First published by ICC in 1936, Incoterms® rules are a set of eleven three-letter trade terms, reflecting business-to-business practice in contracts for the sale and purchase of goods.
Incoterms® rules are a set of standards used in international and domestic contracts for the delivery of goods. They are recognised by UNCITRAL as the global standard for the interpretation of the most common terms in foreign trade helping to avoid costly misunderstandings by clarifying the tasks, costs and risks involved in the delivery of goods from sellers to buyers.
Incoterms® Rules History
Internationally accepted definitions and rules of interpretation for most common commercial terms used in contracts for the sale of goods, first published in 1936.
Most recent version that takes into account the latest developments in commercial practice, entered into force on 1 January 2020.
Incoterms® Rules Trademark and Copyright policy
Do’s and Don’ts of using Incoterms®
Entered into force on 1 January 2020, Incoterms® 2020 takes into account the latest developments in commercial practice. This nmost recent edition is avaialble in over 29 languages and accesible through ICC’s e-commerce platform ICC Knowledge 2 Go.
Incoterms 2020 app
The only official app from the creators and guardians of the Incoterms® rules, featuring essential information and insights regarding the commercial trade terms from a trusted source, in one, easy-to-access location.
The app is available free of charge and easily downloadable
Free download on 2GO Knowledge website
Incoterms® 2020 Checklist + Flowcharts – Choosing the right Incoterms® rule
Guide to help sellers and buyers choose the right Incoterms® 2020 rule to include in their B2B contracts for the sale of goods. Key information set out in an easy-to-understand combination of text and graphics.
Incoterms® 2020 practical free wallchart
Incoterms® 2020 practical A4 chart outlines the obligations, costs and risks of the buyer and seller under each of the 11 Incoterms® rules. The handy chart can be easily printed and kept as a reference guide.