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

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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❤ 𝙊𝙪𝙧 𝙨𝙚𝙧𝙫𝙞𝙘𝙚 𝙡𝙞𝙨𝙩:
- Sourcing products: www.supplyia.com/​​​
- 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...
- Products quality inspection: www.supplyia.com/100-percent-...
- Warehouse service-free storage: www.supplyia.com/china-wareho...
- Logistics: www.supplyia.com/shipping-age...
- Your customer representative in China
- Sample collection & quality inspection
- Re-packing, bundling, and labeling
- Custom packaging
- Custom product
- Order follow-up
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☎ 𝘾𝙤𝙣𝙩𝙖𝙘𝙩 𝙪𝙨:
𝗦𝗲𝗿𝘃𝗶𝗰𝗲 𝗶𝗻𝗾𝘂𝗶𝗿𝘆 𝗲𝗺𝗮𝗶𝗹: [e-mail]
𝗜𝗺𝗽𝗼𝗿𝘁 𝗰𝗼𝗻𝘀𝘂𝗹𝘁𝗶𝗻𝗴: [phone] (WhatsApp)
𝗦𝗰𝗵𝗲𝗱𝘂𝗹𝗲 𝗮 𝗰𝗮𝗹𝗹: [phone] (China)
𝗩𝗶𝗱𝗲𝗼 𝗰𝗮𝗹𝗹: [phone] (Skype）

[@supplyia]

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

[@adrianacv727]

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

[@alfemetri6746]

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

[@anandkumarchillalemylar109]

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

[@supplyia]

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

[@chimmay4016]

best video and the most simplified way to learn \

[@supplyia]

"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."

[@bestjonesmunsaka5243]

well explained ,thank you so much.

[@aprendiendoavivir2664]

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

[@supplyia]

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

[@worcestersorcerer]

Excellent overview, many thanks.

[@supplyia]

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

[@MrUsmanghani0092]

Thank you very much for your explanation.

[@hannaroy-th7sq]

good one! you made it easy to remember!

[@supplyia]

thanks

[@OMAR-ol1si]

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?

[@MarufHossenRAJSHAHI]

Thanks a lot for Sharing.

[@alijawed1234]

Very well explained

[@SangramMohanty-kd1ph]

Nicely Explained

[@jamanislam3940]

Nice explanation 👌

[@iranbusiness6989]

Very nice and clear explaination. Thank you

[@supplyia]

MY PLEASURE.

[@corziques]

The best explanation!

[@supplyia]

thank you

[@user-qr8fm5jh1e]

It's amazing ❤

[@tindomags6029]

Thank you sooooooo much!

[@brehanuzewde8301]

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!!!

[@shchowdhury3598]

Good lesson

[@abhijith_5987]

Thanks a lot 🙌🏻✨️❤

[@elgzoli74]

Thank you so much

[@afnan6120]

Excellent

[@moreblessingkereke4427]

Wel explained

[@danielatukwatse9961]

Thanks alot

[@sonalpattani8436]

Thank you

[@supplyia]

my pleasure

[@86rjw]

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

[@fengjane4440]

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

[@Eeevlog]

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]

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

[@jojokagooro192]

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]

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

[@absoluteroyalty6517]

please which one is the most prefer incoterms to use

[@aestheticlyrics4669]

exw

[@ridwanibrahim4697]

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]

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

[@ramiedassen8697]

Please explain DPU

[@itumeleng1282]

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

[@gorgebridge]

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

[@supplyia]

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.

[@Arisadory]

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

[@waelalali937]

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

[@supplyia]

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

[@waelalali937]

@@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]

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

[@fahadniaf]

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

[@aslamshahz]

Please explain with some examples

[@user-mi8mh7bd9o]

How cin find vir

[@supplyia]

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

[@pullathomas7098]

GOODMORNING

[@supplyia]

hi~

[@pullathomas7098]

Hello madam. Where are you from?

[@supplyia]

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]

International Commercial Terms

[@myriamsidibeditcoty6973]

bts Ci force a nous

[@supplyia]

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