Seek the English abbreviation of foreign trade, and the abbreviation of foreign trade terms

The abbreviations of foreign trade terms are as follows:

1. Group C. CFR - Cost & Freight (Specified Port of Destination)

CIF--- cost plus insurance, freight (specified port of destination).

CIP - Freight Insurance Paid To (Named Destination).

CPT shipping fee paid to (--specified destination).

2. Group D. DAF Border Delivery (--Named Location)

DDP - Delivered Duty Paid in the Importing Country (Named Destination).

DDU Delivery Unpaid Duty (Named Destination) in the importing country.

DES - Delivered on board at the port of destination (named port of destination).

DEQ - Free Terminal at Destination Port (Specified Port of Destination).

3. Group F. FAS --- Free Alongside Ship at Port of Shipment (named port of shipment).

FCA stands for Free Carrier (named place).

FOB - Free on Board at Port of Shipment (named port of shipment).

Box: CTN

Specification: spec specs

Quantity: qty

Size: dim

Weight (gross):

Weight (net): Gross net weight:

po=purchase order (the purchase order sent to you by the customer).

pi=proforma invoice (the proforma invoice you issue to the customer is sold out, which is equivalent to a contract).

ci=commercial invoice

pl=packing list (packing list to be done before shipping).

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Trade terms, also known as price terms, are special terms that have been produced in long-term international practice to indicate the composition of a transaction and the terms of delivery, and to determine the risks, responsibilities, and cost division between buyers and sellers.

Purpose:1It is beneficial for buyers and sellers to negotiate transactions and conclude contracts. Since each of the first terms has a unified interpretation of the obligations of the buyer and the seller, it is conducive to the buyer and the seller to clarify their respective rights and obligations and close the transaction as soon as possible.

2.Beneficial for both buyers and sellers to calculate** and costs. Various terms have a clear definition of who bears the cost of travel, freight and insurance, etc., and it is easier for buyers and sellers to calculate and cost.

3.It is conducive to resolving disputes in the performance of the contract. Since the terms are interpreted by the relevant international practices, the disputes between the buyer and the seller in the transaction can be interpreted by the international practices.