Difference between CIP and DDP in shipping terms

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Difference between DDP and CIP in shipping terms


Difference between CIP and DDP in shipping termsHow to differentiate CIP with DDP?  What are the difference between DDP and CIP?

 

As per Inco terms DDP means, Delivered  Duty Paid  (named destination mentioned). 

CIP means, carriage and insurance paid (up to the destination mentioned).

 


I have written separate articles in detail about CIP and DDP.  I suggest you to read these articles on CIP and DDP, so as to enable you to have a clear idea on these shipping terms.

 


What is DDP?  What are the responsibilities of buyer and seller under DDP terms? How does CIP terms work?  What are the obligations of buyer and seller under CIP terms.
For your immediate reference,  I give below web links on DDP and CIP separately below:

 

 

What is DDP terms in shipping and how does it work in International trade
What is CIP terms in Inco terms
Buyer’s responsibilities under CIP terms
Seller’s duties under CIP terms of shipping

 

The above articles clearly explain about CIP and DDP.

 

Detailed articles about Inco Terms of Delivery under export and import of International business  have been mentioned in  separate category – INCO TERMS – in this web site.  You can click here to read.

I hope, you have clarified yourself on the difference between DDP and CIP.  Do you have different thought on difference between CIP and DDP?

 

Write below your comment on difference between DDP and CIP.

 

The above information is a part of Guide on howtoexport and import 


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