Incoterms

Incoterms are international trade terms, proposed by the International Chamber of Commerce – ICC.

It aims to facilitate trade between sellers and buyers from different countries.

The first edition was in 1936 and the current version is from 2020.

There are currently 11 terms, divided into two groups: terms for use in operations that will be transported by waterways (maritime, river or lake) and terms for operations transported in any mode of transport, including multimodal transport.