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Reference

Incoterms® 2020 at a glance

Who clears, who pays the main carriage and insurance, and where the risk passes, for the 11 terms.

TermModeExport clearanceMain carriageInsuranceImport clearance & dutiesRisk passes to buyer
EXWAll modesBuyerBuyerBuyerBuyerSeller's premises, goods made available (not loaded)
FCAAll modesSellerBuyerBuyerBuyerHanded to the buyer’s carrier at the named place
CPTAll modesSellerSellerBuyerBuyerHanded to the first carrier (seller pays carriage to destination)
CIPAll modesSellerSellerSeller (required)BuyerHanded to the first carrier; seller insures (ICC A cover)
DAPAll modesSellerSellerSellerBuyerAt destination, ready for unloading
DPUAll modesSellerSellerSellerBuyerAt destination, unloaded
DDPAll modesSellerSellerSellerSellerAt destination, cleared and duties paid by the seller
FASSea onlySellerBuyerBuyerBuyerAlongside the ship at the port of loading
FOBSea onlySellerBuyerBuyerBuyerOn board the vessel at the port of loading
CFRSea onlySellerSellerBuyerBuyerOn board at loading (seller pays freight to the port of discharge)
CIFSea onlySellerSellerSeller (required)BuyerOn board at loading; seller insures (ICC C minimum cover)

Shipping to Senegal: which term?

Overseas suppliers selling EXW or FCA leave you in control of the freight: we organise pick-up, export and the voyage to Dakar. Agents shipping DAP to Dakar or Bamako use us for arrival, customs and delivery; with DDP the seller also pays duties and VAT in Senegal, so the importer must agree with this upfront. EXW is usually a poor choice for exports from Senegal: the buyer cannot clear goods out of the country himself, prefer FCA.

Incoterms® is a trademark of the International Chamber of Commerce. Summary for information; the ICC rules prevail.

An itemised quote, usually within 24 hours

Tell us the origin, destination and cargo. A coordinator in Dakar replies with a line-by-line price.

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