Incoterms® 2020 · Quote comparison
Compare Incoterms quotes
Two shipping quotes can include very different costs. Compare what you'll actually pay before choosing.
How to Compare Two Supplier Quotes
- 1Choose shipment details.
Select the transport mode and whether both quotes use the same origin and destination.
- 2Enter Quote A and Quote B.
Select each Incoterms® rule, enter the named places and supplier price in USD, and answer any destination or DDP questions that appear.
- 3Check additional costs.
Open “Show Additional Cost Details” to review charges that may affect the comparison. The suggested allocations follow the selected rules, but your quote may differ.
- 4Set each charge's status.
Use “Included in the quoted price,” “Buyer pays separately,” “Confirm with supplier,” or “Not applicable.” Enter buyer-paid amounts; for a confirmation, enter a genuine maximum if known, or leave it blank.
- 5Compare and review.
Select “Compare Quotes.” Review the outcome, any missing or unconfirmed charges, and the Risk & Responsibilities section before deciding.
Compare like with like. Make sure both offers cover the same shipment and commercial scope. A supplier may include more or less than its Incoterms rule normally allocates.
How to Read Your Quote Comparison Results
The calculator focuses on charges that could change which quote is cheaper. It does not automatically add every shipping charge.
With these amounts and no other relevant differences, Quote A is cheaper by $200. Figures are illustrative, not freight rates.
A charge marked “Confirm with supplier” can add $0 up to the maximum you enter. Leave its amount blank when no supported maximum exists; the upper total then remains open. The outcome can be definite, tied, uncertain, or not ready.
Not a full landed-cost calculation. Costs treated as equal between quotes may be left out; duties and taxes generally stay outside the comparison unless DDP is involved or you change an allocation. Recoverable import VAT may be shown as cash outlay rather than economic cost. Confirm the actual terms and tax treatment.
What to Confirm Before Accepting a Quote
Use these checks to resolve the details a headline price cannot establish.
Verify cargo, quantities, origin, destination, currency, and what each offer actually supplies.
Confirm the Incoterms® 2020 rule and precise port, terminal, or delivery point in writing.
Ask about main freight, surcharges, terminal handling, unloading, documentation, customs, duties, and destination fees.
Check when delivery and risk transfer, who arranges insurance, and whether the actual coverage is adequate.
Get answers for every “Confirm with supplier” item, including actual charges or dependable maximums. Update the comparison afterward.
Extra checks for DDP. Confirm duties and import VAT in the price, who can legally act as importer of record, and whether any VAT is recoverable and correctly invoiced. Incoterms alone cannot settle customs and tax obligations.
Step 1Shipment Details
Enter the shipment information used for both quotes.
Step 2Supplier Quotes
Enter each supplier’s Incoterms rule, named places, and quoted price. Enter both quoted prices to see the gap between them.
Step 3Additional Costs to Consider
Some charges may already be included in your supplier's quoted price. See which of these may apply to your shipment.
Costs you may want to check:
- Freight and transportation
- Cargo insurance
- Terminal handling and unloading
- Documentation and customs charges
Show Additional Cost DetailsHide Additional Cost Details
Step 4Comparison Results
Your inputs have changed. Select Update Quote Comparison to refresh the results.
Risk & Responsibilities
Review delivery, transit risk, insurance and customs responsibilities for each rule.
Incoterms 2020 Responsibility & Cost Matrix
Every charge, the ICC basis, and who pays under each quote.
Need help choosing an Incoterm? Use the Incoterms Rule Finder.
