International Trade Terms

Dr. Luz Suplico

De La Salle University-Manila
ATIFTAP
suplicol@dlsu.edu.ph
 Goal

To have a common language in trade

 4 Groups

Departure (E)
Main Carriage Unpaid by the Seller (F)
Main Carriage Paid by the Seller (C)
Arrival at Stated Destination (D)
 Departure

1. Ex Works Factory-most convenient

for exporter
2. Main Carriage Unpaid by the
Seller
2.1 Free Carrier
2.2 Free Alongside the Ship
2.3 Free on Board
3. Main Carriage Paid by the
Seller
3.1 Cost and Freight Port of Destination
3.2 Cost, Insurance and Freight Port of
Destination
3.3 Carriage Paid To Port of Destination
3.4 Carriage and Insurance Paid to Port of
Destination
4. Arrival at Stated Destination

4.1 Delivered at Frontier

4.2 Delivered Ex Ship
4.3 Delivered Ex Quay
4.4 Delivered Duty Unpaid
4.5 Delivered Duty Paid
 What incoterm is the most
convenient for the importer?