incoterm ddp

incoterm ddp stands for Delivered Duty Paid, which is an international shipping term used in trade to describe the delivery method where the seller is responsible for all costs and risks associated with transporting goods to the buyer’s destination, including duties and taxes. Under DDP, the seller handles all aspects of the shipment, from customs clearance to the final delivery. This term is commonly used in international trade to simplify the buying process for the buyer, as they are not responsible for any costs until the goods arrive.