GlossaryEN1 min readUpdated: Jun 13, 2026
DDP external trade risk
In international trade, risks arise during transport and customs processing: cargo damage, border delays, currency fluctuations, unexpected duties, and regulatory shifts.
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Source: https://iccwbo.org/resources-for-business/incoterms-rules/
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Incoterms 2020 Simulator: Who bears costs & risk?
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Definition & Explanation
In international trade, risks arise during transport and customs processing: cargo damage, border delays, currency fluctuations, unexpected duties, and regulatory shifts. Under DDP (Delivered Duty Paid), the seller assumes full responsibility for costs and risks until goods reach the named destination. Importers should therefore select DDP partners with proven financial stability and compliance track records, as vendor failure to clear customs or pay duties can halt the entire shipment.
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⚖️ ICC Incoterms 2020
Incoterms 2020 Simulator: Who bears costs & risk?
Analyze all 11 Incoterms 2020: cost matrix, risk timeline, insurance gap detector and customs responsibility – free, no login required.
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