Entering the world of international trade can be exhilarating, profitable and confusing. When you’re just getting started connecting with buyers and sellers, you may notice a lot of acronyms in their listings. Industry shorthand such as DA, DP, DAP, DDP and LC can feel like an overwhelming alphabet soup of terms to learn at first. … Continue reading INCOTERMS you must know if you are importing or exporting
Category: Trade Terminology
The Most Common Shipping and Payment Terms (INCOTERMS) used in International Trade
Following are the most commonly used terms for payment and shipping of goods in global trade.