Changes Introduced by Incoterms 2010

The 2010 incoterms of the ICC (International Chamber of Commerce) came into effect on January 1, 2011 and replace the former incoterms 2000.

The following is a summary of changes introduced with the new Incoterms 2010.

With the new Incoterms® 2010 the International Chamber of Commerce (ICC) has made an effort to improve their utilization. We can also observe in this new edition an important simplification effort. Four Incoterms have been eliminated and two new ones have been created instead.

Let us see these changes in the table below, where we can see in bold the Incoterms that have disappeared. There were thirteen Incoterms 2000, among which the International Chamber of Commerce distinguished between maritime Incoterms and polyvalent ones, but all thirteen Incoterms featured in a single list.

INCOTERMS 2000

EXW Ex works (polyvalent)
FAS Free alongside ship (maritime)
FOB Free on board (maritime)
FCA Free carrier (polyvalent)
CPT Carriage paid to (polyvalent)
CFR Cost and Freight (maritime)
CIP Carriage and insurance paid to (polyvalent)
CIF Cost, insurance and freight (maritime)
DES Delivered ex-ship (maritime)
DEQ Delivered ex-quay, duty paid (maritime)
DAF Delivered at frontier (polyvalent)
DDU Delivered duty unpaid (polyvalent)

DDP Delivered duty paid (polyvalent)

With regard to the 2010 Incoterms, we can see that the International Chamber of Commerce has created two categories of Incoterms, one which can be utilised with any mode or modes of transport – therefore including road, train, air, sea, river and any combination of these; and a second category that refers only to those Incoterms that can be used for sea or river transport.

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