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

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  • Опубликовано: 2 авг 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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    - Sourcing products: www.supplyia.com/​​​
    - Suppliers verification & Factory auditing: www.supplyia.com/china-inspec...
    - Price and MOQ negotiation: www.supplyia.com/our-services...
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    ______________________________________________
    ☎ 𝘾𝙤𝙣𝙩𝙖𝙘𝙩 𝙪𝙨:
    𝗦𝗲𝗿𝘃𝗶𝗰𝗲 𝗶𝗻𝗾𝘂𝗶𝗿𝘆 𝗲𝗺𝗮𝗶𝗹: support@supplyia.com
    𝗜𝗺𝗽𝗼𝗿𝘁 𝗰𝗼𝗻𝘀𝘂𝗹𝘁𝗶𝗻𝗴: +86 173-5795-3001 (WhatsApp)
    𝗦𝗰𝗵𝗲𝗱𝘂𝗹𝗲 𝗮 𝗰𝗮𝗹𝗹: +86 173-5795-3001 (China)
    𝗩𝗶𝗱𝗲𝗼 𝗰𝗮𝗹𝗹: +86 173 5795 3001 (Skype)

Комментарии • 68

  • @supplyia
    @supplyia  8 дней назад

    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 3 года назад +6

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

  • @chimmay4016
    @chimmay4016 27 дней назад

    best video and the most simplified way to learn \

    • @supplyia
      @supplyia  25 дней назад

      "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."

  • @alfemetri6746
    @alfemetri6746 2 года назад

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

  • @alijawed1234
    @alijawed1234 3 года назад

    Very well explained

  • @MrUsmanghani0092
    @MrUsmanghani0092 2 года назад

    Thank you very much for your explanation.

  • @bestjonesmunsaka5243
    @bestjonesmunsaka5243 Год назад +1

    well explained ,thank you so much.

  • @anandkumarchillalemylar109
    @anandkumarchillalemylar109 Год назад +2

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

    • @supplyia
      @supplyia  Год назад

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

  • @MarufHossenRAJSHAHI
    @MarufHossenRAJSHAHI Год назад +1

    Thanks a lot for Sharing.

  • @elgzoli74
    @elgzoli74 2 года назад

    Thank you so much

  • @tindomags6029
    @tindomags6029 Год назад +1

    Thank you sooooooo much!

  • @hannaroy-th7sq
    @hannaroy-th7sq Месяц назад

    good one! you made it easy to remember!

  • @abhijith_5987
    @abhijith_5987 2 года назад

    Thanks a lot 🙌🏻✨️❤

  • @SangramMohanty-kd1ph
    @SangramMohanty-kd1ph Год назад

    Nicely Explained

  • @jamanislam3940
    @jamanislam3940 Год назад

    Nice explanation 👌

  • @user-qr8fm5jh1e
    @user-qr8fm5jh1e 11 месяцев назад

    It's amazing ❤

  • @afnan6120
    @afnan6120 11 месяцев назад

    Excellent

  • @aprendiendoavivir2664
    @aprendiendoavivir2664 2 года назад

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

    • @supplyia
      @supplyia  2 года назад +1

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

  • @shchowdhury3598
    @shchowdhury3598 Год назад

    Good lesson

  • @worcestersorcerer
    @worcestersorcerer Год назад

    Excellent overview, many thanks.

    • @supplyia
      @supplyia  Год назад

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

  • @moreblessingkereke4427
    @moreblessingkereke4427 10 месяцев назад

    Wel explained

  • @danielatukwatse9961
    @danielatukwatse9961 Год назад

    Thanks alot

  • @OMAR-ol1si
    @OMAR-ol1si 2 года назад

    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?

  • @brehanuzewde8301
    @brehanuzewde8301 2 года назад

    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!!!

  • @corziques
    @corziques 6 месяцев назад

    The best explanation!

    • @supplyia
      @supplyia  6 месяцев назад +1

      thank you

  • @iranbusiness6989
    @iranbusiness6989 9 месяцев назад

    Very nice and clear explaination. Thank you

    • @supplyia
      @supplyia  9 месяцев назад

      MY PLEASURE.

  • @sonalpattani8436
    @sonalpattani8436 Год назад +1

    Thank you

  • @86rjw
    @86rjw 3 года назад +2

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

    • @fengjane4440
      @fengjane4440 Год назад

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

  • @absoluteroyalty6517
    @absoluteroyalty6517 3 года назад

    please which one is the most prefer incoterms to use

  • @ridwanibrahim4697
    @ridwanibrahim4697 Год назад

    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  Год назад

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

  • @Eeevlog
    @Eeevlog 2 года назад

    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  2 года назад +1

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

  • @jojokagooro192
    @jojokagooro192 Год назад

    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  Год назад

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

  • @ramiedassen8697
    @ramiedassen8697 3 года назад +1

    Please explain DPU

    • @itumeleng1282
      @itumeleng1282 2 года назад

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

  • @waelalali937
    @waelalali937 2 года назад

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

    • @supplyia
      @supplyia  2 года назад

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

    • @waelalali937
      @waelalali937 2 года назад

      @@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  2 года назад +1

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

  • @aslamshahz
    @aslamshahz 2 года назад

    Please explain with some examples

  • @Arisadory
    @Arisadory 3 года назад +1

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

  • @user-mi8mh7bd9o
    @user-mi8mh7bd9o 7 месяцев назад

    How cin find vir

    • @supplyia
      @supplyia  7 месяцев назад

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

  • @fahadniaf
    @fahadniaf 2 года назад +1

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

  • @gorgebridge
    @gorgebridge 5 месяцев назад

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

    • @supplyia
      @supplyia  5 месяцев назад

      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 2 года назад

    GOODMORNING

  • @supplyia
    @supplyia  2 года назад

    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/

  • @James_Bowie
    @James_Bowie 2 года назад

    International Commercial Terms

  • @myriamsidibeditcoty6973
    @myriamsidibeditcoty6973 Год назад

    bts Ci force a nous

  • @supplyia
    @supplyia  25 дней назад

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

  • @supplyia
    @supplyia  2 года назад

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