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International Trade Office

Marketing Division

got to be NC AG EXPORTS

INCOTERMS - QUICK REFERENCE GUIDE
INCOTERM                   SERVICE EXW                 EX-WORKS FCA                                                Free Carrier FAS                                             Free Alongside Ship FOB                    Free On Board Vessel CFR                     Cost & Freight CIF                 Cost, Insurance & Freight CPT (1)        Carriage Paid to
WHO PAYS WHO PAYS WHO PAYS WHO PAYS WHO PAYS WHO PAYS WHO PAYS
Warehouse storage at point of origin SELLER SELLER SELLER SELLER SELLER SELLER SELLER
Warehouse labor at point of origin SELLER SELLER SELLER SELLER SELLER SELLER SELLER
Export packing SELLER SELLER SELLER SELLER SELLER SELLER SELLER
Loading at point of origin BUYER SELLER SELLER SELLER SELLER SELLER SELLER
Inland Freight BUYER BUYER (3) SELLER SELLER SELLER SELLER SELLER
Port receiving charges BUYER BUYER SELLER SELLER SELLER SELLER SELLER
Forwarders fee BUYER BUYER SELLER (2) SELLER (2) SELLER SELLER SELLER
Loading on ocean carrier BUYER BUYER BUYER SELLER SELLER SELLER SELLER
Ocean/Air Freight charges BUYER BUYER BUYER BUYER SELLER SELLER SELLER
Charges at foreign Port/Airport BUYER BUYER BUYER BUYER BUYER BUYER (3) SELLER
Customs Duties & Taxes abroad BUYER BUYER BUYER BUYER BUYER BUYER BUYER
Delivery charges to final destination BUYER BUYER BUYER BUYER BUYER BUYER BUYER
1)  Risk of loss or damage is transferred from seller to buyer when goods have been delivered to the carrier.
2)  Payment of the freight forwarder's fees can be controversial, depending on the contract of sale.
3)  Responsibility may be either the buyer or the seller.

 

NCDA&CS International Trade Office, Peter Thornton, Assistant Director
Mailing Address: 1020 Mail Service Center, Raleigh NC 27699-1020
Physical Address: 2 W. Edenton Street, Room 411, Raleigh NC 27601
Phone: (919) 707-3153; FAX: (919) 715-0083
Website: www.ncagexports.com