Understanding DDP Incoterm: Insights on Buyer Behavior for China Exporters
The DDP Incoterm, which stands for Delivered Duty Paid, represents a crucial shipping term in international trade. Under this arrangement, the seller is responsible for all expenses associated with delivering goods to the buyer's designated location, including shipping fees, customs duties, and taxes. DDP provides a streamlined transaction process, offering buyers a convenient and risk-free experience.