Under the EXW term, the seller is responsible for making the goods available at their premises. The parties can also agree on another named place such as factory or office. At this point, the buyer takes ownership of the goods as well as handling all costs and risks after the products are collected.

The seller is responsible for delivering the goods to the buyer’s nominated or onto the buyer’s transportation. The seller also organizes the shipping, including export clearance and meeting security requirements. The risk is transferred once the goods are loaded onto the buyer’s transportation. Thus, any damage to the products when on board the vessel is the responsibility of the buyer. The buyer pays the cost of freight, bill of lading fees and insurance, including the unloading and transportation costs to the final destination.

The seller bears the costs of transportation to the buyer’s place of destination. The seller clears the goods for export and delivers them to the carrier or place of destination as instructed by the buyer at the defined place of shipment is where the risk is transferred to the buyer. The seller also is responsible for the transportation costs associated with delivering goods. However, the seller is not responsible for insurance

The seller is required to insure the goods in transit and to pay for the transportation itself. The seller clears the goods for export and delivers them to the carrier or place of destination as instructed by the buyer. The seller is responsible for the transportation costs of the items to the designated place of destination. The risk is transferred to the buyer at the defined place of shipment.

The seller delivers the goods to a named place of destination but is not responsible for unloading. The seller is responsible for packing, export clearance, carriage expenses and any terminal costs up to the agreed destination point. DAP means the buyer is responsible for all costs, duties and taxes associated with unloading the goods.

The seller covers all the costs of transportation (export fees and carriage). Also, at the destination port, the seller pays the unloading from the carrier and the port charges and assumes all the risk until the goods are unloaded at the agreed location. It is suggested that the agreement between the seller and the buyer be as specific as possible, as there is confusion between the old incoterm DAT (Delivered at Terminal).

DDP means the seller bears all risks and costs associated with delivering the goods to the buyer's designated place, customs cleared, delivered and ready for unloading. The seller is liable for clearing the goods through customs in the buyer’s country which includes both duties and taxes. This term places the maximum obligations on the seller and minimum obligations on the buyer. The buyer bears no risk or responsibility until the goods are at the final agreed place.

The seller delivers the goods alongside the buyer’s vessel at the named port of shipment. It means that the buyer bears all costs and risks of loss or damage from that point onward.

The seller bears costs and risks until the goods are loaded onboard of the designated vessel as well as arranging export documentation and clearance. At the same time, the buyer pays the cost of marine freight, bill of lading fees and insurance and is responsible for unloading and local transportation costs from the port of arrival to the final destination.

The seller pays for the carriage of the goods up to the named port of destination. The risk is transferred to the buyer at the country of export, specifically when the goods have been loaded onboard the ship. The shipper pays for export clearance and freight costs to the selected port however the buyer is responsible for the insurance of the goods from the arrival onto the ship at the port of departure.

Similar to CFR, however, the seller must also obtain and pay for the marine insurance against the buyer’s risk of loss or damage to the goods during carriage. Note that the exporter is only required to obtain insurance for minimum coverage.