There are four groups of incoterms; E, F, C and D. These categories are determined by the delivery locations and who is responsible for covering the cost of each part of the journey. The groups are then split into sub-categories which refer to various scenarios.
There are eleven incoterms in total, each consisting of a three digit code. Seven of these are applicable terms for transportation via any mode of transport and the other four are specific to trade conducted by sea and inland waterways.
EXW (Ex Works)
FCA (Free Carrier)
CPT (Carriage Paid To)
CIP (Carriage and Insurance Paid)
DPU (Delivered at Place Unloaded)
DAP (Delivered at Place)
DDP (Delivered Duty Paid)
Specific Incoterms Applicable to Sea and Inland waterways
FAS (Free Alongside Ship)
FOB (Free On Board)
CFR (Cost and Freight)
CIF (Cost, Insurance and Freight)