Delivered Duty Paid: the seller delivers to the buyer and pays import duty and taxes.
DDP puts the most cost and risk on the seller, who must handle customs in the buyer’s country.
Related terms
- DAP — Delivered at Place: the seller delivers to the named place, unloading is the buyer’s job.
- Incoterms — Eleven standard trade terms (2020 edition) that say who pays for what and when risk passes.
- EXW — Ex Works: the buyer collects the goods at the seller’s premises and pays for everything after that.