The two trade terms DDP and DDU are often used in the import and export of goods, and many exporters do not know much about it, so they often encounter some unnecessary problems when exporting goods, so what is the difference between the two trade terms DDP and DDU？
First, what is U？
"DeliveredDutyUnpaid", the English word for DeliveredDutyUnpaid means "free delivery of goods (designated destination)"。This trade term means that the exporter and the importer deliver the goods somewhere in the importing country during the actual work period, and the exporter must bear the cost and risk of transporting the goods to the designated place, the cost and risk of customs formalities。However, it is important to note that this does not include customs duties, donation taxes and other import fees that governments have to pay。If the importer does not clear the import customs in time, it needs to bear additional costs and risks。
Generally speaking, the freight details related to the freight list are very complicated, using this trade term, the importer must leave notes and stamps to the other side when confirming the price with the payment, so as to avoid future disputes。
What is DDP？
"DDP" in English means "DeliveredDutyPaid", which means "delivery after duty paid (named destination)". This method of delivery means that the exporter forwards the goods to the importer after completing the customs declaration at the destination designated by the import and export parties。
According to this trade term, the exporter must bear all the risks of transporting the goods to the designated destination, and must also go through various formalities and pay taxes, fees and other charges in order to clear customs。According to the terms of trade, the seller should bear the most responsibility。If the seller cannot directly or indirectly obtain an import license, it should be used with caution。
What's the difference between ddd and cd？
The biggest difference between DDU and DDP is mainly the question of who bears the risks and costs in the import clearance process of the goods at the port of destination。If the exporter has the ability to complete the import declaration, then the DDP can be chosen, if the exporter does not have the ability to handle the relevant matters, or is unwilling to handle the import formalities, risks and costs, then the DDU term should be used。The above is some basic definitions and differences between DDU and DDP, in the actual work process, exporters must choose the right trade terms according to their actual work needs, so as to ensure the normal completion of their work。
How to calculate DDU and DDP fees :Fob amount.Plus: 1, all the local charge at the export port 2, sea freight (whether it is positive，Or negative) is the cif amount if you want ddu: plus the local charge of the port of destination If you want ddp: plus the customs duty of the port of destination DAP and DDU difference :DAP (Delivered at Place) Delivery conditions of destination (add the specified destination) It is a new term in the 2010 General Rules，DDU is the term of the 2000 General Rules，There are no more DDU in 2010。
Delivery at Destination This term applies to one or more of the modes of transport and means that the goods are delivered by the seller at the named destination when they are placed at the disposal of the Buyer on the arriving conveyance intended to be unloaded, and the Seller bears all risks of bringing the goods to the named place。It is desirable for the parties to clearly state the place within the agreed destination, as the risk to that place is borne by the seller。
