DDP stands for Delivered Duty Paid. It’s an incoterm where the seller is responsible for delivering the goods to the buyer’s location, covering all costs and risks, affecting packaging requirements.
DDP, standing for Delivered Duty Paid, is an incoterm in which the seller assumes responsibility for delivering the goods to the buyer's location, covering all associated costs and risks. This comprehensive responsibility includes ensuring that the packaging is sufficiently robust and secure to protect the goods throughout the entire transit process, including any handling, storage, and customs procedures. The DDP term necessitates meticulous attention to packaging requirements to safeguard the condition of the goods, fulfill regulatory compliance, and meet the expectations of both buyer and seller in international trade transactions.