The document outlines 11 different INCOTERMS related to international trade agreements between buyers and sellers. Each term specifies the responsibilities of the seller in terms of delivery, costs, customs clearance, insurance, and risk of loss or damage. The terms range from EXW meaning the seller's minimum responsibility is to make goods available at their premises, to DDP where the seller is responsible for delivery to the named place and pays all costs including import duties and taxes.
The document outlines 11 different INCOTERMS related to international trade agreements between buyers and sellers. Each term specifies the responsibilities of the seller in terms of delivery, costs, customs clearance, insurance, and risk of loss or damage. The terms range from EXW meaning the seller's minimum responsibility is to make goods available at their premises, to DDP where the seller is responsible for delivery to the named place and pays all costs including import duties and taxes.
The document outlines 11 different INCOTERMS related to international trade agreements between buyers and sellers. Each term specifies the responsibilities of the seller in terms of delivery, costs, customs clearance, insurance, and risk of loss or damage. The terms range from EXW meaning the seller's minimum responsibility is to make goods available at their premises, to DDP where the seller is responsible for delivery to the named place and pays all costs including import duties and taxes.
The document outlines 11 different INCOTERMS related to international trade agreements between buyers and sellers. Each term specifies the responsibilities of the seller in terms of delivery, costs, customs clearance, insurance, and risk of loss or damage. The terms range from EXW meaning the seller's minimum responsibility is to make goods available at their premises, to DDP where the seller is responsible for delivery to the named place and pays all costs including import duties and taxes.
1. EXW – EX WORKS (NAMED PLACE) – EX WORKS (ĐỊA CHỈ NHẬN HÀNG)
What does seller do:
o Pack cargo – Đóng gói hàng hóa o Load cargo to truck o Local transport o Export customs clearance o Pay int’l transport o Pay insurance o Unload from vessel o Import customs clearance o Pay import tax o Unload from truck o Finish risk at departure – Rủi ro kết thúc tại điểm giao hàng o Finish risk at destination
2. FCA – FREE CARRIER (NAMED PLACE) – GIAO HÀNG CHO NGƯỜI
CHUYÊN CHỞ (ĐỊA ĐIỂM Ở BÊN NƯỚC CỦA NGƯỜI BÁN) What does seller do: o Pack cargo – Đóng gói hàng hóa o Load cargo to truck – Bốc hàng lên PTVT o Local transport to named place – Chở hàng đến điểm hẹn o Export customs clearance – Thủ tục hải quan XK o Pay int’l transport o Pay insurance o Unload from vessel o Import customs clearance o Pay import tax o Unload from truck o Finish risk at named place – Rủi ro kết thúc tại điểm giao hàng o Finish risk at destination 3. FAS – FREE ALONGSIDE SHIP (PORT OF LOADING) – GIAO HÀNG DỌC MẠN TÀU (CẢNG BỐC HÀNG – CẢNG ĐI) What does seller do: o Pack cargo o Load cargo to truck o Local transport to POL o Unload from the truck – Dỡ hàng khỏi PTVT o Export customs clearance o Pay int’l transport o Pay insurance o Unload from vessel o Import customs clearance o Pay import tax o Unload from truck o Finish risk at quay of POL – Rủi ro kết thúc tại cầu cảng của cảng đi o Finish risk at destination
4. FOB – FREE ON BOARD (PORT OF LOADING)
What does seller do: o Pack cargo o Load cargo to truck o Local transport to POL o Unload from the truck o Export customs clearance o Pay int’l transport o Pay insurance o Unload from vessel o Import customs clearance o Pay import tax o Unload from truck o Finish risk at departure when on board – Rủi ro kết thúc khi hàng lên tàu ở cảng đi o Finish risk at destination 5. CFR – COST & FREIGHT (PORT OF DESTINATION) What does seller do: o Pack cargo o Load cargo to truck o Local transport o Unload from the truck o Export customs clearance o Pay ocean freight to POD – Trả tiền cước tàu tới cảng đến o Pay insurance o Unload from vessel o Import customs clearance o Pay import tax o Unload from truck o Finish risk at departure when on board o Finish risk at destination
6. CIF – COST INSURANCE FREIGHT (PORT OF DESTINATION)
What does seller do: o Pack cargo o Load cargo to truck o Local transport to POL o Unload from the truck o Export customs clearance o Pay ocean freight o Pay insurance (C) – Mua bảo hiểm o Unload from vessel o Import customs clearance o Pay import tax o Unload from truck o Finish risk at departure when on board o Finish risk at destination 7. CPT – CARRIAGE PAID TO (NAMED PLACE AT BUYER’S COUNTRY) What does seller do: o Pack cargo o Load cargo to 1ST truck o Export customs clearance o Pay int’l transport to named place – Trả tiền cước quốc tế đến điểm hẹn o Pay insurance o Unload from vessel o Import customs clearance o Pay import tax o Unload from truck o Finish risk at departure when on 1st truck o Finish risk at destination
8. CIP – CARRIAGE INSURANCE PAID TO (NAMED PLACE AT BUYER’S)
What does seller do: o Pack cargo o Load cargo to 1 st truck o Export customs clearance o Pay int’l transport o Pay insurance (A) o Unload from vessel o Import customs clearance o Pay import tax o Unload from truck o Finish risk at departure when on 1st truck o Finish risk at destination 9. DAP – DELIVERED AT PLACE (NAMED PLACE AT BUYER’S) What does seller do: o Pack cargo o Load cargo to truck o Local transport o Export customs clearance o Pay int’l transport o Pay insurance (should buy) o Unload from vessel (depends on exact place) o Import customs clearance o Pay import tax o Unload from truck o Finish risk at departure o Finish risk at destination
10. DPU – DELIVERED AT PLACE UNLOADED (NAMED PLACE)
What does seller do: o Pack cargo o Load cargo to truck o Local transport o Export customs clearance o Pay int’l transport o Pay insurance (should buy) o Unload from vessel o Import customs clearance o Pay import tax o Abroad trucking from POD to named place o Unload from truck o Finish risk at departure o Finish risk at destination 11. DDP – DELIVERED DUTY PAID (NAMED PLACE AT BUYER’S) What does seller do: o Pack cargo o Load cargo to truck o Local transport o Export customs clearance o Pay int’l transport o Pay insurance (should buy) o Unload from vessel o Import customs clearance o Pay import tax o Abroad trucking o Unload from truck+ o Finish risk at departure o Finish risk at destination