Terms
Seller pays
Risk passes
Incoterm
Transport Mode
Seller Pays
Buyer Pays
Risk Transfer
EXW – Ex Works
Any
Minimal
(just make goods available)
All costs from seller’s premises
At seller’s premises
FCA – Free Carrier
Any
Transport to carrier, export clearance
Main transport, import, insurance
When handed to carrier
CPT – Carriage Paid To
Any
Transport to destination
Insurance, import, unloading
When handed to first carrier
CIP – Carriage & Insurance Paid
Any
Transport + minimum insurance
Import, unloading
When goods ready for unloading
DPU – Delivered at Place Unloaded
Any
Transport + unloading
Import duties, taxes
When unloaded at destination
DDP – Delivered Duty Paid
Any
Transport + unloading
(transport, duties, taxes, customs)
Nothing
At buyer’s place
FAS – Free Alongside Ship
Sea/Inland Waterways
Transport to port, alongside ship
Loading, main transport, insurance, import
Alongside ship at port of shipment
FOB – Free On Board
Sea/Inland Waterways
Transport to port, loading on vessel
Main transport, insurance, import
Onboard vessel at port of shipment
CFR – Cost & Freight
Sea/Inland Waterways
Transport to destination port
Insurance, unloading, import
Onboard vessel at port of shipment
CIF – Cost, Insurance & Freight
Sea/Inland Waterways
Transport + minimum insurance
Unloading, import
Onboard vessel at port of shipment
Container Sizes
Container Sizes
What is the purpose of an HS code?
HS Code (Harmonized System Code) is an internationally standardized code for classifying goods, used in global trade and customs procedures.
Mineral Water & Beverages
Product
HS Code
Description
Mineral Water (bottled)
2201.10
Waters, including mineral waters and aerated waters, containing added sugar or flavoring
Natural Water (still)
2201.90
Other waters, not containing sugar or sweetening matter
Fruit Juice
2009.11
Orange juice, not fermented, not containing added sugar
Agro Products
Product
HS Code
Description
Wheat
1001.19
Wheat, other than durum, for human consumption
Rice
1006.30
Semi-milled or wholly milled rice, not polished
Maize / Corn
1005.90
Other maize (corn)
Fresh Apples
0808.10
Apples, fresh
Fresh Grapes
0806.10
Grapes, fresh
Dairy Products
Product
HS Code
Description
Milk Powder
0402.10
Milk and cream, in powder, granules or other solid forms
Butter
0405.10
Butter, dairy
Cheese
0406.10
Fresh cheese, unprocessed
Yogurt
0403.10
Yogurt, not flavored
Oriental / Specialty Products
Product
HS Code
Description
Dried Dates
0804.10
Dates, fresh or dried
Honey
0409.00
Natural honey
Nuts (Cashew)
0801.32
Cashew nuts, shelled
Spices (Cinnamon)
0906.11
Cinnamon, whole or broken
HS Code vs Incoterms – what’s the difference?
HS Codes are for customs and tariffs, while Incoterms cover all international product classification systems.
Intercode Type
Purpose / Use
Example
HS Code (Harmonized System)
Customs classification, tariffs, and import/export duties
2201.10 – Bottled mineral water
SITC (Standard International Trade Classification)
Trade statistics and economic reporting
052.11 – Water, including mineral and aerated waters
UNSPSC (United Nations Standard Products & Services Code)
Procurement, supply chain, and business classification
50001503 – Beverages
EAN / UPC (Barcodes)
Retail, logistics, inventory tracking
012345678905 – A specific bottled water product
NAICS (North American Industry Classification System)
Business, industry, and economic statistics (mainly US/Canada)
312112 – Bottled water manufacturing
ISIC (International Standard Industrial Classification)
International business and statistical purposes
1102 – Manufacture of soft drinks; mineral waters
HSN Code (Harmonized System of Nomenclature – India)
Indian import/export classification
2201.10 – Bottled water
GTIN (Global Trade Item Number)
00012345600012 – Any consumer product
2201.10 – Bottled water
ITC (Indian Trade Classification, based on HS)
Trade statistics & customs in India
2201.10 – Mineral water
CPV (Common Procurement Vocabulary)
EU public procurement and tenders
15812200-3 – Bottled water supply
Why do businesses rely on trade and market statistics?
Trade and market statistics provide businesses and governments with accurate insights into imports, exports, market trends, and demand patterns. They help companies make informed decisions, optimize supply chains, identify new opportunities, comply with regulations, and stay competitive in the global market.
What our company can achieve through statistics
Identify market opportunities
Optimize supply chains
Make data-driven decisions
Enhance competitiveness
Ensure compliance
Forecast demand
Not sure where to start?
Tell us about your business and we will recommend the right products and import-export services for your market.
