Glossary

Incoterms®

Incoterms® are an agreement between the seller and the buyer, defining who arranges for the payment and handling of goods.

准备好开始了吗?

Flexport makes shipping your cargo transparent, reliable, and affordable

What Are Incoterms®?

Incoterms® are terms of sale that define who arranges for the payment and handling of the goods during shipping, from the moment the goods leave the seller’s door, up until their arrival at the buyer’s final destination.

“Incoterms®” is shorthand for “International Commercial Terms” as defined by the International Chamber of Commerce and they are revised from time to time.

On September 2019, the ICC published the latest edition of the Incoterms®, commonly known as “Incoterms® 2020," which brought a few material changes to the Incoterms®. Beginning on 1 January 2020, the Incoterms® 2020 will be applied to all contracts of sale unless the parties specify that they would like to continue using Incoterms® 2010. The switch to Incoterms® 2020 is NOT mandatory, so it’s possible that some clients will continue to use Incoterms® 2010.

Incoterms® are an agreement between the seller and the buyer.

It is ultimately up to the buyer and the seller to agree on each party's responsibility of cost and risk before the shipment begins.

For more information about Incoterms®, see A Quick Guide to Incoterms®.


Learn More

Related Help Articles

A Quick Guide to Incoterms®

What are Common Incoterms® for US Export Shipments?

Related Glossary Terms

Importer of Record

Bill of Lading (BOL or B/L)

Resources

Incoterms® Explained

Share the Article

More From Flexport

arrowImagearrowImage

准备好开始了吗?

注册 Flexport 账号或要求查看我们的行动平台。

关注微信公众号阅读每周的航运市场动态。

立即扫描二维码关注 Flexport。

flexport-wechat
法律声明

美国清关服务由 Flexport 全资子公司且为美国持牌报关行的 Flexport Customs LLC 提供。国际海运代理服务由具有无船承运人资质 (FMC#025219NF) 的 Flexport International LLC 提供。美国内陆拖车服务由具有 FMCSA 代理牌照 (USDOT #2594279 和 MC #906604-B) 的 Flexport International LLC 提供。所有交易均适用Flexport 之标准条款 (详情请访问 cn.flexport.com/terms)。 沪ICP备16041494号

© 2020 Flexport, Inc. 版权所有

使用条款/隐私政策