DDU——Delivered Duty Unpaid Delivered Duty Unpaid is an international trade term indicating that the seller is responsible for making a safe delivery of goods to a named destination, paying all transportation expenses and assuming all risks during tra…

CIF —— Cost Insurance and Freight The seller has responsibility for the cost of the goods in transit, providing minimum insurance and paying freight charges to move the goods to a destination chosen by the buyer. The seller also needs to provide the …

When you buy or sell goods across national boundaries, seller and buyer must have a clear understanding of the terms for moving those goods to their destination. EXW, FOB, CIF and DDU are commonly used agreement models for international shipping. Eac…