Under the incoterms 2000, the international commercial terms are grouped into e, f, c and d, designated by the first letter of. Incoterms translation from german into english pons. By letter of 28 february 2000 reproduced in annex i, the secretarygeneral of the international chamber of commerce icc requested the commission to consider endorsing incoterms 2000 for. These terms differ fundamentally from the other eight incoterms exw, fca, fas, fob, cfr, ctp, cif and cip because they are terms used with delivery contracts. The incoterms rules have been updated several times, with the most recent revision in 2010. The following overview shows the incoterms rules since 2000 with which party carries which risks and costs up until when and from where onwards. Also, since the shipper will not receive a bill of lading, using a letter of credit requiring a bill of lading will not be possible. Correctly used, incoterms help increase clarity and certainty. These four terms were combined into dat and dap in incoterms 2010, but remain in use by incoterms 2000 traders. To understand the eleven costs that incoterms define, take a look at the following chart. Incoterms 2000 incoterms 2000 international commercial terms are a series of international sales terms, published by international chamber of commerce icc and widely used in international commercial transactions. Please note that the next edition of the commercial trade terms is coming out in the second half of 2019.
Where the seller makes the goods available to the buyer at the sellers own premises, exw. Itn logistics group incoterms 2000 general overview incoterms are the official international chamber of commerce icc rules for the interpretation of international trade terms that defines the respective roles of the buyer and seller in the arrangement of. Incoterms providing clarity in international trade. Incoterms structure the incoterm as a threeletter acronym is insufficient. The incoterms rules were amended in 1953, 1967, 1976, 1980, 1990, 2000, and 2010 with the ninth version incoterms. Incoterms 2000 incoterms 2000 incoterms or international commerce terms is a series of international sales terms that is widely used throughout the world. The international chamber of commerce has released a new table of contents to the incoterms 2010. Exw supplying plant, incoterms 2000, excluding packaging and excluding wagon provision fees, plus the respective statutory valueadded tax. Ddu delivered duty unpaid 2000 verkoper exporteert, levert en loopt risico tot eindbestemming. It should be noted that the chosen place of delivery has an impact on the obligations of loading and unloading the goods at that place. Abbreviations of incoterms alphabetic code for incoterms 2000 i. Exworks terms make the seller responsible to place the goods at the disposal of the buyer at the sellers facilities or any other named place. The broad expertise of iccs commission on international commercial practice, whose membership is drawn from all parts of the world and all trade sectors, ensures that incoterms 2000 respond to business needs everywhere.
In 2010, the icc released 11 incoterms that included carriage and insurance paid to, carriage paid to, cost and freight, cost insurance and freight, delivered at place, delivered duty paid, delivered at terminal, ex works, free alongside ship, free carrier and free on board. It should be noted that the chosen place of delivery has an impact on the obligations of loading and unloading the goods at. Exw and fca if you buy ex works or free carrier you will need to arrange for the contract of carriage. These are daf delivered at frontier, des delivered exship deq delivered exquay, ddu delivered duty unpaid and ddp delivered duty paid.
Exw ex works ex works means that the seller fulfils his obligation to deliver when he has made the goods available at his premises i. A read is counted each time someone views a publication summary such as the title, abstract, and list of authors, clicks on a figure, or views or downloads the fulltext. Incoterms medunarodna pravila za tumacenje trgovinskih termina izradila ih medunarodna trgovinska komora 1936. Exw ex works place of delivery incoterms 2020 explained. Chamber of commerce icc effective 1 january 2000, for the interpretation of the most commonly used trade terms. Incoterms 2000 offer a simpler and clearer presentation of the definitions, all of which have been revised. This brochure is our summary of the contents of the trade terms. Incoterms 2000 chart of responsibility the following chart summarizes the responsibilities of both the buyer and seller for each of the current incoterms.
Many importers and exporters worldwide are accustomed to and may still use the incoterms 1980, the predecessor of incoterms 1990 and incoterms 2000. Icc introduction to the incoterms 2010 icc knowledge 2. Incoterms 2000 provides a set of international rules, published by the international. Preamble the united nations through uncefact united nations centre for trade facilitation and electronic business supports activities dedicated to improving the ability of business, trade and administrative organizations, from developed, developing and transitional economies, to. Incoterms 2000 takes account of the increased use of intermodal. Exw ex works named place the seller makes the goods available at his premises.
Some companies may still use the incoterms 2000 rules, so make sure that you and your seller are both working from the same version when entering into a contract. Four incoterms daf, des, deq, ddu have been replaced by two new incoterms dat, dap. Fca ist tendenziell eine sinnvolle alternative zu exw. Delivered at frontier daf goods are considered delivered once the seller places them at the disposal of the buyer without unloading said goods from the mode of transportation used. Incoterms oznake razlika oznaka incoterms 2000 i incoterms 2010 stranica 1 od 3 oznaka znacenje opis incoterms napomena 2000 2010 exw franko tvornica imenovano mjesto prodavatelj je izvrsio svoju obvezu, te trosak i rizik nad robom prelazi na. In particular, he is not responsible for loading the goods on the vehicle provided by the buyer or for clearing the goods for export, unless otherwise agreed. Buyers and sellers should specify that their contract be governed by incoterms 2000. For detailed information, contact your logistics coordinator. Incoterms, promulgated by the international chamber of commerce, is an acronym for international commercial terms, and provide a standard set of definitions for trade terms also known as delivery terms and terms of sale for use in international trade. They are used to divide transaction costs and responsibilities between buyer and.
Incoterms 2000 is an abbreviation of international commercial terms. The ex works term is often used while making an initial quotation for the sale of. Incoterms 2010 please note that all contracts made under incoterms 2000. The incoterms or international commercial terms are a series of predefined commercial terms. Archived from the original pdf on 20 december 2016. The difference between the incoterms 2000 and the 2010 version was the reduction in the numbers of incoterms from to 11. The first work published by the icc on international trade terms was issued in 1923, with the first edition known as incoterms published in 1936. By letter of 28 february 2000 reproduced in annex i, the secretarygeneral of the international chamber of commerce icc requested the commission to consider endorsing incoterms 2000 for worldwide use. Incoterms 2000 provides a set of international rules, published by the international chamber of commerce icc effective 1 january 2000, for the interpretation of the most commonly. Our freight consultants are well versed in the use of incoterms and can help buyers and sellers select the appropriate incoterms for their contracts, as well as provide guidance on other aspects of international trade. The terms are grouped into four basic different categories. Revidirana su u vise navrata 1953, 1967, 1976, 1980, 1990, 2000, a poslednja revizija je ucinjena 2010. Exw ex works at sellers premises or another named place i.
International commercial terms incoterms international. Deze incoterm is alleen geschikt voor vervoer per schip. Cmr international roadtransport cim international railwaytransport etc. The named place can be other than the seller premises.
Ex works exw can be used for any transport mode, or where there is more than one transport mode this rule places minimum responsibility on the seller, who merely has to make the goods available, suitably packaged, at the specified place, usually the sellers factory or depot. The incoterms rules were amended in 1953, 1967, 1976, 1980, 1990, 2000, and. Incoterms are formulated, revised and classified by the international chamber of commerce. Purpose was to provide international rules for the interpretation of commonly used trade terms. Get here international commercial terms, trade and shipping incoterms from worldwide customs, find more information about incoterm 2000, 2011, 2012 with exw, fob, cif, cnf.