what does ddp stand for

what does ddp stand for refers to “Delivered Duty Paid,” a shipping term used in international trade. Under DDP, the seller is responsible for all costs and risks associated with delivering goods to the buyer’s location, including import duties, taxes, and customs clearance. This arrangement simplifies the buyer’s responsibilities and provides transparency in total landed cost. It’s often preferred by inexperienced importers who want hassle-free delivery. However, sellers need to understand the tax laws and logistics networks in the destination country. Accurate documentation and working with experienced carriers or freight forwarders ensures successful DDP transactions without hidden charges or delays.