Incoterms (International Commercial Terms) are standardized trade terms established by the International Chamber of Commerce, defining the responsibilities and risks of buyers and sellers in international transactions. These terms provide clarity on who is responsible for transportation, insurance, and customs clearance costs at each stage of the shipment.

Moroccan businesses can benefit from a clear understanding of Incoterms to minimize misunderstandings and disputes. Common Incoterms include EXW (Ex Works), FOB (Free on Board), CIF (Cost, Insurance, and Freight), and DDP (Delivered Duty Paid). Selecting the right Incoterm ensures a smoother transaction, helping both importers and exporters allocate costs effectively.