English and abbreviations | Chinese full name | Trading locations | Risk division | Export declaration | Import declaration | Applicable mode of transportation | Price marked |
Ex Works EXW | ex factory | seller premises | After the buyer takes over the goods | buyer | buyer | Various modes of transportation | Designated place |
Free Carrier FCA | free carrier | Export domestic mainland and port stipulated in the contract | After the carrier takes over the cargo | The seller | buyer | ditto | ditto |
Free Alongside Ship FAS | FOB | port of shipment | After the cargo is delivered to the side of the ship | The seller | buyer | sea transport, inland water transport | Shipping port name |
Free on Board FOB | FOB | port of shipment on board | cargo loaded on board | The seller | buyer | ditto | ditto |
Cost & Freight CFR/CNF/C&F | cost plus freight | ditto | ditto | The seller | buyer | ditto | Destination port name |
Cost Insurance and Freight CIF | cost plus insurance plus freight | ditto | ditto | The seller | buyer | ditto | ditto |
Carriage Paid To CPT | freight paid to | Export domestic ports stipulated in the contract | After the carrier takes over the cargo | The seller | buyer | Various modes of transportation | destination name |
Carriage & Insurance Paid To CIP | Freight, insurance paid to | ditto | ditto | The seller | buyer | ditto | ditto |
Delivered at Frontier DAF | border delivery | Designated place on the border between the two countries | After the buyer takes over the goods | The seller | buyer | Mostly used for land transportation | border designation point |
Delivered ex Ship DES | FOB | port of destination | After the buyer receives the goods on board | The seller | buyer | Multimodal transport of sea transport, inland water transport and FOB at the port of destination | Destination port name |
Delivered ex Quay DEQ | Delivery at port of destination | port of destination | After the buyer receives the goods at the port of destination | The seller | buyer | ditto | ditto |
Delivered Duty Unpaid DDU | DEP | Designated place of importing country | After the buyer receives the goods at the designated place | The seller | buyer | any mode of transport | destination name |
Delivered Duty Paid DDP | DEP | ditto | ditto | The seller | The seller | ditto | ditto |