Incoterms Explained: what are incoterms and How to choose incoterm? FOB, EXW, DDP【complete guide】

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  • čas přidán 2. 08. 2024
  • This is an Incoterms Explained video to tell you what are incoterms and how to choose an incoterm. As a beginner, you will learn what are terms of trade or incoterms. We will introduce the basic common Incoterms: FOB, EXW, DDP, CIF, CFR, CPT, CIP, DAP... … You can have a basic understanding of the incoterms after watching this video.
    Services:
    Shipping from China service: www.supplyia.com/shipping-age...
    Consolidate/prep service: www.supplyia.com/our-services...
    Quality inspection service: www.supplyia.com/inspection/c...
    China Sourcing Company Service: www.supplyia.com/​​​
    Article:
    China sourcing agent list: www.supplyia.com/50-best-sour...
    China wholesale websites: www.supplyia.com/china-wholes...
    Incoterms: www.supplyia.com/trade-terms-...
    0:00​​​​​ Intro
    00:14​​​​​ 1. What are incoterms?
    01:16​ 2. Incoterm Explained basic knowledge?
    02:18​​​​​ 3. 4 incoterm groups?
    03:46​​​​​ 4. Incoterm transport?
    04:22​​ 5. Incoterm summary
    04:51​ 6. EXW
    05:19 7. FOB
    05:44​ 8. CFR
    06:08 9. CIF
    06:25 10. CPT
    06:49 11.CIP
    07:10 12. DAP
    07:36 13.DDP
    08:15 14 How to choose a right incoterm
    11:04 15 End
    More information:
    How to buy from 1688:
    www.supplyia.com/how-to-buy-f...
    DDP shipping risks from China:
    www.supplyia.com/ddp-shipping...
    China wholesale website list:
    www.supplyia.com/china-wholes...
    ______________________________________________
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    - Suppliers verification & Factory auditing: www.supplyia.com/china-inspec...
    - Price and MOQ negotiation: www.supplyia.com/our-services...
    - Private label: www.supplyia.com/why-supplyia...
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    ☎ 𝘾𝙤𝙣𝙩𝙖𝙘𝙩 𝙪𝙨:
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    𝗜𝗺𝗽𝗼𝗿𝘁 𝗰𝗼𝗻𝘀𝘂𝗹𝘁𝗶𝗻𝗴: +86 173-5795-3001 (WhatsApp)
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    𝗩𝗶𝗱𝗲𝗼 𝗰𝗮𝗹𝗹: +86 173 5795 3001 (Skype)

Komentáře • 68

  • @supplyia
    @supplyia  Před 9 dny

    𝗜𝗺𝗽𝗼𝗿𝘁 𝗰𝗼𝗻𝘀𝘂𝗹𝘁𝗶𝗻𝗴:
    WhatsApp: +86 180-5796-3881 (Amazon Service)
    WhatsApp: +86 180-6997-3882 (Sourcing Service)
    WhatsApp: +86 159-5890-2837 (Shipping Service)
    WhatsApp: +86 153-5533-5257 (Quality Control)
    WhatsApp: +86 153-7291-2018 (Shopping Service)

  • @adrianacv727
    @adrianacv727 Před 3 lety +6

    Thank you so much for sharing such great information. Now, a lot of things start making sense. Thank you!

  • @alfemetri6746
    @alfemetri6746 Před 2 lety

    Best video I've watch so far on the subject.

  • @chimmay4016
    @chimmay4016 Před 27 dny

    best video and the most simplified way to learn \

    • @supplyia
      @supplyia  Před 26 dny

      "Thank you for your acknowledgment, but this is just a basic system breakdown. You will need to do your own research to understand the finer details."

  • @MrUsmanghani0092
    @MrUsmanghani0092 Před 2 lety

    Thank you very much for your explanation.

  • @bestjonesmunsaka5243
    @bestjonesmunsaka5243 Před rokem +1

    well explained ,thank you so much.

  • @alijawed1234
    @alijawed1234 Před 3 lety

    Very well explained

  • @anandkumarchillalemylar109

    It is well explained about the obligation/responsibilities of both the seller and the buyer with relevant charts. Thank you very much.

    • @supplyia
      @supplyia  Před rokem

      thank you. but this video is just for reference only. buyer will get more from practice.

  • @aprendiendoavivir2664
    @aprendiendoavivir2664 Před 2 lety

    Thank you very much, this has been very helpful for helping me understand my classes

    • @supplyia
      @supplyia  Před 2 lety +1

      Hi, this is just fore refereence, you will learn during the real operation.

  • @MarufHossenRAJSHAHI
    @MarufHossenRAJSHAHI Před rokem +1

    Thanks a lot for Sharing.

  • @elgzoli74
    @elgzoli74 Před 2 lety

    Thank you so much

  • @tindomags6029
    @tindomags6029 Před rokem +1

    Thank you sooooooo much!

  • @hannaroy-th7sq
    @hannaroy-th7sq Před měsícem

    good one! you made it easy to remember!

  • @worcestersorcerer
    @worcestersorcerer Před rokem

    Excellent overview, many thanks.

    • @supplyia
      @supplyia  Před rokem

      the video is too old. you can check around for the new updates about this

  • @SangramMohanty-kd1ph
    @SangramMohanty-kd1ph Před rokem

    Nicely Explained

  • @abhijith_5987
    @abhijith_5987 Před 2 lety

    Thanks a lot 🙌🏻✨️❤

  • @shchowdhury3598
    @shchowdhury3598 Před rokem

    Good lesson

  • @user-qr8fm5jh1e
    @user-qr8fm5jh1e Před 11 měsíci

    It's amazing ❤

  • @jamanislam3940
    @jamanislam3940 Před 2 lety

    Nice explanation 👌

  • @afnan6120
    @afnan6120 Před 11 měsíci

    Excellent

  • @moreblessingkereke4427
    @moreblessingkereke4427 Před 10 měsíci

    Wel explained

  • @corziques
    @corziques Před 6 měsíci

    The best explanation!

  • @iranbusiness6989
    @iranbusiness6989 Před 9 měsíci

    Very nice and clear explaination. Thank you

  • @danielatukwatse9961
    @danielatukwatse9961 Před rokem

    Thanks alot

  • @brehanuzewde8301
    @brehanuzewde8301 Před 2 lety

    Is a very lmportant knowledge transfered about inco terms about seller, buyer obligation in the international trade ,please includes document related import and export in your descution thankyou so much for teaching!!!

  • @sonalpattani8436
    @sonalpattani8436 Před rokem +1

    Thank you

  • @OMAR-ol1si
    @OMAR-ol1si Před 2 lety

    Thank you for your video.
    What about the cost of the container if I have goods that need to be put in a 20 or 40 feet container?

  • @86rjw
    @86rjw Před 3 lety +2

    Could please able to explain further how we determine which incoterm to be used

    • @fengjane4440
      @fengjane4440 Před rokem

      We are a sourcing consult company in China. We help oversea company sourcing goods in China.

  • @Arisadory
    @Arisadory Před 3 lety +1

    You don’t know how much your video helps me study for my course

  • @Eeevlog
    @Eeevlog Před 2 lety

    I like DDP shipping services but just wondering what would be the illegal things involve in this incoterm? If you could please explain more, I would really appreciate 🙏

    • @supplyia
      @supplyia  Před 2 lety +1

      HI, take this as reference. www.supplyia.com/ddp-shipping-from-china/ thank you

  • @ramiedassen8697
    @ramiedassen8697 Před 3 lety +1

    Please explain DPU

    • @itumeleng1282
      @itumeleng1282 Před 2 lety

      That's what I saw was missing too. Hopefully she will add it.

  • @absoluteroyalty6517
    @absoluteroyalty6517 Před 3 lety

    please which one is the most prefer incoterms to use

  • @jojokagooro192
    @jojokagooro192 Před rokem

    i hope i get a reply
    anyway i still havent understood the difference between the F.O.B and the C.I.F. according to your explanation, please elaborate when the buyer takes on the risk. and is the risk the goods or the documents like bills of ladding

    • @supplyia
      @supplyia  Před rokem

      check this picture: www.supplyia.com/wp-content/uploads/2020/12/Incoterm-Alibaba-Incoterm.png

  • @supplyia
    @supplyia  Před 2 lety

    Shipping from China service: www.supplyia.com/shipping-agent-in-china/
    Consolidate/prep service: www.supplyia.com/our-services/china-warehouse/
    Quality inspection service: www.supplyia.com/inspection/china-inspection-services/

  • @fahadniaf
    @fahadniaf Před 2 lety +1

    Someone please listen at 00:58 and tell me I'm not hearing things.

  • @aslamshahz
    @aslamshahz Před 2 lety

    Please explain with some examples

  • @supplyia
    @supplyia  Před 26 dny

    China goods consolidation shipments service: www.supplyia.com/our-services/china-consolidation-services/
    😄😄😄

  • @ridwanibrahim4697
    @ridwanibrahim4697 Před rokem

    how can i apply ex works if i live different country than my supplier. will he or she agree to take the goods to my air freighters place?

    • @supplyia
      @supplyia  Před rokem

      Usually yes, the manufacturer will tell you the cost of additional transportation to your airport

  • @gorgebridge
    @gorgebridge Před 5 měsíci

    at 6:49, I think seller may not have any obligation for insurance in CPT

    • @supplyia
      @supplyia  Před 5 měsíci

      you are right, under the Carriage Paid To (CPT) Incoterm, the seller does not have any obligation to arrange or pay for insurance for the goods being shipped.

  • @pullathomas7098
    @pullathomas7098 Před 2 lety

    GOODMORNING

  • @waelalali937
    @waelalali937 Před 2 lety

    If I want the supplier to ship my goods to an address inside China
    What is the best option to choose?

    • @supplyia
      @supplyia  Před 2 lety

      let the supplier help you do it. they know how to do and the cost is not high.

    • @waelalali937
      @waelalali937 Před 2 lety

      @@supplyia I'm not talking about the price
      I ment on the best incoterm to ensure that the supplier will ship the goods to the address within China.
      You know that EXW means that the supplier is not obligated to ship the item

    • @supplyia
      @supplyia  Před 2 lety +1

      ''FOB '' you can try. and tell them the address

  • @James_Bowie
    @James_Bowie Před 2 lety

    International Commercial Terms

  • @user-mi8mh7bd9o
    @user-mi8mh7bd9o Před 7 měsíci

    How cin find vir

    • @supplyia
      @supplyia  Před 7 měsíci

      Unfortunately, your question "How cin find vir?" is a bit ambiguous. To give you the best answer, I need some more context.

  • @myriamsidibeditcoty6973

    bts Ci force a nous

  • @supplyia
    @supplyia  Před 2 lety

    DDP Shipping Risk When Shipping from China www.supplyia.com/ddp-shipping-from-china/