Incoterms 2020 Defined // What does EXW, FCA, FOB, DAP, DPU,

Exw- Ex-Works Incoterm DefinitionFob – Free on Board Incoterm DefinitionFCA – Free Carrier Incoterm DefinitionCpt – Carriage Paid to Incoterm DefinitionCIP – Carriage and Insurance Paid to Incoterm DefinitionDPU – Delivery Place Unloaded Incoterm DefinitionDap – Delivered at Place Incoterm DefinitionDDP – Delivered Duty Paid Incoterm DefinitionFas – Free Alongside Ship Incoterm DefinitionCFR – Cost and Freight Incoterm DefinitionThe Seller is responsible for delivering all goods to the side of the vessel at the named export port. The seller pays for and assumes all risks until the goods are placed in the port and the seller clears the goods for export. The Buyer then takes on all cost and risk from that point on, including loading the ship. This has one less step than FOB,...