What are Incoterms?
Incoterms® 2020 are internationally recognised trade terms published by the International Chamber of Commerce (ICC), designed to define the responsibilities of buyers and sellers across global trade transactions.
They establish key obligations relating to transport, risk transfer, insurance, customs formalities, and delivery responsibilities throughout the supply chain. Selecting the correct Incoterm is an important part of managing international shipments efficiently, helping businesses reduce confusion, allocate costs clearly, and avoid unnecessary disputes or delays.
Our Incoterms® 2020 Quick Reference Chart provides a practical overview of each rule, helping importers, exporters, freight forwarders, and logistics teams better understand how responsibilities are divided across different trade movements.
Download the chart for a clear, accessible reference guide to support compliant and efficient international trade operations.
