{"id":6549,"date":"2025-10-01T11:10:02","date_gmt":"2025-10-01T15:10:02","guid":{"rendered":"https:\/\/alfiniti.com\/?page_id=6549"},"modified":"2025-10-03T06:12:52","modified_gmt":"2025-10-03T10:12:52","slug":"incoterms-overview-pdf","status":"publish","type":"page","link":"https:\/\/alfiniti.com\/fr\/incoterms-overview-pdf\/","title":{"rendered":"Overview: Incoterms 2020 &amp; PDF"},"content":{"rendered":"<div class=\"gb-container gb-container-b3f77629\">\n<div class=\"gb-grid-wrapper gb-grid-wrapper-841ff0af\">\n<div class=\"gb-grid-column gb-grid-column-1cfac482\"><div class=\"gb-container gb-container-1cfac482\">\n\n<p>This page provides a quick overview of Incoterms\u00ae 2020\u2014how costs, risks, insurance, and compliance responsibilities transfer between buyers and sellers in international (and some domestic) shipments. For Alfiniti orders, we most commonly use EXW, FOB, DAP, and CIP. Use this as practical guidance; always refer to the <a href=\"https:\/\/iccwbo.org\/business-solutions\/incoterms-rules\/?utm_source=chatgpt.com\" target=\"_blank\" rel=\"noreferrer noopener\">official ICC text for the complete rules<\/a>. Incoterms\u00ae is a registered trademark of the <a href=\"https:\/\/business.gov.nl\/international\/international-transport\/icc-incoterms-terms-of-delivery\/?utm_source=chatgpt.com\" target=\"_blank\" rel=\"noreferrer noopener\">International Chamber of Commerce (ICC).<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">How to read this guide<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Delivery &amp; risk:<\/strong> The precise point where risk transfers from seller to buyer.<\/li>\n\n\n\n<li><strong>Costs:<\/strong> Who pays for which stage (export, main carriage, import).<\/li>\n\n\n\n<li><strong>Documents &amp; insurance:<\/strong> Typical documents; when insurance is required or optional.<\/li>\n\n\n\n<li><strong>Customs:<\/strong> Who handles export and import clearance.<\/li>\n<\/ul>\n\n<\/div><\/div>\n\n<div class=\"gb-grid-column gb-grid-column-7cb43c79\"><div class=\"gb-container gb-container-7cb43c79\">\n<div class=\"gb-container gb-container-c2c61661 contact-box-container contact-box-pdf-page\">\n<div class=\"gb-grid-wrapper gb-grid-wrapper-5fbb044c\">\n<div class=\"gb-grid-column gb-grid-column-9df871a9\"><div class=\"gb-container gb-container-9df871a9\"><div class=\"gb-inside-container\">\n\n<h5 class=\"gb-headline gb-headline-21511560 gb-headline-text\">Speak with an expert!<\/h5>\n\n<\/div><\/div><\/div>\n\n<div class=\"gb-grid-column gb-grid-column-c49a8c51\"><div class=\"gb-container gb-container-c49a8c51 custom-nav\"><div class=\"gb-inside-container\">\n<nav class=\"secondary-navigation\"><div class=\"inside-navigation grid-container grid-parent\"><div class=\"main nav\"><ul class=\"secondary-menu sf-menu\"><li id=\"menu-item-1878\" class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-has-children menu-item-1878\"><a><i class=\"fas fa-phone\"><\/i><\/a>\n<ul class=\"sub-menu\">\n\t<li id=\"menu-item-1879\" class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-1879\"><a href=\"tel:+12523585811\">U.S. (252) 358-5811<\/a><\/li>\n\t<li id=\"menu-item-1880\" class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-1880\"><a href=\"tel:+14186962545\">Canada (418) 696-2545<\/a><\/li>\n<\/ul>\n<\/li>\n<li id=\"menu-item-1881\" class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-1881\"><a href=\"mailto:info@alfiniti.com?Subject=Website%20Inquiry\"><i class=\"fas fa-paper-plane\"><\/i><\/a><\/li>\n<\/ul><\/div><\/div><\/nav>\n\n<\/div><\/div><\/div>\n<\/div>\n<\/div>\n<\/div><\/div>\n<\/div>\n\n\n<div style=\"height:72px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-text-align-center\">Alfiniti, Inc. is the largest <a href=\"\/aluminum-supplier-manufacturer\/\">aluminum manufacturer in North America.<\/a><\/p>\n\n<\/div>\n\n\n<div style=\"height:24px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n<div class=\"gb-container gb-container-c3b9c89b\">\n\n<figure class=\"gb-block-image gb-block-image-a5effaf7\"><img decoding=\"async\" width=\"800\" height=\"512\" class=\"gb-image gb-image-a5effaf7\" src=\"https:\/\/alfiniti.com\/wp-content\/uploads\/2025\/10\/incoterms-2020-graphic.jpg\" alt=\"incoterms 2020 graphic\" title=\"incoterms-2020-graphic\" srcset=\"https:\/\/alfiniti.com\/wp-content\/uploads\/2025\/10\/incoterms-2020-graphic.jpg 800w, https:\/\/alfiniti.com\/wp-content\/uploads\/2025\/10\/incoterms-2020-graphic-300x192.jpg 300w, https:\/\/alfiniti.com\/wp-content\/uploads\/2025\/10\/incoterms-2020-graphic-768x492.jpg 768w, https:\/\/alfiniti.com\/wp-content\/uploads\/2025\/10\/incoterms-2020-graphic-18x12.jpg 18w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/figure>\n\n<\/div>\n\n<div class=\"gb-container gb-container-df3aedc8\">\n\n<h2 class=\"gb-headline gb-headline-f026dc10 gb-headline-text\">Incoterms\u00ae 2020 Explained<\/h2>\n\n\n\n<h4 class=\"wp-block-heading\">EXW \u2014 Ex Works (Named Place)<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Delivery &amp; risk:<\/strong> When goods are placed at seller\u2019s premises (or named place) at buyer\u2019s disposal.<\/li>\n\n\n\n<li><strong>Costs:<\/strong> Buyer pays all transport, loading, export, and beyond.<\/li>\n\n\n\n<li><strong>Documents &amp; insurance:<\/strong> Seller provides commercial invoice; insurance optional, buyer\u2019s choice.<\/li>\n\n\n\n<li><strong>Customs:<\/strong> Buyer handles export and import clearance.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">FCA \u2014 Free Carrier (Named Place)<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Delivery &amp; risk:<\/strong> When seller hands goods to buyer\u2019s carrier at named place (loaded if seller\u2019s premises; otherwise ready for unloading).<\/li>\n\n\n\n<li><strong>Costs:<\/strong> Seller covers export packaging, customs export; buyer pays main carriage onward.<\/li>\n\n\n\n<li><strong>Documents &amp; insurance:<\/strong> Transport document\/receipt from carrier; insurance optional.<\/li>\n\n\n\n<li><strong>Customs:<\/strong> Seller exports; buyer imports.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">CPT \u2014 Carriage Paid To (Named Place of Destination)<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Delivery &amp; risk:<\/strong> Risk transfers at first carrier handover; <strong>costs<\/strong> to named destination are seller-paid.<\/li>\n\n\n\n<li><strong>Costs:<\/strong> Seller pays main carriage; buyer pays import, onward delivery after named place.<\/li>\n\n\n\n<li><strong>Documents &amp; insurance:<\/strong> Proof of delivery\/transport doc; insurance optional.<\/li>\n\n\n\n<li><strong>Customs:<\/strong> Seller exports; buyer imports.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">CIP \u2014 Carriage and Insurance Paid To (Named Place of Destination)<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Delivery &amp; risk:<\/strong> Risk transfers at first carrier, like CPT.<\/li>\n\n\n\n<li><strong>Costs:<\/strong> Seller pays main carriage <strong>and<\/strong> insurance to named place; buyer pays import\/onward.<\/li>\n\n\n\n<li><strong>Documents &amp; insurance:<\/strong> Seller must procure cargo insurance in line with Incoterms\u00ae 2020 (more comprehensive than CIF; typically Institute Cargo Clauses (A), unless agreed otherwise).<\/li>\n\n\n\n<li><strong>Customs:<\/strong> Seller exports; buyer imports.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">DAP \u2014 Delivered at Place (Named Place of Destination)<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Delivery &amp; risk:<\/strong> When goods are placed at buyer\u2019s disposal on arriving vehicle, <strong>ready for unloading<\/strong> at named place.<\/li>\n\n\n\n<li><strong>Costs:<\/strong> Seller pays through delivery to named place; buyer pays unloading, import duties\/taxes.<\/li>\n\n\n\n<li><strong>Documents &amp; insurance:<\/strong> Delivery proof; insurance optional.<\/li>\n\n\n\n<li><strong>Customs:<\/strong> Seller exports; buyer imports.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">DPU \u2014 Delivered at Place Unloaded (Named Place of Destination)<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Delivery &amp; risk:<\/strong> When goods are <strong>unloaded<\/strong> at named place and placed at buyer\u2019s disposal.<\/li>\n\n\n\n<li><strong>Costs:<\/strong> Seller pays through delivery <strong>and unloading<\/strong>; buyer pays import duties\/taxes.<\/li>\n\n\n\n<li><strong>Documents &amp; insurance:<\/strong> Delivery proof; insurance optional.<\/li>\n\n\n\n<li><strong>Customs:<\/strong> Seller exports; buyer imports.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">DDP \u2014 Delivered Duty Paid (Named Place of Destination)<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Delivery &amp; risk:<\/strong> When goods are placed at buyer\u2019s disposal at named place, ready for unloading.<\/li>\n\n\n\n<li><strong>Costs:<\/strong> Seller pays <strong>everything<\/strong>, including import duties\/taxes.<\/li>\n\n\n\n<li><strong>Documents &amp; insurance:<\/strong> Delivery proof; insurance optional.<\/li>\n\n\n\n<li><strong>Customs:<\/strong> Seller handles both export and <strong>import<\/strong> clearance.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\">Incoterms\u00ae for sea and inland waterway transport (4)<\/h3>\n\n\n\n<h4 class=\"wp-block-heading\">FAS \u2014 Free Alongside Ship (Named Port of Shipment)<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Delivery &amp; risk:<\/strong> When goods are placed alongside the vessel at the named port.<\/li>\n\n\n\n<li><strong>Costs:<\/strong> Seller pays pre-carriage to quay; buyer pays loading, ocean freight, insurance, import.<\/li>\n\n\n\n<li><strong>Documents &amp; insurance:<\/strong> Dock receipt; insurance optional.<\/li>\n\n\n\n<li><strong>Customs:<\/strong> Seller exports; buyer imports.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">FOB \u2014 Free on Board (Named Port of Shipment)<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Delivery &amp; risk:<\/strong> When goods are loaded on board the vessel at the named port.<\/li>\n\n\n\n<li><strong>Costs:<\/strong> Seller pays origin and loading; buyer pays ocean freight, insurance, import.<\/li>\n\n\n\n<li><strong>Documents &amp; insurance:<\/strong> On-board bill of lading; insurance optional.<\/li>\n\n\n\n<li><strong>Customs:<\/strong> Seller exports; buyer imports.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">CFR \u2014 Cost and Freight (Named Port of Destination)<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Delivery &amp; risk:<\/strong> Risk transfers on board at port of shipment; seller pays freight to destination port.<\/li>\n\n\n\n<li><strong>Costs:<\/strong> Seller pays ocean freight; buyer pays insurance (if any), import, onward.<\/li>\n\n\n\n<li><strong>Documents &amp; insurance:<\/strong> Bill of lading; insurance optional (buyer\u2019s choice).<\/li>\n\n\n\n<li><strong>Customs:<\/strong> Seller exports; buyer imports.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">CIF \u2014 Cost, Insurance and Freight (Named Port of Destination)<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Delivery &amp; risk:<\/strong> Risk transfers on board at port of shipment; seller pays freight <strong>and<\/strong> insurance to destination port.<\/li>\n\n\n\n<li><strong>Costs:<\/strong> Seller pays ocean freight and minimum insurance (typically Institute Cargo Clauses (C), unless agreed otherwise); buyer pays import\/onward.<\/li>\n\n\n\n<li><strong>Documents &amp; insurance:<\/strong> Negotiable bill of lading plus insurance policy\/certificate.<\/li>\n\n\n\n<li><strong>Customs:<\/strong> Seller exports; buyer imports.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\">Insurance note (CIP vs CIF)<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>CIP:<\/strong> Higher insurance level by default (more comprehensive).<\/li>\n\n\n\n<li><strong>CIF:<\/strong> Minimum insurance by default (more limited).<br>Parties may agree different cover, but it should be stated in the contract.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\">Compliance &amp; legal notice<\/h3>\n\n\n\n<p>This overview is not legal advice and does not replace the official Incoterms\u00ae 2020 rules. For authoritative definitions, consult the ICC and purchase the official publication.<\/p>\n\n\n\n<p><strong>Official resources<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>ICC Incoterms\u00ae rules: iccwbo.org\/business-solutions\/incoterms-rules\/<\/li>\n\n\n\n<li>ICC Store \u2013 Incoterms\u00ae 2020: 2go.iccwbo.org\/incoterms-2020.html<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\">Alfiniti-specific note <\/h3>\n\n\n\n<p>Alfiniti most commonly ships under <strong>EXW, FCA\/FOB, DAP,<\/strong> and <strong>CIP<\/strong>. Sea-only terms (FAS, FOB [sea sense], CFR, CIF) apply when the main carriage is by ocean vessel.<\/p>\n\n<\/div>\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n<div class=\"gb-container gb-container-7d29b119\">\n<div class=\"gb-container gb-container-79992451\">\n\n<h3 class=\"gb-headline gb-headline-88510a59 gb-headline-text\">Need to know about aluminum alloy products?<\/h3>\n\n\n\n<p class=\"gb-headline gb-headline-5b02b277 gb-headline-text\">Check out our <strong><a href=\"\/alloy\/mill-specifications-by-aluminum-alloy\/\">Aluminum Mill Specifications by Alloys<\/a><\/strong> page for a list of all of the alloy products and their key characteristics.<\/p>\n\n<\/div>\n<\/div>\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n<div class=\"gb-container gb-container-4a1ffeb1\">\n<div class=\"gb-grid-wrapper gb-grid-wrapper-cef4a485\">\n<div class=\"gb-grid-column gb-grid-column-b498bbce\"><div class=\"gb-container gb-container-b498bbce\">\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-text-align-center wp-element-button\" href=\"\/wp-content\/uploads\/2025\/10\/An-overview-of-Incoterms-25-1.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">Incoterms Overview PDF<\/a><\/div>\n<\/div>\n\n<\/div><\/div>\n\n<div class=\"gb-grid-column gb-grid-column-a18843fa\"><div class=\"gb-container gb-container-a18843fa\">\n\n<a class=\"gb-button gb-button-a8412980 gb-button-text\" href=\"\/resources-library\/\">&gt; Complete Resource Library<\/a>\n\n<\/div><\/div>\n<\/div>\n<\/div>\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Alfiniti, Inc. is the largest aluminum manufacturer in North America. Incoterms\u00ae 2020 Explained EXW \u2014 Ex Works (Named Place) FCA \u2014 Free Carrier (Named Place) CPT \u2014 Carriage Paid To (Named Place of Destination) CIP \u2014 Carriage and Insurance Paid To (Named Place of Destination) DAP \u2014 Delivered at Place (Named Place of Destination) DPU &#8230; <a title=\"Overview: Incoterms 2020 &amp; PDF\" class=\"read-more\" href=\"https:\/\/alfiniti.com\/fr\/incoterms-overview-pdf\/\" aria-label=\"Read more about Overview: Incoterms 2020 &amp; PDF\">Read more<\/a><\/p>","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"","_seopress_titles_title":"Overview of Incoterms 2020 & PDF%%sep%% North America's Largest Aluminum Manufacturer","_seopress_titles_desc":"Learn the 11 Incoterms\u00ae 2020 rules. Understand buyer and seller responsibilities for cost, risk, and delivery in global aluminum shipments.","_seopress_robots_index":"","inline_featured_image":false,"footnotes":""},"class_list":["post-6549","page","type-page","status-publish"],"acf":[],"_links":{"self":[{"href":"https:\/\/alfiniti.com\/fr\/wp-json\/wp\/v2\/pages\/6549","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alfiniti.com\/fr\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/alfiniti.com\/fr\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/alfiniti.com\/fr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/alfiniti.com\/fr\/wp-json\/wp\/v2\/comments?post=6549"}],"version-history":[{"count":13,"href":"https:\/\/alfiniti.com\/fr\/wp-json\/wp\/v2\/pages\/6549\/revisions"}],"predecessor-version":[{"id":6576,"href":"https:\/\/alfiniti.com\/fr\/wp-json\/wp\/v2\/pages\/6549\/revisions\/6576"}],"wp:attachment":[{"href":"https:\/\/alfiniti.com\/fr\/wp-json\/wp\/v2\/media?parent=6549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}