Endo means inside, exo means outside.
For example, the pancreas is both a endocrine and exocrine gland.
The endocrine part secretes into the blood stream. This includes insulin, glucagon, and somatostatin.
The exocine part secretes to the "outside" of the body, which is the small intestines. (The GI tract is considered one big tube that is the outside of your body. Once the food from inside there is absorbed, then it is "inside"). This includes bicarbonate, pancreatic lipase, and protein digesting enzymes.
So by using your definitions:
Endocrine: secretes into the bloodstream. Yep, exactly.
Exocrine: eh, not really inside and outside the body, but true it is into ducts.
From wikipedia:
Typical exocrine glands include sweat glands, salivary glands, mammary glands, stomach, liver, pancreas. (Example of an endocrine gland is the adrenal gland, which is found on top of the kidneys and secretes the hormone adrenaline, among others).
Anyways, they both secrete hormones, both only endocrine goes into the blood.