{"uid":"cap_Ic_5pYtb0bGwMvUFGxIn8","slug":"tradepulse-incoterms-2020-decoder-af1f69f2","name":"TradePulse Incoterms 2020 Decoder","description":"Incoterms 2020 decoder for trade and import-export agents. Returns a plain-English explanation of any Incoterm with buyer/seller obligation split, risk transfer point, documentation checklist, and insurance guidance.","url":"https://tradepulse.theaslangroupllc.com/api/trade/incoterms","method":"GET","headers":{},"bodySchema":{"type":"object","$schema":"https://json-schema.org/draft/2020-12/schema","required":["input"],"properties":{"input":{"type":"object","required":["type","method"],"properties":{"type":{"type":"string","const":"http"},"method":{"enum":["GET","HEAD","DELETE"],"type":"string"},"queryParams":{"type":"object","properties":{"lang":{"type":"string"},"term":{"type":"string"},"product":{"type":"string"},"to_country":{"type":"string"},"from_country":{"type":"string"}}}},"additionalProperties":false},"output":{"type":"object","required":["type"],"properties":{"type":{"type":"string"},"errors":{"type":"object","description":"Documented error responses, keyed by HTTP status code","additionalProperties":{"type":"object","required":["description"],"properties":{"example":{"type":"object"},"description":{"type":"string"}}}},"example":{"type":"object"}}}}},"responseSchema":{"type":"json","example":{"term":"FOB","full_name":"Free on Board","when_NOT_to_use":["Container shipments — use FCA instead (ICC 2020 recommendation)"],"buyer_obligations":{"pays_for":["Ocean freight","Marine insurance","Import duties"]},"seller_obligations":{"pays_for":["Export customs","Origin port handling to vessel"]},"risk_transfer_point":"When goods pass ship's rail at named port of origin"}},"example":null,"exampleRequest":null,"tags":["x402"],"displayCostAmount":"0.1","displayCostAsset":"USDC","priceDynamic":false,"priceHint":null,"priceStatus":"priced","priceSource":"probe","requiresHandshake":false,"reviewCount":0,"rating":{"score":"0.00","successRate":"0.00","reviews":0,"stars":null,"state":"unrated"},"availabilityStatus":"unknown","priceObserved":null,"sessionDeposit":null,"pricing":{"kind":"static","summary":"$0.1/call","primary":{"kind":"static","protocol":"x402","network":"base","amountUsd":"0.1","per":"call","confidence":"exact"},"accepted":[{"kind":"static","protocol":"x402","network":"base","amountUsd":"0.1","per":"call","confidence":"exact"}]},"paymentMethods":[{"uid":"pm_1I0FpBeQAr-eAW5CXxG-8","protocol":"x402","methodType":"crypto","chain":"base","mode":"charge","costAmount":"0.1","costPer":"request","priority":0,"asset":"0x833589fCD6eDb6E08f4c7C32D4f71b54bdA02913","unit":"request","depositMicros":null,"planRef":null}],"brandName":null,"brandSlug":null,"brandBaseUrl":null,"brandDocsUrl":null,"whatItDoes":"Returns a plain-English explanation of any Incoterm code including buyer/seller obligation split, risk transfer point, documentation checklist, and insurance guidance.","exampleAgentPrompt":"Can you decode the Incoterm 'CIF' for me — I need a plain-English breakdown of what the seller vs. buyer is responsible for, when risk transfers, what documents are required, and whether insurance is mandatory?","exampleUseCases":[{"title":"Import contract obligation verification","prompt":"We just received a purchase order from our supplier marked with DDP terms, but I'm not entirely sure what that means for us as the buyer. Can you break down what we're responsible for, when the risk officially transfers to us, what paperwork we need to collect, and whether we need to arrange any insurance coverage?"},{"title":"Shipping term comparison for procurement","prompt":"I'm trying to decide between FOB and CIF for ordering components from overseas. Walk me through how the obligations split between us and the seller for each one, show me exactly when ownership risk passes to us, list out the documents we'll need in either scenario, and clarify the insurance expectations under both terms."},{"title":"Trade compliance document checklist","prompt":"Our contract says 'EXW' but I'm not familiar with what that actually entails. Can you explain what the seller is on the hook for versus what falls on us, tell me the exact point where risk transfers, give me a complete checklist of documents required, and let me know if either party needs to arrange insurance?"}],"resultDescription":"A structured response containing: plain-English explanation of the requested Incoterm, a split of buyer vs. seller obligations, the specific point at which risk transfers from seller to buyer, a checklist of required trade documents, and guidance on insurance requirements under that term.","failureModes":["Invalid or unrecognized Incoterm code returns an error","Missing required query parameter returns a 400 Bad Request","Payment not completed or insufficient USDC balance returns a 402 Payment Required","Service unavailable returns a 503"],"whenToPreferThis":"Use this endpoint when an agent or user needs to interpret an Incoterm code appearing in a trade contract, invoice, or purchase order and requires a structured breakdown of obligations, risk, documentation, and insurance — especially when working within the TradePulse suite of trade intelligence tools where sibling endpoints handle tariffs, HS codes, and landed costs.","instructions":null,"reviewSummary":null,"reviewSummaryHighlights":null,"reviewSummaryConcerns":null,"reviewSummaryGeneratedAt":null,"activationCount":0,"lastUsedAt":null,"lastSuccessfullyRanAt":null,"lastHealthCheckAt":"2026-09-13T18:42:23.065Z","isFirstParty":false}