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.