DDP

How it is used

Popular in e-commerce and with buyers who want one all-inclusive landed price. The seller must be able to act as the importer in the buyer's country, or use a partner there, which is not always possible; reclaiming import VAT can also be a problem.

Example sentences

1. The customer asked for DDP, but we can't register as an importer in Switzerland.

2. A DDP price includes freight, customs clearance, duties and delivery to the door.

Common collocations

• DDP terms
• ship DDP
• DDP price
• landed cost

Related terms

• IncotermsA set of standard trade terms published by the International Chamber of Commerce that tell the buyer and seller who arranges and pays for transport, and where risk passes between them.
• DAPShort for Delivered at Place: an Incoterms rule in which the seller carries the goods and the risk to the named destination, ready for unloading, while the buyer handles import clearance and duties.
• EXWShort for Ex Works: the Incoterms rule in which the seller only makes the goods available at its own premises, and the buyer handles loading, export clearance and all transport.
• customs dutyA tax charged by a government on goods when they are imported, and in some cases exported, usually calculated as a percentage of their customs value.
• customs clearanceThe process of getting official approval from customs for goods to enter or leave a country, including declaring them, paying duties and passing any inspections.

This word in other fields

The same English word can have a different meaning in another field:

• DDP · E-commerce
• DDP · International Trade

More terms: Incoterms

• FOB
• CIF