1. Long channels and many logistics links.

2. The environment is more complicated.

3. High standardization requirements

4. It has certain risks.

5. Diversification of transportation methods

For those engaged in the foreign trade industry, it is quite important to understand Incoterms, which stipulate the responsibilities of both parties. What do the most commonly used Incoterms DDP and DDU mean?

1. What does DDP mean?

DDP stands for Delivered Duty Paid, which means after-tax delivery. means that the seller delivers to the buyer the goods that have not been unloaded on the delivery means of transport after completing the import customs clearance formalities at the designated place.

The seller bears all risks and costs of transporting the goods to the named place, including any "taxes" (including handling fees, duties, taxes and other charges) payable at the place of destination at the time of customs formalities.

2. What does DDU mean?

DDU stands for Delivered Duty Unpaid-named port of destination, which means unpaid delivery. That is, the seller delivers the goods to the place agreed by both parties, but the customs clearance of the import of the goods is the responsibility of the buyer, including the payment of customs duties, handling fees and other taxes.