Q&A: What is the term DDU

DDU——Delivered Duty Unpaid

Delivered Duty Unpaid is an international trade term indicating that the seller is responsible for making a safe delivery of goods to a named destination, paying all transportation expenses and assuming all risks during transportation; once the goods arrive at the agreed-upon location, the buyer becomes responsible for paying import duties as well as further transport costs.

The seller assumes all risk until the goods are delivered at the specified location, but they have no obligation to obtain insurance on the goods.

 

Chosen from  https://www.investopedia.com/terms/d/delivereddutyunpaid.asp

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