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Incoterms Calculator

Get AI-powered recommendations for the best Incoterm based on your shipment details

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About Incoterms 2020

Incoterms (International Commercial Terms) are a set of 11 internationally recognized rules published by the International Chamber of Commerce (ICC). They define the responsibilities of sellers and buyers for the delivery of goods under sales contracts.

The 2020 version is the latest revision, effective from January 1, 2020. These terms clarify:

  • Who is responsible for arranging and paying for transportation
  • When risk transfers from seller to buyer
  • Who handles export and import clearance
  • Who must arrange and pay for insurance
  • Who is responsible for loading and unloading

Choosing the right Incoterm is crucial for international trade as it affects costs, risks, and responsibilities for both parties. Our AI-powered calculator helps you select the most appropriate term based on your specific situation.