Incoterms® - The Basics

Online Course

 

Understand the Rules That Define International Trade

Incoterms® are one of the most widely used tools in international trade, defining the responsibilities of buyers and sellers for transport, risk, costs and delivery obligations. When applied correctly, they help ensure transactions run smoothly and prevent costly misunderstandings between trading partners.

However, Incoterms® are often misunderstood or used incorrectly, leading to disputes over transport arrangements, insurance responsibilities, customs clearance and unexpected costs.

This practical workshop provides a clear introduction to Incoterms® and explains how the rules should be used in real international trade scenarios. It is designed to help businesses apply the correct delivery terms and understand how those terms impact contracts, shipping arrangements and commercial risk.

What You Will Learn

During this workshop you will gain a practical understanding of how Incoterms® operate and how they should be applied in international trade transactions.

The course covers the full structure and application of the rules, including:

  • What Incoterms® are and why they are used in international trade

  • The different versions of Incoterms® and their development

  • The functions of Incoterms® within international contracts

  • What Incoterms® do not cover, and why additional contractual terms may still be required

  • Modes of transport and how they influence the choice of Incoterms®

  • Where and when to use each Incoterm® in practical trade scenarios

  • A clear explanation of each Incoterm® rule under Incoterms® 2020

  • Common misunderstandings and pitfalls when applying Incoterms®

  • Ensuring customers and trading partners clearly understand the agreed delivery terms

The session focuses on practical scenarios so participants can apply the rules confidently in their own international transactions.

Why This Workshop Matters

Incoterms® play a central role in international trade by defining who arranges transport, who pays freight costs, when risk transfers and which party is responsible for export and import procedures.

Without a clear understanding of these rules, businesses can encounter disputes, shipment delays and unnecessary financial exposure.

This workshop helps ensure delivery terms are applied correctly and consistently across international sales transactions.

Who Should Attend?

This workshop is suitable for anyone involved in international trade transactions, including:

  • Export administrators

  • Import administrators

  • Sales teams negotiating international contracts

  • Logistics and shipping staff

  • Customer service teams handling export orders

  • Businesses new to exporting or importing

It is particularly useful for companies that already use terms such as EXW, FCA or DDP but want a clearer understanding of how Incoterms® affect costs, responsibilities and risk.

Event Information

Venue: Videoconference via Zoom

Date: 16 September 2026

Time: from 9.30am to 12.30pm

 

Discounted rate £392 +VAT*

Full price £412 +VAT

*Discounted prices are available exclusively to Chamber members with the International Bundle subscription.

Click here to enquire about membership.

 

Click here to see our booking terms and conditions.

Refund Policy - Refunds up to 7 days before the event. Eventbrite's 5% processing fee is non-refundable.