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Knowledge Guide: Better understanding the Incoterms

Better understanding the Incoterms’ focuses on the concept of Incoterms as used in international trade, the relationship between Incoterms and trade risks, benefits and insurance, and the different Incoterms in use and changes made in the latest 2020 version. The guide also provides a schematic overview of the different kinds of Incoterms and how responsibilities, risks and costs are shared between a seller and buyer under the respective Incoterms.

This Knowledge Guide forms part of a series of TFSA quick learning guides and materials on export-related topics. These guides are aimed at condensing often complex topics, of relevance to traders and potential exporters, into a more accessible and digestible format that can be referenced online or downloaded and printed for offline viewing.  

Also see the series of separate Knowledge Guides on leading individual Incoterms.  

Download the guide at the link below.