EXW – Ex Works
The product and the invoice must be available to the importer at the exporter's premises. All expenses and any losses and damages from the delivery of the goods, including the dispatch of the goods abroad, are the responsibility of the importer. When requested, the exporter must provide assistance to the importer in obtaining documents for shipping the product. This modality can be used in relation to any means of transport.
FCA – Free Carrier
The exporter delivers the goods, cleared for export, to the carrier's custody, at the place indicated by the importer, ceasing all exporter's responsibilities there. This condition can be used in any type of transport, including multimodal.
FAS – Free Alongside Ship
The exporter's obligations end when placing the goods, already cleared for export, on the pier, free next to the ship's side. From that moment on, the importer assumes all risks, and must also pay the costs of placing the goods inside the vessel. The term is used for maritime or inland waterway transport.
FOB – Free on Board
The exporter must deliver the goods, cleared, on board the ship indicated by the importer, at the port of shipment. This modality is valid for maritime or inland waterway transport. All expenses, up to the moment the product is placed on board the transport vehicle, are the responsibility of the exporter. The importer bears the expenses and risks of loss or damage to the product from the moment it crosses the ship's rail.
CFR – Cost and Freight
The exporter must deliver the goods at the port of destination chosen by the importer. Transport costs are therefore borne by the exporter. The importer must bear the insurance and unloading expenses of the goods. The use of this term obliges the exporter to clear the goods for export and use only maritime or inland waterway transport.
CIF – Cost, Insurance and Freight
Modality equivalent to CFR, with the difference that insurance costs are borne by the exporter. The exporter must deliver the goods on board the ship, at the port of shipment, freight and insurance paid. The exporter's responsibility ceases when the product crosses the ship's rail at the port of destination. This modality can only be used for maritime or inland waterway transport.
CPT – Carriage Paid to…
Similarly to the term CFR, this condition stipulates that the exporter must pay shipping costs for the merchandise and its international freight to the designated destination. In this way, the risk of loss or damage to the goods, as well as any cost increases, are transferred from the exporter to the importer when the goods are handed over to the carrier's custody. This INCOTERM can be used in relation to any means of transport.
CIP – Carriage and Insurance Paid to…
It adopts a principle similar to the CPT. The exporter, in addition to paying the costs of shipping the goods and freight to the place of destination, also bears the costs of transport insurance for the goods to the indicated place of destination. CIP can be used with any mode of transport, including multimodal.
DAT – Delivered At Terminal
this new term was inserted, practically replacing the DEQ and – similarly to the extinct term, establishes that the goods can be placed at the disposal of the buyer (importer), not cleared for import, in a port terminal and introduces the possibility that the goods can also be disposed of to the buyer (importer) in another terminal, outside the port of destination.
DAP – Delivered At Place
This new term was introduced to replace the terms DAF, DES and DDU. With its application, the goods may be made available to the buyer (importer) at the designated port of destination, still inside the carrier ship and before clearance for import, as already occurred with the DES term, or even at any other location , as with the terms DAF, in which the delivery would take place at the designated border and DDU, in which the delivery would be carried out in a place designated by the buyer (importer), however, in any case, before clearance of goods for import.
DDP – Delivered Duty Paid
The exporter undertakes to deliver the goods, cleared for import, at the place designated by the importer, paying all expenses, including taxes and other import charges. It is not the exporter's responsibility, however, to unload the goods. The exporter is also responsible for the internal freight from the place of unloading to the place designated by the importer. This term can be used with any mode of transport. It is the INCOTERM that establishes the highest degree of commitments for the exporter.
Fonte: Comexnews DL
BR
EUA