Trade Term Knowledge

DDP and DAP (formerly DDU) are widely used in global trade, yet many still struggle to understand their real differences. […]

In international trade, when you negotiate and communicate with your seller, you will definitely use trade terms, such as EXW,

According to statistics, about 70% of China’s exports are traded under FOB terms, and there is a further upward trend.

Shipping terms define what the seller and buyer should do, and who should pay for the costs and bear the

Incoterms are essential to international trades. They will influence the quotation you get from the seller, the shipping of the

Import and export can be profitable businesses. But first, you should know the ins and outs of shipping. One of

When it comes to FCA vs. FOB incoterms, you will find fundamental differences in the transportation mode and arrangements, goods

CIP incoterms are one of the shipping policies by ICC. So how do they impact the shipping between exporters and

Learning about different shipping rules and regulations can help you in numerous ways as an importer and exporter. Shipping depends

International Commercial Terms (Incoterms) are pre-determined trade terms of ICC (the International Chamber of Commerce) to describe the mode of delivery