Delivery terms, risk transfer, and exactly who pays for what.
A buyer nearly lost €59,900 on a single shipment by agreeing to EXW, which made them responsible for export clearance in a country where they had no presence.
For EU import declarations, customs value is primarily based on the transaction value—the price actually paid or payable for the goods.
Under Incoterms DDP, DAP, and EXW, the responsibility for paying import duty varies significantly.
Short, focused answers on incoterms 2020.
Dutifi's AI customs broker classifies goods, calculates duties and checks compliance for every shipment.