Logistics

CFR

Cost and Freight (Incoterms® 2020)

ADVISORY
Vietnamese
Tiền hàng và cước phí
English
Cost and freight
Abbreviation
CFR
Synonyms
CNF, C&F

Definition

Seller pays freight to destination port without insurance; risk passes on loading.

Explanation

Insurance (actual or as prescribed) must be added when determining customs value.

Example

CFR Hai Phong.