Freight Forwarding Glossary

Glossary


DDP

Delivered Duty Paid (... named port of destination). In DDP, the seller/exporter/manufacturer clears the goods for export and is responsible for making them available to the buyer at the named place of destination, cleared for import, but not unloaded from the transport vehicle.
The seller, therefore, assumes all responsibilities for delivering the goods to the named place of destination, including all responsibility for import clearance, duties, and other costs payable upon import.
The DDP term can be used for any mode of transport.
All forms of payment are used in DDP transactions.
The DDP term is used when the named place of destination (point of delivery) is other than the seaport or airport.

See also: INCOTERMS