meaning of ddp

meaning of ddp in shipping refers to Delivered Duty Paid, a term in international trade where the seller assumes all responsibilities, including customs clearance and import duties, until the goods reach the buyer. This provides peace of mind to the buyer, who receives the package without unexpected fees or bureaucratic delays. Understanding the meaning of DDP is essential for businesses importing goods, especially from countries with complex customs procedures. It also impacts product pricing, as sellers must account for all expenses in their final quote under DDP terms.