CPT (Carriage Paid To)

Carriage Paid To (CPT) is an incoterm, or international trade term, used to define and demarcate the obligations of a buyer and seller during the movement of goods. Under CPT terms, the seller carries the cost of delivery of goods to an agreed-upon destination while the buyer bears all associated risk from that point onward, including customs duties and taxes. As such, CPT represents a cost-effective approach for buyers looking to transport goods internationally, enabling them to take advantage of competitive global markets with minimal risk.