Dec 24, 2025
Customs and international trade terms can sound complicated - but they don’t have to be.
In this video, we break down 20 essential customs terms that every supply chain, logistics, import-export, and trade professional must know. Each term is explained in a simple and practical way, making it perfect for beginners as well as working professionals.
? Topics covered in this video:
✔ Importer of Record (IOR)
✔ Harmonized System (HS) Code
✔ Country of Origin (COO)
✔ Customs Broker
✔ Incoterms (EXW, FOB, CIF, DDP)
✔ Bill of Lading (BOL)
✔ Commercial Invoice
✔ Packing List
✔ Certificate of Origin
✔ Duty / Tariff
✔ VAT / GST
✔ De Minimis Value
✔ Customs Bond
✔ Free Trade Agreement (FTA)
✔ Anti-Dumping Duty (ADD)
✔ Countervailing Duty (CVD)
✔ Customs Audit
✔ First Sale Rule
✔ Advance Ruling
✔ Customs-Trade Partnership Against Terrorism (C-TPAT)
Whether you are an importer, exporter, logistics professional, student, or business owner, this video will help you build a strong foundation in customs and global trade.
? Why this matters:
Understanding customs is not just about compliance — it helps improve efficiency, reduce costs, and build a more reliable supply chain.
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? Share it with someone who works in logistics or trade
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Thank you for watching,
See you in the next video!
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