Incoterms 2020

On 1 January 2020 the new ICC Incoterms 2020 came into effect. This most recent version of Incoterms reflects the latest international standards on global trade and is therefore the modern alternative to the 2010 Incoterms. Although Incoterms 2010 will remain in force, it is important to start applying the most recent version.

Main changes

The changes in Incoterms 2020 compared to Incoterms 2010 have been made to make Incoterms more accessible and easier to use. In addition, the International Chamber of Commerce gives a detailed explanation with illustrations of the responsibilities of the parties involved for each Incoterm. The most important changes include the following:

  • Different levels of insurance cover are possible under the Cost Insurance and Freight and Carriage and Insurance Paid To regulations.
  • Free Carrier (FCA) now meets the evident need for on-board bills of lading.
  • With Free Carrier, Delivery at Place, Delivery at Place Unloaded and Delivered Duty Paid it is now possible to arrange for the goods to be carried by a particular party’s own means of transport.
  • The term Delivered at Terminal (DAT) has changed to Delivered at Place Unloaded (DPU).
  • Security-related requirements within carriage obligations have been included and the associated costs have been given greater prominence in Incoterms 2020.


Here are a few tips for you to ensure a smooth transition to the use of Incoterms 2020:

  • Use the implementation of the new Incoterms 2020 as an opportunity to take a thorough look at the overall use of Incoterms within your business.
  • Check which Incoterms have been agreed with suppliers and customers and whether these are still the most appropriate terms.
  • Check your documents, including the general terms and conditions and contracts with suppliers and customers.
  • Which departments should be made aware of the new Incoterms version?
  • Which employees lack sufficient knowledge of the Incoterms rules and require further training?

Conseiller is of course available to support you in this area and to answer any questions you may have on Incoterms.