Similar to the seller’s responsibilities in CIF plus that the shipper has to pay for the freight insurance and appointing the customer for the insurance while the products are in the process of shipping and transit.

In a CPT trade, the seller delivers the products to a carrier or to a person chosen by the seller, in a location mutually agreed between the customer and seller, and that the seller pays the freight charges to transfer the product to the destination.

CPT (Carriage Paid To) is an international trade term that specifies the point at which the seller of a product is responsible for paying the cost of transporting the goods to a specified destination. In the context of Amazon and other online marketplaces, CPT may be used to determine the point at which the seller is responsible for paying the cost of shipping the goods to the buyer.

There are a few key elements of the CPT trade term that sellers on Amazon and other online marketplaces should be aware of. These elements include:

• Responsibility for transportation costs: Under the CPT trade term, the seller is responsible for paying the cost of transporting the goods to the specified destination. This includes the cost of hiring a carrier, as well as any additional charges such as insurance or handling fees.
• Risk of loss or damage: The risk of loss or damage to the goods is generally transferred from the seller to the buyer once the goods have been delivered to the carrier for transport. This means that if the goods are lost or damaged during transport, the buyer may be entitled to seek compensation from the seller.
• Delivery requirements: The CPT trade term requires the seller to deliver the goods to the carrier at the agreed-upon location. The seller is also generally required to provide the necessary documentation to the carrier, such as a bill of lading or export documents.

There are a few key advantages and disadvantages of using the CPT trade term in the context of Amazon and other online marketplaces. Some of the advantages include:

• Simplified shipping process: By using the CPT trade term, sellers on Amazon and other online marketplaces may be able to simplify the shipping process by transferring the responsibility for transportation costs to the buyer. This can be particularly useful for sellers who do not have the resources or expertise to handle shipping and logistics themselves.
• Reduced risk of loss or damage: The CPT trade term also reduces the risk of loss or damage to the goods for sellers, as the risk of loss or damage is transferred to the buyer once the goods have been delivered to the carrier. This can be a useful way for sellers to protect themselves against potential losses or damages.

There are also a few disadvantages of using the CPT trade term in the context of Amazon and other online marketplaces. Some of the disadvantages include:

• Increased cost: The CPT trade term may increase the cost of selling on Amazon and other online marketplaces for sellers, as the seller is responsible for paying the cost of transporting the goods to the specified destination. This can be a concern for sellers who are looking to minimize costs and maximize profits.
• Reduced control: The CPT trade term also reduces the level of control that sellers have over the shipping process, as the seller is required to deliver the goods to the carrier at the agreed-upon location. This can be a disadvantage for sellers who are looking to have more control over the shipping process or who need to ensure that the goods are delivered to a specific location.

In summary, CPT (Carriage Paid To) is an international trade term that specifies the point at which the seller of a product is responsible for paying the cost of transporting the goods to a specified destination. In the context of Amazon and other online marketplaces, CPT may be used to determine the point at which the seller is responsible for paying the cost of shipping the goods to the buyer. There are a few key advantages and disadvantages of using the CPT trade term in the context of Amazon and other online marketplaces, including a simplified shipping process, reduced risk of loss or damage, and increased cost and reduced control.