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
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.