SHIPPING INFO CIF vs DDP
CIF (Cost, Insurance, and Freight)
* **Who pays what**: The seller covers the cost of goods, marine insurance, and freight to bring the goods to the buyer’s port of destination.
* **Risk transfer**: Risk passes from seller to buyer once the goods are loaded on the vessel at the port of shipment.
* **Buyer’s responsibility**: Import duties, customs clearance, and inland transport from the destination port are handled by the buyer.
DP (Delivered Duty Paid)
* **Who pays what**: The seller takes on nearly all costs—product, export fees, shipping, insurance, import duties, and delivery to the buyer’s final location.
* **Risk transfer**: Risk stays with the seller until goods are delivered to the buyer’s agreed place.
* **Buyer’s responsibility**: Basically none, except receiving the goods. The seller handles customs, tariffs, and all logistics.
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**In short**:
* **CIF** = seller gets goods to the destination port, then the buyer takes over.
* **DDP** = seller handles everything, door-to-door, including duties.