Incoterms® 2020 is a roadmap that guides buyers and sellers to their responsibilities for the goods being shipped.

Navigating international shipping without Incoterms® is a lot like traveling across country without a map.

Choosing the right Incoterm is like navigating a ship through open waters—steering the course of a transaction and determining how responsibilities are divided between the buyer and seller.

When choosing Incoterms, importers and exporters must develop their skills in recognizing differences. Not all Incoterms are the same.

When you’re transporting goods through multiple countries and dealing with different languages, customs, and regulations, conflicts and misunderstandings are bound to happen. Incoterms help reduce misunderstandings by clarifying exactly what each party is responsible for in a global trade contract.