What is Incoterms 2020? | Incoterms Explained

In this video we will explain what is Incoterms 2020 in shipping means.

If you're new to the world of international trade, navigating the various Incoterms can be overwhelming. But don't worry; we've got you covered! In this video, we'll break down the essential information about Incoterms, what they are, and how they work.

There are 11 Incoterms in total, and they are divided into two categories: terms for any mode of transport and terms for sea and inland waterway transport. In this video, I introduce the key points of 3 commonly used incoterms and will be covering the balance 8 incoterms in the coming videos.

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Remember to subscribe to our channel for more informative content. Thanks for watching, and we'll see you in the next video. Happy shipping!

Shipping Revisit

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Listed below are my unlisted video for your reference, you can share the link with anyone, even those who do not have a YouTube account/username.

Any mode of transport (air, sea, rail, truck)

Sea and Inland Waterway only

Note:

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The Incoterms® Rules are protected by copyright owned by ICC. Further information on the Incoterm® Rules may be obtained from the ICC website [insert hyperlink]. 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.

For additional information and resources on the Incoterms® rules and to purchase the full text of the Incoterms® 2020 rules, visit the ICC website:

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