SlideShare a Scribd company logo
PRELIMINARY FOR EXPORT
IMPORT
DIEM - 0215
(Copy Rights With iiiEM, Ahmedabad)
TOPICS
• INCOTERMS – Export Pricing
• International Terms
• Types of Ports
• Types of Containers
• Types of Packaging
• International Payment Terms
DIEM - 0215
(Copy Rights With iiiEM, Ahmedabad)
INCO TERMS
What is INCOTERMS? – Click
• Importance of INCOTERMS?
- Port of Loading
- Port of Destination
• Types of INCOTERMS
i. Ex Works – Cost Up to Factory
ii. FOB – Free On Board – Cost Up to Port of Loading
(Cost Up to Factory + Local Transportation +
Custom Clearance Charges)
DIEM - 0215
(Copy Rights With iiiEM, Ahmedabad)
INCO TERMS
i. C&F / CFR / CNF – Cost & Freight – Cost Up to Port of
Destination
(FOB + Shipping Line / Airline Freight Charges Up to
Port of Destination)
ii. CIF – Cost Insurance & Freight –
(C&F + Insurance Charges)
iii. DDU – Delivery Duty Unpaid –
(CIF + Import Clearance Charges at Port of Destination)
iv. DDP – Delivery Duty Paid –
(Door Delivery Charges without Import Duty)
DIEM - 0215
(Copy Rights With iiiEM, Ahmedabad)
TYPES OF PORTS & TERMS
A. SEA PORT - Click
B. AIR PORT - Click
C. DRY PORT- Click
- CFS – Container Freight Station
- ICD – Inland Container Depot
• Trans-shipment
• Partial Shipment
DIEM - 0215
(Copy Rights With iiiEM, Ahmedabad)
TYPES OF CONTAINERS
• 20’ft - Size
• 40’ft - Size
• 40’ft HQ - Size
• Drum Containers
• Open Top Containers
• Flat Track Containers
• Referrer Containers
DIEM - 0215
(Copy Rights With iiiEM, Ahmedabad)
TYPES OF CONTAINERS
What is FCL & LCL?
• How to Calculate Freight Charges in LCL
- Weight or Volume
DIEM - 0215
(Copy Rights With iiiEM, Ahmedabad)
TYPES OF PACKING
• Primary Packing
• Secondary Packing
• Importance of Marks & Numbers on Boxes
• Preference of Marks & Numbers on Boxes
• Types of Material being used in Packing
- Bag Packing
- Carton / Corrugated box Packing
- Drum Packing
- Wooden Box / Pallets
What is fumigation?
DIEM - 0215
(Copy Rights With iiiEM, Ahmedabad)
INTERNATIONAL PAYMENT TERMS
• 100% Advance
• Part Advance Balance Against Proof of Export
• CAD - Cash Against Documents / D/P –
Documents Against Payment
- Transactional Cycle under CAD (*)
• D/A: Documents Against Acceptance
- Transactional Cycle under D/A (*)
(Cont…)
DIEM - 0215
(Copy Rights With iiiEM, Ahmedabad)
INTERNATIONAL PAYMENT TERMS
Risk involved under Above Payment Terms
– Advances – Risk For Importer
– CAD or D/A –Risk For Exporter
DIEM - 0215
(Copy Rights With iiiEM, Ahmedabad)
INTERNATIONAL PAYMENT TERMS
• Introduction of Letter of Credit (L/C) – Click
Also Known As DOCUMENTRY CREDIT (UCP - DC)
- What is L/C?
- Cycle for Receiving Letter of Credit
- Safety for Exporter & Importer
DIEM - 0215
(Copy Rights With iiiEM, Ahmedabad)
INTERNATIONAL PAYMENT TERMS
TYPES OF L/C
- Revocable L/C / Irrevocable L/C
- At Sight L/C / It Usance L/C
- Restricted L/C
- Transferable L/C / Back to Back L/C
- Revolving L/C
- Confirmed L/C
DIEM - 0215
(Copy Rights With iiiEM, Ahmedabad)
Thank You..!!!
helpdesk@iiiem.in
DIEM - 0215
(Copy Rights With iiiEM, Ahmedabad)

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EXPORT IMPORT BASICS

  • 1. PRELIMINARY FOR EXPORT IMPORT DIEM - 0215 (Copy Rights With iiiEM, Ahmedabad)
  • 2. TOPICS • INCOTERMS – Export Pricing • International Terms • Types of Ports • Types of Containers • Types of Packaging • International Payment Terms DIEM - 0215 (Copy Rights With iiiEM, Ahmedabad)
  • 3. INCO TERMS What is INCOTERMS? – Click • Importance of INCOTERMS? - Port of Loading - Port of Destination • Types of INCOTERMS i. Ex Works – Cost Up to Factory ii. FOB – Free On Board – Cost Up to Port of Loading (Cost Up to Factory + Local Transportation + Custom Clearance Charges) DIEM - 0215 (Copy Rights With iiiEM, Ahmedabad)
  • 4. INCO TERMS i. C&F / CFR / CNF – Cost & Freight – Cost Up to Port of Destination (FOB + Shipping Line / Airline Freight Charges Up to Port of Destination) ii. CIF – Cost Insurance & Freight – (C&F + Insurance Charges) iii. DDU – Delivery Duty Unpaid – (CIF + Import Clearance Charges at Port of Destination) iv. DDP – Delivery Duty Paid – (Door Delivery Charges without Import Duty) DIEM - 0215 (Copy Rights With iiiEM, Ahmedabad)
  • 5. TYPES OF PORTS & TERMS A. SEA PORT - Click B. AIR PORT - Click C. DRY PORT- Click - CFS – Container Freight Station - ICD – Inland Container Depot • Trans-shipment • Partial Shipment DIEM - 0215 (Copy Rights With iiiEM, Ahmedabad)
  • 6. TYPES OF CONTAINERS • 20’ft - Size • 40’ft - Size • 40’ft HQ - Size • Drum Containers • Open Top Containers • Flat Track Containers • Referrer Containers DIEM - 0215 (Copy Rights With iiiEM, Ahmedabad)
  • 7. TYPES OF CONTAINERS What is FCL & LCL? • How to Calculate Freight Charges in LCL - Weight or Volume DIEM - 0215 (Copy Rights With iiiEM, Ahmedabad)
  • 8. TYPES OF PACKING • Primary Packing • Secondary Packing • Importance of Marks & Numbers on Boxes • Preference of Marks & Numbers on Boxes • Types of Material being used in Packing - Bag Packing - Carton / Corrugated box Packing - Drum Packing - Wooden Box / Pallets What is fumigation? DIEM - 0215 (Copy Rights With iiiEM, Ahmedabad)
  • 9. INTERNATIONAL PAYMENT TERMS • 100% Advance • Part Advance Balance Against Proof of Export • CAD - Cash Against Documents / D/P – Documents Against Payment - Transactional Cycle under CAD (*) • D/A: Documents Against Acceptance - Transactional Cycle under D/A (*) (Cont…) DIEM - 0215 (Copy Rights With iiiEM, Ahmedabad)
  • 10. INTERNATIONAL PAYMENT TERMS Risk involved under Above Payment Terms – Advances – Risk For Importer – CAD or D/A –Risk For Exporter DIEM - 0215 (Copy Rights With iiiEM, Ahmedabad)
  • 11. INTERNATIONAL PAYMENT TERMS • Introduction of Letter of Credit (L/C) – Click Also Known As DOCUMENTRY CREDIT (UCP - DC) - What is L/C? - Cycle for Receiving Letter of Credit - Safety for Exporter & Importer DIEM - 0215 (Copy Rights With iiiEM, Ahmedabad)
  • 12. INTERNATIONAL PAYMENT TERMS TYPES OF L/C - Revocable L/C / Irrevocable L/C - At Sight L/C / It Usance L/C - Restricted L/C - Transferable L/C / Back to Back L/C - Revolving L/C - Confirmed L/C DIEM - 0215 (Copy Rights With iiiEM, Ahmedabad)
  • 13. Thank You..!!! helpdesk@iiiem.in DIEM - 0215 (Copy Rights With iiiEM, Ahmedabad)