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DDP Delivered Duty Paid Cost of delivery, including duty, paid up to a named place in the country of importation. Applies to all modes of transport.
DDU Delivered Duty Unpaid As for DDP, except that the buyer pays the import duty.
DEQ Delivered Ex Quay Costs of delivery, duty paid, to the named port of destination. Sea or inland waterway transport only.
DES Delivered Ex Ship Costs of delivery on board the vessel, duty unpaid, at the named port of destination. Sea or inland waterway transport only.
DAF Delivered At Frontier Costs of delivery, duty unpaid at the named point and place at the frontier. Applies to all modes of transport.
CIP Carriage and Insurance Paid Costs of carriage and insurance of the goods, duty unpaid to the named destination. Applies to all modes of transport.
CPT Carriage Paid To As for CIP, except that the cost of insurance is carried by the buyer.
CIF Cost, Insurance and Freight Cost of goods plus insurance and freight, duty unpaid, to a named port of destination. Sea or inland waterway transport only.
CFR Cost and Freight

As for CIF except that the cost of insurance is covered by the buyer.

FOB Free on Board All costs up to delivery over the ship's rail at the named port of shipment. Sea or inland waterway transport only.
FAS Free Alongside Ship All costs up to delivery on quay or in lighters at the named port of shipment. Sea or inland waterway transport only.
FCA Free Carrier Costs of delivery, cleared for export, into the charge of the carrier named by the buyer at the named place or point. Applied mostly to air and rail transport but could be used for all modes.
EXW Ex-Works The goods are made available to the buyer at the exporter's premises, suitably packed unless otherwise arranged for a known means of transport.
 
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