Incoterms 2020 was published on 10 September 2019 and came into force on 1st January 2020
The text (ICC Publication 723) can be obtained from various ICC online book stores.
Although the layout of the text is very different from Incoterms 2010, there are very few substantive changes to the meaning of the rules.
The two most important changes are these:
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For a full list of the Incoterms 2020 changes, follow this link
Unless otherwise stated, the rule summaries on this site apply to both Incoterms 2010 and Incoterms 2020
There is no obligation to adopt Incoterms 2020
Trading partners will be free to incorporate Incoterms 2010 (or indeed any earlier revision) into their commercial agreements, but they must be sure to specify which revision should apply.
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