what does ddp mean

what does ddp mean in shipping stands for Delivered Duty Paid, a term used in international trade. Under DDP, the seller is responsible for paying all the costs associated with the shipment, including shipping fees, customs duties, taxes, and other delivery-related expenses. The seller assumes all risks and responsibilities until the goods are delivered to the buyer’s specified location. DDP is a popular choice for buyers who prefer to have a clear understanding of the total cost upfront, as it ensures that there will be no additional charges upon delivery. However, DDP can result in higher prices for the buyer since the seller is covering all of these expenses.