Choose the rule with the transport mode in mind

The rules are not interchangeable: some are for sea and inland-waterway transport, while others can be used with any mode. Confirm the named place of delivery or destination, since it affects costs and transfer of risk.

Understand what an Incoterm does not cover

An Incoterm does not by itself determine transfer of title, price, payment, dispute resolution or every required document. These matters belong in the sales contract.

Specify place, edition and responsibilities

Name the place or port precisely and state “Incoterms® 2020”. Align transport, insurance, export, import and delivery with each party’s capabilities and the route.

Introductory guides to international trade processes, risks and decisions. Content is not a substitute for operation-specific technical, legal, tax or customs advice.

Official sources and further reading