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| Delivered Ex Quay - Definition |
Delivered Ex Quay Definition:
In international trade, a contract specification where the seller must deliver the goods to the
wharf at the destination port. Delivered ex quay may be noted as having duty paid or unpaid. If
it is marked as paid, the seller is responsible for any costs, such as duty, and risks associated
with the delivery. The buyer must pay the costs and duty when the DEQ is marked as "duty
unpaid."
In international trade, a contract specification where the seller must deliver the goods to the
wharf at the destination port. Delivered ex quay may be noted as having duty paid or unpaid. If
it is marked as paid, the seller is responsible for any costs, such as duty, and risks associated
with the delivery. The buyer must pay the costs and duty when the DEQ is marked as "duty
unpaid."