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Delivered Duty Paid (DDP)
Delivered Duty Paid (DDP)
DDP is an Incoterm where the seller bears all risks and costs associated with delivering goods to the buyer’s specified location. These include shipping, insurance, import duties, and customs clearance. The seller ensures transportation and handles all necessary paperwork.
Examples within DDP often include:
- Delivering electronics to a buyer’s warehouse
- Shipping automotive parts across international borders
- Transporting pharmaceuticals with full compliance to regulatory standards