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Delivered Duty Paid Incoterm (DDP)

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DDP delivery method is incoterms in which the exporter undertakes all processes and costs, including transportation, customs, and insurance. Among the 11 Incoterms, the mode of transport bears the most responsibility on the exporter. In the form of DDP delivery, the seller, i.e., the exporter company, organizes all delivery stages. Since customs duties payable in the importer's country are also the seller's responsibility, all-expense items must be calculated before starting the trade process.

Related Articles:

The Difference Between Delivered at Place (DAP) vs Delivery Duty Paid (DDP)

The Difference Between CIF (Cost, Insurance, and Freight) vs DDP (Delivery Duty Paid)