Incoterms 2020 explained for exporters and importers

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When you are exporting or importing goods, what are the best Incoterms for your business? The course will not make you an Incoterms expert but will provide you with sufficient understanding to answer the question. The course is designed with UK exporters and importers in mind, however, Incoterms are international trade rules used worldwide. Therefore, the course benefits traders in any country. 

Topics

  • What Incoterms do 
  • Incoterms 2020 changes 
  • General overview and least/most risk Incoterms for an exporter and importer
  • EXW, FCA, CPT, CIP, DAP, DPU, DDP
  • Rules for sea and inland waterway transport: FAS, FOB, CFR, CIF 

Slides are available in the resources section. In addition, after purchasing the course, you will be given access to the articles on the platform.   

Quiz & Certificate

Quizzes and a test are included to help you to test your knowledge. After answering more than 60% of the test questions correctly, you will be awarded a certificate. 

Time

Please plan to dedicate 50-60 min. to learning.

Eager to learn more about exporting and importing?

Check the Exporting Basics and Importing Basics video courses!

Happy learning and exporting!

Resources are available after purchase.

Comments ()

News update
icon
New EU requirements for packaging and the import of packaged products - coming soon
02-03-2025

In addition to the numerous sustainability-related areas assigned to customs (CBAM, EUDR, forced labor prohibition regulation, CITES, etc.), customs will soon be assigned another task – the control of packaging compliance with sustainability requirements. Accordingly, importers themselves will have to be aware of one more regulation. Let's review the new regulation on packaging and packaging waste and the requirements set out in it.

Greta Kulikauske

import
News update
icon
New EU requirements for packaging and the import of packaged products - coming soon
02-03-2025

In addition to the numerous sustainability-related areas assigned to customs (CBAM, EUDR, forced labor prohibition regulation, CITES, etc.), customs will soon be assigned another task – the control of packaging compliance with sustainability requirements. Accordingly, importers themselves will have to be aware of one more regulation. Let's review the new regulation on packaging and packaging waste and the requirements set out in it.

Greta Kulikauske

import
Topic spotlight
icon
Don't let this happen to you! US export control law and re-export from the EU
14-01-2025

The American export control authority, the Bureau of Industry and Security, has published an updated version of “Don't let this happen to you!” - an introduction to the consequences of violating US export control law. As a European company, you may wonder why this should concern you. This is due to the unique nature of US export control laws, which apply extraterritorially. In this overview, we provide a brief summary of some important aspects and practical examples of infringements.

Sabine van Osenbrüggen

restrictions, trade barriers, export
Topic spotlight
icon
Don't let this happen to you! US export control law and re-export from the EU
14-01-2025

The American export control authority, the Bureau of Industry and Security, has published an updated version of “Don't let this happen to you!” - an introduction to the consequences of violating US export control law. As a European company, you may wonder why this should concern you. This is due to the unique nature of US export control laws, which apply extraterritorially. In this overview, we provide a brief summary of some important aspects and practical examples of infringements.

Sabine van Osenbrüggen

restrictions, trade barriers, export
Topic spotlight
icon
Interview: Why Politicians Lie About Trade... and What You Need to Know about It
24-11-2024

Dmitry Grozoubinski is a recognized authority on international trade policy and the author of “Why Politicians Lie About Trade”. The book is an accessible guide to how international trade really works. It gives voters a peak behind the curtain, and equips them with the tools to ask the right questions of those in power promising miracles or warning of disasters. In an interview with CustomsClear’s Anna Jerzewska, Dmitry talks about his book and experience venturing into the world of customs.

Dmitry Grozoubinski

trade topics
Topic spotlight
icon
Interview: Why Politicians Lie About Trade... and What You Need to Know about It
24-11-2024

Dmitry Grozoubinski is a recognized authority on international trade policy and the author of “Why Politicians Lie About Trade”. The book is an accessible guide to how international trade really works. It gives voters a peak behind the curtain, and equips them with the tools to ask the right questions of those in power promising miracles or warning of disasters. In an interview with CustomsClear’s Anna Jerzewska, Dmitry talks about his book and experience venturing into the world of customs.

Dmitry Grozoubinski

trade topics
Perspective
icon
Top five challenges for European customs
28-08-2024

Someone recently asked me what are the current top challenges for customs in Europe. The article is an attempt to summarise the answer to this question. These are the five issues that, in my opinion, are likely to impact the customs industry in the upcoming months and years. Some are more across-the-board and some are a bit more niche and local. The article comes from the author’s personal experience of working in the industry and across the private and public sectors and is therefore a personal perspective. By no means an exhaustive list.

Dr Anna Jerzewska

customs clearance, trade topics
Perspective
icon
Top five challenges for European customs
28-08-2024

Someone recently asked me what are the current top challenges for customs in Europe. The article is an attempt to summarise the answer to this question. These are the five issues that, in my opinion, are likely to impact the customs industry in the upcoming months and years. Some are more across-the-board and some are a bit more niche and local. The article comes from the author’s personal experience of working in the industry and across the private and public sectors and is therefore a personal perspective. By no means an exhaustive list.

Dr Anna Jerzewska

customs clearance, trade topics
Case law
icon
Importing chemicals: CJEU rules who bears the burden of administrative work
10-07-2024

Registration, Evaluation, Authorisation and Restriction of Chemicals (REACH) regulation is the EU’s main instrument to protect human health and the environment from the risks that can be posed by chemicals. The legislation places a registration obligation on the importer. However, the definitions of the importer and import under the REACH legislation do not align with the customs terminology. The article demonstrates what happens when discrepancies arise.

Dr David Savage

customs clearance, restrictions, trade barriers, import
Case law
icon
Importing chemicals: CJEU rules who bears the burden of administrative work
10-07-2024

Registration, Evaluation, Authorisation and Restriction of Chemicals (REACH) regulation is the EU’s main instrument to protect human health and the environment from the risks that can be posed by chemicals. The legislation places a registration obligation on the importer. However, the definitions of the importer and import under the REACH legislation do not align with the customs terminology. The article demonstrates what happens when discrepancies arise.

Dr David Savage

customs clearance, restrictions, trade barriers, import
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