivers when goods, cleared for export, are placed alongside the vessel Seller obliged to clear goods for export. The buyer bears all costs and risks of loss or damage to the goods from that moment. Terms can be used for sea or inland waterway transport only.
Seller delivers when goods, cleared for export, pass the ship's rail at the named port of shipment. The buyer bears all costs and risks of loss or damage to the goods from that point. Term can be used for sea or inland waterway transport only. If intent is not to deliver goods across the ship's rail, use FCA.
Seller delivers when goods, cleared for export, pass the ship's rail at the named port of shipment. The seller pays the costs and freight necessary to bring goods to port of destination, but the buyer bears the risk of loss and additional costs occurring after delivery. Term can be used for sea or inland waterway transport. If intent is not to deliver goods across the ship's rail, use CPT.
Seller delivers when goods, cleared for export, pass the ship's rail at the named port of shipment. The seller pays the costs and freight necessary to bring goods to port of destination, but the buyer bears the risk of loss and additional costs occurring after delivery. The seller procures marine insurance, against buyer's risk of loss. Seller is required to obtain insurance only on minimum cover. Term can be used for sea or inland waterway transport. If intent is not to deliver goods across the ship's rail, use CIP.
Seller delivers the goods, cleared for export, to the carrier. The seller pays the costs of carriage necessary to bring goods to named destination, but the buyer bears the risk of loss and additional costs occurring after delivery. Term may be used irrespective of mode of transport.
Seller delivers the goods, cleared for export, the carrier. The seller pays the costs of carriage to named destination, but the buyer bears the risk of loss and additional costs occurring after delivery. The seller procures insurance against buyer's risk of loss. Seller is required to obtain insurance only on a minimum cover. Term may be used irrespective of mode of transport.
Seller delivers goods, cleared for export, at disposal of buyer on arriving means of transport. Not unloaded, not cleared for import at point at frontier before customs border of adjoining country. Term may be used irrespective of the mode of transport when goods are delivered at a land frontier. If delivery is to take place in the port of destination, DES or DEQ should be used.
Seller delivers goods at disposal of buyer on board the ship. Not cleared for import at the named port of destination.
Seller delivers goods, not cleared for import, at disposal of buyer on the quay at the named port of destination. Seller bears all costs and risks to bring goods to the named port of destination and discharging the goods on the quay. Term used only for delivery by sea.
Seller delivers goods to the buyer, not cleared for import, and not unloaded, at the named place of destination. Seller bears all costs and risks (except duty) to bring goods to the named place of destination. Term may be used irrespective of mode of transport. If delivery is to take place at the port, quay or on board a vessel, DES or DEQ should be used.
Seller delivers goods to the buyer, cleared for import, and not unloaded, at the named place of destination. Seller bears all costs and risks, including import duty, to bring goods to the named place of destination. Term may be used irrespective of mode of transport. If delivery is to take place at the port, quay or on board a vessel, DES or DEQ should be used.
