🌐 TRADE • EXPORT • IMPORT — Global Export, Import & Logistics Hub (48 Countries)
FOREIGN TRADE GUIDE #6 — SINCE 1983

Incoterms 2020 Delivery Terms Explained: EXW, FOB, CFR, CIF, FCA, DAP & DDP

How freight costs, marine insurance, customs formalities, and cargo risks are divided between seller and buyer under ICC Incoterms 2020 rules.

Key Incoterms 2020 Rules in Sea & Multimodal Trade

  • EXW (Ex Works): Buyer bears all costs and risks from the seller's factory door.
  • FOB (Free On Board - Named Port of Shipment): Seller clears goods for export and loads them onto the vessel at the Turkish port; buyer pays ocean freight.
  • CFR (Cost and Freight): Seller pays export clearance and ocean freight to the destination port; risk transfers once loaded on board.
  • CIF (Cost, Insurance and Freight): Seller pays product cost, marine cargo insurance, and ocean freight to the destination destination port.
  • FCA, CPT, CIP, DAP, DPU & DDP: Multimodal rules ranging from handover to carrier (FCA) to full door-to-door delivery with import duties paid (DDP).

Partner with GLOBTRADIMEX Global Trade Center (Since 1983)

With 3 branches in Turkey, regional trade hubs across Europe, the Middle East, Americas & Asia, 4 offices in Europe, and 89 distributorships across 25 countries, we provide direct export, raw material import, investment consulting, and supporting container logistics.

Knowledge & Insights

Frequently Asked Questions

Frequently asked questions and expert answers regarding Global trade, ocean freight, A.TR, EUR.1 & SABER certification, and port clearance procedures.

GLOBTRADIMEX provides turnkey foreign trade consulting, FCL/LCL ocean container shipping, FTL/LTL road transport, and express air cargo across 48 global markets spanning Europe & the UK, the Balkans & Adriatic, the Middle East & Gulf, Caucasus & Central Asia, North & South America, and Asia-Pacific.

A.TR and EUR.1 certificates grant preferential duty-free customs access in the EU and FTA partner states; SABER (PCoC/SCoC) is mandatory for Saudi Arabia; and ISF (10+2) & FDA filings are strictly required prior to vessel departure for the United States. GLOBTRADIMEX handles all regulatory filings seamlessly.

From Izmir, Istanbul, and Mersin ports, transit takes 2–6 days to the Balkans & Southern Europe, 4–12 days to Western & Northern Europe, 5–15 days to Middle East & Gulf hubs, and 14–22 days to North American East Coast ports.

We utilize Confirmed Irrevocable Letters of Credit (Confirmed L/C), Cash Against Documents (CAD), and export credit insurance, conducting thorough buyer due diligence before contract execution.

Yes. For smaller volumes, we operate weekly LCL ocean consolidation and European/Balkan road groupage billed per CBM/LDM. For urgent samples and critical components, our IATA Express Air Cargo delivers within 1 to 2 business days.

Global Export, Import & Investment Leader Since 1983

Take a Secure and Fast Step into Global Markets

Contact our foreign trade desk directly for export product pricing (coidet.com), Global raw material imports, container freight rates, and mandatory A.TR / EUR.1 / SABER waivers.

WA 1: +90 232 700 29 70 WA 2: +90 532 313 33 57 Get Product & Freight Quote Catalog: www.coidet.com Tel: +90 232 700 29 70
✉️ glob@globtradimex.com | 📠 Fax: +90 232 700 29 75 | 🌐 www.coidet.com
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