📕 Trade Terms Explainer
Plain-language explanation of Incoterms, payment terms and clauses for your exact scenario.
See the quality — a real example
Sample only · no credits usedInput — term + scenario
Buyer wants DDP to Los Angeles but I usually quote FOB Ningbo. What changes, what are the risks, what to check?
Output — explainer (sample)
What it means here
Under DDP you deliver to LA with ALL costs & risks paid — including US import duty, customs clearance and delivery — vs FOB where risk passes at Ningbo port.
Watch-outs for you
You'd need a US importer of record / customs handling; duty mis-estimates eat your margin; you carry risk the whole way.
Before you agree
- Quote in DDP only after pricing duty + clearance + last-mile.
- Confirm who is importer of record.
Explains cost/risk transfer for YOUR exact lane with a pre-commit checklist — practical, not a textbook definition.
Like the result? You're running low on points — top up and keep going →
Sign in to use this tool
Sign in to use (30 free points on signup). Signed-in users run every tool on their account points — nothing to paste.
Sign in →