Using the current Incoterms 2020 chart codes is not only advisable in international trade of goods. Their use can also help to make national business easier.
Which Incoterms are currently valid?
Currently, the Incoterms 2020 apply. The publisher, the International Chamber of Commerce (ICC), identifies the current status of the Incoterms by indicating the year. For the current version, the ICC deleted the DAT clause of the version previously effective and integrated a newly created clause.
Are there Incoterms 2021?
There are no dedicated Incoterms 2021. The Incoterms 2020 remain valid until a new version is issued, just like Incoterms 2010 were the valid predecessor of the current version until 2020. Since their first definition in 1936, the Incoterms have been adapted several times. In Incoterms 2010, for example, the number of clauses was reduced from 13 to 11 clauses. The total number of clauses has remained the same even after the latest revision of the standard in 2020.