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Incoterms 2020 Explained [Complete Guide]
Want to learn about Incoterms 2020? This video is for you.
In this video, I’ll Explain Incoterms 2020 with examples
It’s no secret that Right Incoterm is essential for your Export Import Business. The problem is most people choose the WRONG Incoterm.
That's why I decided to create a video that Explains all 11 Incoterms 2020 with examples.
Here’s a quick preview of what you’ll learn.
What are Incoterms? And Who Made Them?
Why Do We Use Incoterms?
How to use Incoterms?
Next, you’ll learn everything you need to know about 11 Incoterms 2020
00:00 Intro
00:18 What are Incoterms?
00:37 Why Do We Use Incoterms?
00:53 How to use Incoterms?
01:08 Types Of Incoterms
01:54 EXW (Ex-Works)
02:36 FCA (Free Carrier)
03:38 CPT (Carriage Paid To)
04:24 CIP (Carriage and Insurance Paid to)
04:53 DAP (Delivered at place)
05:32 DPU (Delivered at Place Unloaded)
06:14 DDP (Delivery Duty Paid)
07:04 FAS (Free Alongside Ship)
07:51 FOB (Free On Board)
08:36 CFR (Cost and Freight)
09:20 CIF (Cost, Insurance, Freight)
10:08 Best Incoterm for New Exporters?
10:30 Outro
So yeah, by the end of this video you should know exactly how to find the right Incoterm for your Export Import Or shipping Business. Enjoy!
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Disclaimer This video is for educational purposes only.
Incoterms® and the Incoterms® 2020 logo are trademarks of ICC. Use of these trademarks does not imply association with, approval of or sponsorship by ICC unless specifically stated above. The Incoterms® Rules are protected by copyright owned by ICC. Further information on the Incoterms® Rules may be obtained from the ICC website iccwbo.org.
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Komentáře

  • @yo_boi_bxby_cruise
    @yo_boi_bxby_cruise Před 13 hodinami

    Haa this is useful 👌

  • @assatakamate5404
    @assatakamate5404 Před dnem

    Thanks a lot for this clarifications

  • @BUSYHANDSEMBROIDERY

    I am in Nigeria and I need buyers to place orders in bulk for ky fashion business

  • @yatinyoungtobe
    @yatinyoungtobe Před 10 dny

    i will use FOB only

  • @IFEOLUWA-FAYOSE
    @IFEOLUWA-FAYOSE Před 18 dny

    I make clothes, I'll like to get international buyers

  • @user-nz6gq6ds8b
    @user-nz6gq6ds8b Před 20 dny

    Waw your metod work like magic i like it give me more information 👍🏻👍🏻👍🏻

  • @priyankhirpara3714
    @priyankhirpara3714 Před 29 dny

    Very Explained & Informative Video. I am an Exporter of different types of Paper bag & also dealing in Agriculture products.

  • @thomask6752
    @thomask6752 Před 29 dny

    Cardamom

  • @ifeyinwaodinukaeze9883
    @ifeyinwaodinukaeze9883 Před měsícem

    I have just seen your channel right now, very helpful and from Lagos Nigeria West Africa

  • @nakulbagkar.6248
    @nakulbagkar.6248 Před měsícem

    under fca terms whose responbile for container stuffing ?

  • @leejack-eq5wy
    @leejack-eq5wy Před měsícem

    Is there any free platform to find buyer from a. I am from China. i am working in a freight forwarder logistics company.

  • @ss4933
    @ss4933 Před měsícem

    Wow👍👍👍

  • @E.W.konyak
    @E.W.konyak Před měsícem

    I got stag bettle

  • @anienurhayatie68
    @anienurhayatie68 Před měsícem

    Thank you a lot for information

  • @prakashray2590
    @prakashray2590 Před 2 měsíci

    Watching in 2024!

  • @Hasan77795
    @Hasan77795 Před 2 měsíci

    I m hasan Exporter from Bangladesh. liked and subscribed your channels.

  • @user-hm1nc2ui8o
    @user-hm1nc2ui8o Před 2 měsíci

    Please make what app for importes so that People can talk to reach other

  • @aaronsilo4878
    @aaronsilo4878 Před 3 měsíci

    Confidence enough to enter in exam room with this information

  • @IgorAlves-np8zd
    @IgorAlves-np8zd Před 3 měsíci

    very useful content. ty

  • @inconl
    @inconl Před 3 měsíci

    Love your video. Very useful!

  • @HaoHungBinh
    @HaoHungBinh Před 3 měsíci

    Very well I like

  • @FrankUse
    @FrankUse Před 4 měsíci

    omg what a waste of time

  • @rahulsingh0505
    @rahulsingh0505 Před 4 měsíci

    i am from india ,bihar i have large quantity of fox nut....i want to export to usa,uk......anyone from usa and uk reply me....

  • @amirdarvishazad5371
    @amirdarvishazad5371 Před 4 měsíci

    Hi. Where can I download the chart you described here?

  • @emilia9501
    @emilia9501 Před 4 měsíci

    Hello is it any chance I could download these schemas so I could print for my team? It’s so helpful explained

  • @mokoservices
    @mokoservices Před 4 měsíci

    How i find a good person who can do with me business

  • @SueSchroer
    @SueSchroer Před 4 měsíci

    I would love to have a copy of that chart.

  • @azadtimber5712
    @azadtimber5712 Před 4 měsíci

    Cowdung .pine saw dust export

  • @rimxblink4838
    @rimxblink4838 Před 4 měsíci

    Hi With due respect! Wearhosue We Export Basketball and football Home + Away Uniforms, Shooting Shirts, Warm ups and Backpacks in USA. Our designer place any Club Logo on Uniforms and we make the Mock ups ready. Our Quality and Prices are Good with Fast Delivery + Free Shipping

  • @yifengwan
    @yifengwan Před 5 měsíci

    Depends on buyer request. The best for Seller is Ex-W. For me CIF, FOB, and DPU.

  • @bukenyabashir-wf8dx
    @bukenyabashir-wf8dx Před 5 měsíci

    Great work!!! Much appreciation

  • @beatricerelaxingmeditating1969

    We are into Bitter kola, Ginger, Garlic, Charcoal from Nigeria

  • @skyqueenlogistics
    @skyqueenlogistics Před 6 měsíci

    i like it

  • @kripaljadeja751
    @kripaljadeja751 Před 7 měsíci

    Hello I am from India I am exporting eco friendly products like paper cups Dish Glass bowl and many other paper item I am searching buyers

  • @cococraft9077
    @cococraft9077 Před 7 měsíci

    I am from sri lanka ..i will give coconut shell product ,earrings ,necklace ,key tags,ring ,,hand made product

  • @RAHULPrajapati-uy9ht
    @RAHULPrajapati-uy9ht Před 7 měsíci

    hey i rahul for benifexim llp and i req....to send the importer deta of your country

  • @user-lx1ph3mq7r
    @user-lx1ph3mq7r Před 7 měsíci

    Looking for exporter of dried meat in India

  • @user-lx1ph3mq7r
    @user-lx1ph3mq7r Před 7 měsíci

    Looking for exporter of dried meat in India

  • @panneerselvam4961
    @panneerselvam4961 Před 7 měsíci

    EXW / FOB the best option

  • @MdRedoi-qo6up
    @MdRedoi-qo6up Před 7 měsíci

    I sell Google voice or gmail

  • @insightswithdora
    @insightswithdora Před 8 měsíci

    Hello, we are young exporters of food grains, oils seeds like soybeans, sesame seeds, cashew seeds, moringa seeds, bitter kola seeds and lots more.

  • @Swad-KitchenTech.
    @Swad-KitchenTech. Před 8 měsíci

    Hello every one i am sweetcorn supplier from india. If anybody interested pls reply

  • @millimalvi4384
    @millimalvi4384 Před 8 měsíci

    🫡

  • @mahmudaafroz2338
    @mahmudaafroz2338 Před 8 měsíci

    Hlw All I'm from Bangladesh. I'm Exports. I sell vegetables food clothes and hands feet socks. I need a buyer.

  • @priow1239
    @priow1239 Před 8 měsíci

    Amazing

  • @darrelllancaster9554
    @darrelllancaster9554 Před 9 měsíci

    Well done. 🎯

    • @kripaljadeja751
      @kripaljadeja751 Před 7 měsíci

      Hello I am. Form India.i am a exporter . I a. Searching buyers . Are you importing goods from India or interested to import good

  • @yunqian3939
    @yunqian3939 Před 9 měsíci

    Newbie to Incoterms. Why would you drew risks and costs of delivery to port/place & export clearance to seller if you said The buyer is responsible for transportation fee from seller’s place to buyer’s selected place. I thought all the risks and costs are free for seller once they handed the goods to carrier?

    • @kripaljadeja751
      @kripaljadeja751 Před 7 měsíci

      Hello I am. Form India.i am a exporter . I a. Searching buyers . Are you importing goods from India or interested to import good

  • @Karagoldberg7
    @Karagoldberg7 Před 9 měsíci

    📌 I wasn't financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone's that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made.

    • @Dukaamoses
      @Dukaamoses Před 9 měsíci

      Hello, I’m 47 and I am not worth much yet , please help me out. Bought my first house last month and I can't seem to make any other smart investment.

    • @LeeWalton6
      @LeeWalton6 Před 9 měsíci

      wanted to trade, but I got discouraged with the market price fluctuations -.-

    • @LeeWalton6
      @LeeWalton6 Před 9 měsíci

      Can you recommend a guide for me?

    • @Miaisabelle-yk6rd
      @Miaisabelle-yk6rd Před 9 měsíci

      Haven't you heard of Mr Chrissy Barymoer ? He's an experienced trade specialist who has been helping me to make good profits, with his strategies you don't have to bother,and he is on Facebook. .

    • @CharlesWalker-jb1yl
      @CharlesWalker-jb1yl Před 9 měsíci

      I highly recommend Mr Chrissy Barymoer. He is my current trader and His strategies are working amazingly well