It is good to remember this.... The Incoterms or "International Commercial Terms" that helps to clarify responsibilities between the seller and the buyer when negotiating the purchase of goods, considering the different import and export regulations of the origin/destination countries. Ah... how nice is to remember some of what I have learned and what I am passionate about in my career. EXW (Ex Works): Seller makes the goods available at their own premises. Buyer handles all costs and risks from there onwards. FCA (Free Carrier): Seller delivers goods to the carrier nominated by the buyer at a named location. Buyer assumes responsibility from that point. FOB (Free On Board): Similar to FCA, but seller loads the goods onto the buyer's designated vessel at a named port. CFR (Cost and Freight): Seller pays for transporting the goods to the named port of destination, but Buyer bears the risks and any additional costs from there. CIF (Cost, Insurance, and Freight): Similar to CFR, but Seller also pays for minimum insurance against loss or damage during the carriage. DAT (Delivered at Terminal): Seller delivers goods to a named terminal at the destination. Buyer handles unloading and any further costs. DAP (Delivered at Place): Seller delivers goods to a named place (not necessarily a terminal) at the destination. Buyer handles unloading and any further costs. DDP (Delivered Duty Paid): Seller delivers goods to the named place in the destination country, covering all customs clearance and import duties. Source: Camilo Alfonso Garzón López, LinkedIn