Port of Destination

GLOSSARY

POD (Port of Destination)

Port of destination is the port where the seller fulfills his obligation to deliver when the goods have been made available at the named place in the country of importation. The seller has to bear the risks and costs, including duties, taxes and other charges of delivering the goods thereto, clear for importation.

What is POD(Port of Destination)?

Port of destination is the port where the seller fulfills his obligation to deliver when the goods have been made available at the named place in the country of importation. The seller has to bear the risks and costs, including duties, taxes and other charges of delivering the goods thereto, clear for importation.

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Key takeaways:

At the Port of destination, it works as the opposite to the port of origin.

A port of origin essentially refers to a port where the goods are being shipped from.

A port of destination refers to a port where the goods are being received from. In other words, it is the port where the goods are being sent to, and also where the buyer is residing since he is the one buying the goods.

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The difference between Port of Origin and Port of Destination:

The port of origin and port of destination are two completely opposite ports, where one performs the action of the sender while the other acts a receiver. This, as a result allows importers and exporters to better understand the ports they are using for to send and receive shipments.

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Related Terms:

POL(Port of Loading)