{"id":5448,"date":"2020-09-04T08:22:57","date_gmt":"2020-09-04T06:22:57","guid":{"rendered":"https:\/\/cstgrupo.com\/?p=5448"},"modified":"2025-03-27T17:58:29","modified_gmt":"2025-03-27T16:58:29","slug":"incoterms-2020","status":"publish","type":"post","link":"https:\/\/cstgrupo.com\/en\/blog\/incoterms-2020\/","title":{"rendered":"Incoterms. Changes and updates of 2020"},"content":{"rendered":"

Incoterms<\/strong>\u00a0are a fundamental and essential aspect in international trade that we have talked about repeatedly in our blog (you can consult the related posts in the following link:\u00a0Incoterms information<\/a>). Their great importance requires that all the entities involved in any international commercial relationship have extensive knowledge about them, their management and application; and for this it is necessary to be attentive to their possible updates.\u00a0Today in our\u00a0blog<\/a>\u00a0they are again the main elements to discuss the changes they are going to experience and which will come into effect on January 1, 2020.<\/p>\n

<\/span>Incoterms, what are they?<\/span><\/span><\/h2>\n

Incoterms is the acronym for \u201cInternational Commerce Terms\u201d, a concept that groups 11 international rules created, managed and governed by the International\u00a0Chamber of Commerce (ICC).<\/a>\u00a0The first ones date from 1936 and have been experiencing changes and updates; the last update, from this 2020, makes the 2010\u00a0Incoterms obsolete<\/a>.<\/p>\n

These terms have been established to define the\u00a0obligations between buyer and seller<\/strong>\u00a0in certain aspects of the delivery of the goods. I.e. place of delivery, mode of transport, risk transfer, cost sharing, etc.<\/p>\n

The\u00a0main objective of Incoterms<\/strong>\u00a0is that there is a complete understanding between the different parties involved in an international trade action. It is very common in this type of commerce that the buyer and the seller do not speak the same language or do not belong to the same industry sector; a possible misunderstanding could mean great economic and\/or time losses.<\/p>\n

We can say, therefore, that Incoterms make international trade easier to carry out since they allow entities from various countries to understand each other when using them in different sales contracts. In this way, communication and interpretation problems are reduced.<\/p>\n

What do Incoterms determine?<\/span><\/h3>\n

ncoterms are reflected \u2013 through their acronyms \u2013 in the invoices since in 95% of international sales and purchases it is the document that exercises the function of \u201ccontract\u201d.<\/p>\n

These eleven terms define the obligations that are related to the delivery of the goods that bind the seller and the buyer.<\/p>\n

Some of these obligations are as follows:<\/p>\n

    \n
  • Costs of the operation<\/li>\n
  • Time of risk transfer<\/li>\n
  • Choice of mode of transport<\/li>\n
  • Cost distribution of the operation<\/li>\n<\/ul>\n
    \n
    \n
    \n
    \n
    \n
    \n

    <\/span>Incoterms 2020. Changes and updates<\/span><\/span><\/h2>\n

    It should be noted that the\u00a0ICC<\/strong>\u00a0is currently studying and determining the updates that the Incoterms will undergo in 2020, so there is no official confirmation. We can still anticipate, based on statements from the drafting group and reliable online sources, some of the changes that we will discuss below.<\/p>\n

      \n
    • The \u201cdrafting group\u201d is the editorial committee of the Incoterms which, on this occasion, also includes representatives from China and Australia (in addition to the representatives from the UK, Germany, France, the USA and Turkey). This committee receives recommendations from companies, chambers of commerce, associations belonging to the ICC for the elaboration of the new Incoterms.<\/li>\n<\/ul>\n<\/div>\n<\/div>\n
      \n
      \n

      <\/span>Changes in Incoterms for 2020<\/span><\/span><\/h2>\n

      New Incoterms have been created, others have disappeared and others will be duplicated in 2020.<\/p>\n

      New Incoterms. 2020 Update<\/span><\/h3>\n

      On 1 January 2020, the latest version of the Incoterms came into force. The aim is to adapt the defined terms to current commercial practices.<\/p>\n

      Repeal of the Incoterm \u201cDelivered at Terminal\u201d (DAT) by the \u201cDelivered at Place Unloaded\u201d<\/strong>. The DPU rule is the only one that requires the seller to unload the goods at a destination without establishing a specific place.<\/p>\n

      The term\u00a0\u201cFre Carrier\u201d (FCA)<\/strong>\u00a0provides for the possibility of the buyer instructing the carrier to issue a bill of lading with the word \u201con board\u201d by the seller.<\/p>\n

      The term\u00a0\u201cCost Insurance and Freight\u201d<\/strong>\u00a0delimits the seller\u2019s purchase of limited transport insurance risk coverage which complies, at a minimum, with the MAL\/IUA C-clauses or a similar clause, and not with the \u201cA\u201d clauses. However, the parties continue to have the possibility of entering into an agreement with a higher level of coverage.<\/p>\n<\/div>\n<\/div>\n

      <\/div>\n
      \n
      \n

      The\u00a0main objective<\/strong>\u00a0of the new update of the Incoterms in 2020 is to make them much more practical and simple. Working, moreover, on a wording that is even easier to understand.<\/p>\n<\/div>\n<\/div>\n

      \n
      \n
      \n
      \n
      <\/header>\n

      The transport of international merchandise requires extensive knowledge of the different regulations and documentation existing in each country. Knowing the necessary information in each case as well as the required deadlines is essential for both importers and exporters to carry out their shipments quickly and safely.<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

      <\/div>\n","protected":false},"excerpt":{"rendered":"

      Incoterms\u00a0are a fundamental and essential aspect in international trade that we have talked about repeatedly in our blog (you can consult the related posts in the following link:\u00a0Incoterms information). Their great importance requires that all the entities involved in any international commercial relationship have extensive knowledge about them, their management and application; and for this…<\/p>\n","protected":false},"author":1,"featured_media":5453,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[115],"tags":[],"class_list":["post-5448","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-actualidad-en"],"yoast_head":"\nIncoterms. Changes and updates for 2020<\/title>\n<meta name=\"description\" content=\"The Incoterms 2020 will come into effect on January 1, 2020. Learn about all the Changes and Updates in Our Blog.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cstgrupo.com\/en\/blog\/incoterms-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Incoterms. Changes and updates for 2020\" \/>\n<meta property=\"og:description\" content=\"The Incoterms 2020 will come into effect on January 1, 2020. Learn about all the Changes and Updates in Our Blog.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cstgrupo.com\/en\/blog\/incoterms-2020\/\" \/>\n<meta property=\"og:site_name\" content=\"CST Grupo\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CSTGrupo\/\" \/>\n<meta property=\"article:published_time\" content=\"2020-09-04T06:22:57+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-03-27T16:58:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cstgrupo.com\/wp-content\/uploads\/2025\/03\/incoterms.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"667\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cst\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cst\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/cstgrupo.com\/en\/blog\/incoterms-2020\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cstgrupo.com\/en\/blog\/incoterms-2020\/\"},\"author\":{\"name\":\"cst\",\"@id\":\"https:\/\/cstgrupo.com\/en\/#\/schema\/person\/62d0bb8d0f45f9c5d3cdf59e0f4c7f9d\"},\"headline\":\"Incoterms. Changes and updates of 2020\",\"datePublished\":\"2020-09-04T06:22:57+00:00\",\"dateModified\":\"2025-03-27T16:58:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cstgrupo.com\/en\/blog\/incoterms-2020\/\"},\"wordCount\":717,\"publisher\":{\"@id\":\"https:\/\/cstgrupo.com\/en\/#organization\"},\"image\":{\"@id\":\"https:\/\/cstgrupo.com\/en\/blog\/incoterms-2020\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cstgrupo.com\/wp-content\/uploads\/2025\/03\/incoterms.jpg\",\"articleSection\":[\"Actualidad\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cstgrupo.com\/en\/blog\/incoterms-2020\/\",\"url\":\"https:\/\/cstgrupo.com\/en\/blog\/incoterms-2020\/\",\"name\":\"Incoterms. Changes and updates for 2020\",\"isPartOf\":{\"@id\":\"https:\/\/cstgrupo.com\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cstgrupo.com\/en\/blog\/incoterms-2020\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cstgrupo.com\/en\/blog\/incoterms-2020\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cstgrupo.com\/wp-content\/uploads\/2025\/03\/incoterms.jpg\",\"datePublished\":\"2020-09-04T06:22:57+00:00\",\"dateModified\":\"2025-03-27T16:58:29+00:00\",\"description\":\"The Incoterms 2020 will come into effect on January 1, 2020. Learn about all the Changes and Updates in Our Blog.\",\"breadcrumb\":{\"@id\":\"https:\/\/cstgrupo.com\/en\/blog\/incoterms-2020\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cstgrupo.com\/en\/blog\/incoterms-2020\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cstgrupo.com\/en\/blog\/incoterms-2020\/#primaryimage\",\"url\":\"https:\/\/cstgrupo.com\/wp-content\/uploads\/2025\/03\/incoterms.jpg\",\"contentUrl\":\"https:\/\/cstgrupo.com\/wp-content\/uploads\/2025\/03\/incoterms.jpg\",\"width\":1000,\"height\":667},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cstgrupo.com\/en\/blog\/incoterms-2020\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Portada\",\"item\":\"https:\/\/cstgrupo.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Incoterms. Changes and updates of 2020\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cstgrupo.com\/en\/#website\",\"url\":\"https:\/\/cstgrupo.com\/en\/\",\"name\":\"CST Grupo\",\"description\":\"Empresa de Transporte Internacional de Mercanc\u00edas\",\"publisher\":{\"@id\":\"https:\/\/cstgrupo.com\/en\/#organization\"},\"alternateName\":\"CST Grupo\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/cstgrupo.com\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/cstgrupo.com\/en\/#organization\",\"name\":\"CST Grupo\",\"alternateName\":\"CST Grupo\",\"url\":\"https:\/\/cstgrupo.com\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cstgrupo.com\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/cstgrupo.com\/wp-content\/uploads\/2025\/02\/cst-grupo-logo.svg\",\"contentUrl\":\"https:\/\/cstgrupo.com\/wp-content\/uploads\/2025\/02\/cst-grupo-logo.svg\",\"width\":1,\"height\":1,\"caption\":\"CST Grupo\"},\"image\":{\"@id\":\"https:\/\/cstgrupo.com\/en\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/CSTGrupo\/\",\"https:\/\/www.linkedin.com\/company\/cstgrupo\/\",\"https:\/\/www.instagram.com\/cstconstruccion\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/cstgrupo.com\/en\/#\/schema\/person\/62d0bb8d0f45f9c5d3cdf59e0f4c7f9d\",\"name\":\"cst\",\"sameAs\":[\"http:\/\/cstgrupo.com\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Incoterms. Changes and updates for 2020","description":"The Incoterms 2020 will come into effect on January 1, 2020. Learn about all the Changes and Updates in Our Blog.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cstgrupo.com\/en\/blog\/incoterms-2020\/","og_locale":"en_US","og_type":"article","og_title":"Incoterms. Changes and updates for 2020","og_description":"The Incoterms 2020 will come into effect on January 1, 2020. Learn about all the Changes and Updates in Our Blog.","og_url":"https:\/\/cstgrupo.com\/en\/blog\/incoterms-2020\/","og_site_name":"CST Grupo","article_publisher":"https:\/\/www.facebook.com\/CSTGrupo\/","article_published_time":"2020-09-04T06:22:57+00:00","article_modified_time":"2025-03-27T16:58:29+00:00","og_image":[{"width":1000,"height":667,"url":"https:\/\/cstgrupo.com\/wp-content\/uploads\/2025\/03\/incoterms.jpg","type":"image\/jpeg"}],"author":"cst","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cst","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/cstgrupo.com\/en\/blog\/incoterms-2020\/#article","isPartOf":{"@id":"https:\/\/cstgrupo.com\/en\/blog\/incoterms-2020\/"},"author":{"name":"cst","@id":"https:\/\/cstgrupo.com\/en\/#\/schema\/person\/62d0bb8d0f45f9c5d3cdf59e0f4c7f9d"},"headline":"Incoterms. Changes and updates of 2020","datePublished":"2020-09-04T06:22:57+00:00","dateModified":"2025-03-27T16:58:29+00:00","mainEntityOfPage":{"@id":"https:\/\/cstgrupo.com\/en\/blog\/incoterms-2020\/"},"wordCount":717,"publisher":{"@id":"https:\/\/cstgrupo.com\/en\/#organization"},"image":{"@id":"https:\/\/cstgrupo.com\/en\/blog\/incoterms-2020\/#primaryimage"},"thumbnailUrl":"https:\/\/cstgrupo.com\/wp-content\/uploads\/2025\/03\/incoterms.jpg","articleSection":["Actualidad"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/cstgrupo.com\/en\/blog\/incoterms-2020\/","url":"https:\/\/cstgrupo.com\/en\/blog\/incoterms-2020\/","name":"Incoterms. Changes and updates for 2020","isPartOf":{"@id":"https:\/\/cstgrupo.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/cstgrupo.com\/en\/blog\/incoterms-2020\/#primaryimage"},"image":{"@id":"https:\/\/cstgrupo.com\/en\/blog\/incoterms-2020\/#primaryimage"},"thumbnailUrl":"https:\/\/cstgrupo.com\/wp-content\/uploads\/2025\/03\/incoterms.jpg","datePublished":"2020-09-04T06:22:57+00:00","dateModified":"2025-03-27T16:58:29+00:00","description":"The Incoterms 2020 will come into effect on January 1, 2020. Learn about all the Changes and Updates in Our Blog.","breadcrumb":{"@id":"https:\/\/cstgrupo.com\/en\/blog\/incoterms-2020\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cstgrupo.com\/en\/blog\/incoterms-2020\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cstgrupo.com\/en\/blog\/incoterms-2020\/#primaryimage","url":"https:\/\/cstgrupo.com\/wp-content\/uploads\/2025\/03\/incoterms.jpg","contentUrl":"https:\/\/cstgrupo.com\/wp-content\/uploads\/2025\/03\/incoterms.jpg","width":1000,"height":667},{"@type":"BreadcrumbList","@id":"https:\/\/cstgrupo.com\/en\/blog\/incoterms-2020\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Portada","item":"https:\/\/cstgrupo.com\/en\/"},{"@type":"ListItem","position":2,"name":"Incoterms. Changes and updates of 2020"}]},{"@type":"WebSite","@id":"https:\/\/cstgrupo.com\/en\/#website","url":"https:\/\/cstgrupo.com\/en\/","name":"CST Grupo","description":"Empresa de Transporte Internacional de Mercanc\u00edas","publisher":{"@id":"https:\/\/cstgrupo.com\/en\/#organization"},"alternateName":"CST Grupo","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cstgrupo.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/cstgrupo.com\/en\/#organization","name":"CST Grupo","alternateName":"CST Grupo","url":"https:\/\/cstgrupo.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cstgrupo.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/cstgrupo.com\/wp-content\/uploads\/2025\/02\/cst-grupo-logo.svg","contentUrl":"https:\/\/cstgrupo.com\/wp-content\/uploads\/2025\/02\/cst-grupo-logo.svg","width":1,"height":1,"caption":"CST Grupo"},"image":{"@id":"https:\/\/cstgrupo.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/CSTGrupo\/","https:\/\/www.linkedin.com\/company\/cstgrupo\/","https:\/\/www.instagram.com\/cstconstruccion\/"]},{"@type":"Person","@id":"https:\/\/cstgrupo.com\/en\/#\/schema\/person\/62d0bb8d0f45f9c5d3cdf59e0f4c7f9d","name":"cst","sameAs":["http:\/\/cstgrupo.com"]}]}},"_links":{"self":[{"href":"https:\/\/cstgrupo.com\/en\/wp-json\/wp\/v2\/posts\/5448","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cstgrupo.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cstgrupo.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cstgrupo.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cstgrupo.com\/en\/wp-json\/wp\/v2\/comments?post=5448"}],"version-history":[{"count":4,"href":"https:\/\/cstgrupo.com\/en\/wp-json\/wp\/v2\/posts\/5448\/revisions"}],"predecessor-version":[{"id":5502,"href":"https:\/\/cstgrupo.com\/en\/wp-json\/wp\/v2\/posts\/5448\/revisions\/5502"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cstgrupo.com\/en\/wp-json\/wp\/v2\/media\/5453"}],"wp:attachment":[{"href":"https:\/\/cstgrupo.com\/en\/wp-json\/wp\/v2\/media?parent=5448"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cstgrupo.com\/en\/wp-json\/wp\/v2\/categories?post=5448"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cstgrupo.com\/en\/wp-json\/wp\/v2\/tags?post=5448"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}