Incoterms for beginners | Global Trade Explained

[@TEXININDUSTRIES]

Find out more about which Incoterms to use!
Check out our other video here: th-cam.com/video/zhozY2CEIAs/w-d-xo.html

[@MindfulMoments2000]

Visually the clearest explanation ever. Thank you

[@arjumandvillagelife]

yes

[@Matt-dr5et]

Perfect, very well explained many thanks!

[@TEXININDUSTRIES]

Glad you found it useful

[@tacticvideo]

Great video for Amazon entrepreneurs 💎

[@TEXININDUSTRIES]

Thanks for appreciating

[@IDC45]

Great video, thanks for the simple explanation.

[@debbieOne2311]

Very simple and understandable. Thank you

[@RajbirSingh-ol5qo]

i cant understand FCA and FAS , what is meant by free along side ship, what is this along side shipping ?

[@TEXININDUSTRIES]

FCA and FAS are not that frequently used, so we decided to leave them out to not make the video complicated for beginners.
FCA is Free Carrier, and it means the seller has to deliver the goods to a pre defined location. This could be a warehouse, an airport, a freight forwarder, or any other place.
FAS is Free along ship. It is almost the same as FOB, except the seller does not need to support loading on the vessel. So from the moment the container is next to the ship, ready for loading, the buyer supports all the costs and risks from there onward.
These terms are confusing for many people and are not so commonly used, but we will make a future video about them also.

[@RajbirSingh-ol5qo]

@@TEXININDUSTRIES Thank-you so much. I appreciate your teaching nd efforts.

[@ziguratu429]

@@TEXININDUSTRIES very useful videos you have. Thanks this also helps me a lot.

[@chrissie5457]

FAS=Free Alongside Ship（...named port of shipment）Under FAS, the seller only needs to bear the costs and risks to complete the export declaration at the side of the ship at the port of export, that is, on the dock beside the ship or on the small boat beside the large ship. I hope it helped.

[@abdikadirmohamed7578]

I thought the insurance coveres the risk of the freight up until the destination port for CIF and the seller is responsible until then

[@ClixxCafe]

INCO-TERMS A MUST To Have Grasped Before Being Into The EXPORT/IMPORT/SHIPPING Business

[@Накормисвоимозги]

Thank you!!

[@everythinginsideu3340]

Thank u. Am new here am having Co fusion buyer means that a buyer will further handle All the situation. In incoterm chart.

[@TEXININDUSTRIES]

Depends on the agreed delivery term.

[@joelsabu8660]

Nice 👍👍

[@dineshdinesh-sr1di]

Sir i need clear chart sheet for 11 regulations.

[@Devilupz]

thanks

[@TEXININDUSTRIES]

You're welcome

[@hilwaamanamankiyar-pp5bf]

EDBy

[@pisces2690]

This is the simplest and best way explanation of incoterms that I've seen. Thanks for sharing 👍🏻

[@TEXININDUSTRIES]

Exactly. The basics that people need to know.

[@Piniuli2]

I was really wondering what these terms are. Best explanation here!

[@TEXININDUSTRIES]

Thanks for your support! 😁

[@AbdullahMahmoods]

This is the simplest and best way explanation of incoterms

[@AtharvSharma-hg1bf]

BBS 3rd year business law syllabus has it, am studying for it wish me luck

[@arturrizzato1034]

Simple, objective and amazing presentation!

[@Chinnaerr]

DDU : Shipper can arrange delivery + custom clearance ( consignee will pay it duty & taxes )
DDP : Shipper can arrange delivery+ custom clearance + Duty Taxes
It is opposite to EXW

[@sriloshini6482]

You explained more shortly 😊

[@VikasVerma-np5fo]

If you are looking to import/ exports from /to the USA or Canada.
We can help you with all your logistics, storage, Transloading and transportation needs of all kinds of freight.

[@AlejandrioVasay]

Best video ever! Thanks for the graphics and simple explanation! ❤

[@malcolmliang]

Thanks I was reading through the list and the official customs sites offered very brief explanation only.

[@AClogisticJames]

I have a question. EXW: Who is pay certificate of origin/ fumigaiton? seller or buyer?

[@sagarsarfale2482]

Seller

[@deadpool7053]

Simply explanation 👍

[@ajitjoshi354]

Very good video. I am happy that DDU can be still used

[@TEXININDUSTRIES]

Yeah, a lot of people still use it. The closest term in Incoterms 2020 is DAP.

[@VikasVerma-np5fo]

If you are looking to import/ exports from /to the USA or Canada. We can help you with all your logistics, storage, Transloading and transportation needs of all kinds of freight.

[@user-ig5go6qo3n]

Perfect explanation, thank you.

[@sinforfun]

Best version of incoterms for beginners! Thank you!

[@PrazMike]

great video, really useful for my research!

[@OmarSlimWhite]

Awesome explanation!

[@TEXININDUSTRIES]

Thanks

[@lealudwig714]

Thank you so much for the great visual explanation. In "exw" in which buyer takes the risk, does it mean that buyer has to record the in-transit inventory in buyer's book at the point if goods leave seller ?

[@amycirrus3390]

Thank you

[@wijayasie337]

Best explanation EVER!

[@TEXININDUSTRIES]

Thanks

[@GitaPuspita-qy4ns]

toofast

[@hilwaamanamankiyar-pp5bf]

FXW

[@hoangthainguyen2162]

What is the most common Incoterms 2020 rule used in recent years in the world? Why this rule is used widely in international trade? Can you answer me :((

[@Prophet_TBJ]

Well explained, thank you so much

[@TEXININDUSTRIES]

glad it helped

[@jeanstudytv6521]

great !! explained well!

[@TEXININDUSTRIES]

Thanks for your appreciation 🤗

[@clint3919]

I can see why DDU can be an optimal choice, for shippers delivering out of the country.

[@leenacatta]

I finally get it 😭

[@TEXININDUSTRIES]

glad this video helped

[@ChristopherKotula]

When you say seller, you're referring to the shipping company correct?

[@arjumandvillagelife]

great 👍👍
thanks

[@sabrinacheam1631]

Literally the most helpful video on incoterms

[@ismahansrod3141]

Well explained thank you love the short format

[@vasilijepesic749]

Ништа не ваља овај видео dislike

[@iTheHMZ]

Such a great way of explanation

[@mariahchalichulu4057]

Best explanation ever ❤

[@paulandrew4312]

wow! very impressive

[@zimlatest1081]

Mai chando from Msu Harare brought me here

[@mohammedshad502]

Well Explanation 🙌🏻

[@nihafarheen]

Thank you!!!

[@HabAbe-b2z]

Thanks ❤❤

[@priow1239]

Amazing

[@HabAbe-b2z]

Thanks

[@harrisondarrel2755]

Thanks. Beautifully explained

[@TEXININDUSTRIES]

Glad it was useful! Make sure to check our other videos🤗