Buyer vs Seller Responsibilities
Compare how costs, risks and responsibilities are divided under common Incoterms® used for pine wood shipments.
| Incoterm® | Seller Responsibilities | Buyer Responsibilities |
|---|---|---|
| EXW | Makes goods available at the seller's premises. | Handles pickup, export/import arrangements, transport, insurance and risk after collection. |
| FOB | Handles export clearance and delivers goods on board the nominated vessel at the agreed port. | Arranges main ocean freight, insurance if desired, import clearance and onward delivery. |
| CFR | Handles export formalities and pays the freight to the destination port. | Assumes risk once goods are on board and handles insurance if desired, import clearance and onward delivery. |
| CIF | Like CFR, plus arranges and pays for the agreed level of cargo insurance. | Handles import clearance, duties/taxes and onward delivery; risk transfers when goods are on board. |
| DDP | Arranges transport to the named destination and handles export/import formalities, duties and taxes. | Receives the goods at the agreed destination and handles unloading unless otherwise agreed. |
Important: The exact allocation of costs, documents and risk depends on the agreed Incoterm® and named place. We can confirm the appropriate term for your shipment before you place an order.