Incoterms 2020 Guide

WHAT ARE INCOTERMS?

Incoterms are a set of standard operating terms that are used in international trade contracts. The International Chamber of Commerce publishes incoterms in order to simplify the import and export processes as to avoid confusion between various countries of origin and destination.

STANDARD INTERNATIONAL TERMS OF TRADE

If you import or export, you need to know and understand the various Incoterms that are used in international trade. Use our simple chart to help you identify the Incoterms you need to use on your official customs clearance and international trade paperwork.