DDP Incoterm

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What is the DDP Incoterm

The DDP Incoterm or “Delivery Duty Paid” Incoterm states that the seller must make the goods available to the buyer at a prearranged location (buyer’s factory, warehouse etc.) and cover all associated expenses including unloading the goods from the carrier and any customs procedure costs and tariffs that may apply. Under the DDP Incoterm, the seller bears full responsibility of all costs and risks until the goods have been unloaded at the agreed-upon location.

The DDP Incoterm is versatile as it can be used irrespective of the mode of transport.

Seller’s obligations under the DDP Incoterm

  • Delivery of goods and documents required
  • Packaging and wrapping
  • Inland transport in the country of origin
  • Customs at origin
  • Exit charge
  • International freight
  • Insurance
  • Arrival expenditures
  • Customs on arrival
  • Payment of fees
  • Inland transport at the destination country (depending on agreed location)

Buyer’s obligations under the DDP Incoterm

  • Payment of the goods
  • Inland transport at the destination country (depending on agreed location)

Should I choose the DDP Incoterm for my shipment?