Foreign trade training

Foreign trade training

Methods of buying goods

The methods of buying goods based on Incoterms 2000 are as follows:

(EXW) Delivery of goods at work (EX WORKS)

(FOB) Delivery of ship deck goods at origin (FREE ON BOARD)

(FAS) Delivery of goods by ship (FREE AL ONGSIDE SHIP)

(FCA) FREE CARRIER

(CFR) Prices of goods and fares to the destination port(COST AND FREIGHT)

(CIF) Prices of goods, fares and insurance to the destination port (COST, INSURANCE AND FREIGHT)

(CPT) CARRIAGE PAID TO

(DAF) DELIVERED AT FRONTIER : Delivery of goods on board the ship at the port of destination

DELIVERED EX SHIP: Delivery of goods on the dock at the port of destination

(DDU) (DELIVERED EX QUAY) :  Delivery of goods to the place of destination without clearance and payment of customs duties and taxes

DELIVERED DUTY UNPAID  : Delivery of goods at the designated place of destination with clearance and payment of customs duties and taxes