customs & export Q's! can anyone explain what a DDU price & a CIF price is please?

Answer 1

DDU = Delivered Duty Unpaid

The delivery of goods and the cargo insurance to the final point at destination, which is often the project site or buyer's premises, at seller's expense. Buyer assumes the import customs clearance and payment of customs duties and taxes. The seller may opt not to insure the goods at his/her own risks.

In the export quotation, indicate the point of destination (discharge) after the acronym DDU, for example DDU La Paz and DDU London.

CIF = Carriage Insurance Freight (to named destination)



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