spocket

incoterms ddp definition

incoterms ddp definition refers to Delivered Duty Paid, meaning the seller takes full responsibility for delivering goods to the buyer’s location, including customs clearance and import duties. This Incoterm benefits buyers by eliminating surprise charges but requires sellers to understand local import laws. It’s ideal for e-commerce businesses shipping globally who want to provide an all-inclusive price. DDP ensures a smooth transaction, especially in B2C cross-border trade.