Platform covers 230 countries with 34.5M importers and 26.6M exporters. Data sourced from bill of lading and customs records. Contains over 2 billion lines of international trade transactions
Incoterms define delivery conditions and obligations in international trade contracts. Risk transfers from seller to buyer at different points in journey. CIF/CIP terms shift main voyage risk to buyer
EXW means seller delivers goods at designated location, buyer covers transport costs. EXW is one of 11 standardized Incoterms published by ICC. Seller must package, label goods and provide pickup location
Net exports measure total trade by subtracting imports from exports. Positive net exports indicate trade surplus, negative indicate deficit. Formula: Net Exports = Total Exports - Total Imports
DDP is an international delivery agreement outlined by ICC. Seller assumes all responsibility until goods reach destination port. Includes shipping costs, duties, insurance, and customs documentation
Incoterms are international trade terms created by ICC. First published in 1936, updated every 10 years. Not legally binding but widely recognised by governments