EXW (Ex Works)
Definition: The seller makes the goods available at their premises, and the buyer is responsible for organizing the transportation of the goods.
FOB (Free On Board)
Definition: The seller loads the goods onto the vessel at the specified port, and the buyer assumes responsibility for shipping costs from that point onward.
CIF (Cost, Insurance, and Freight)
Definition: The seller covers the cost of the goods, insurance, and freight to transport them to the agreed port.
DDP (Delivered Duty Paid)
Definition: The seller delivers the goods to the specified destination and pays all customs duties and charges.
