International transportation is a complex business, and Incoterms® – the universal rules that govern international trade – are no exception.
The latest iteration, Incoterms 2020, contains 11 rules for standardized global trade, defining the most important responsibilities of buyers and sellers in international sales contracts. Learning each rule – and when and where each rule applies – is a daunting task.
That’s why we’ve built this overview chart: to help you determine which Incoterms apply to your sale and purchase contracts.
Download our guide, “Incoterms 2020 – Transport obligations costs and risks,” and keep it handy as a reference for the next time you’re drafting an international sale.