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EXW

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Latest revision as of 01:34, 22 August 2020

Incoterm® for Ex Works. Used for any Shipping Mode.

Short Definition

"Ex Works means that the Seller delivers when it places the goods at the disposal of the Buyer at the seller’s premises or at another named place (i.e.,works, factory, warehouse, etc.). The Seller does not need to load the goods on any collecting vehicle, nor does it need to clear the goods for export, where such clearance is applicable."

Copyright

Short definition per Incoterms® 2010 edition

Hierarchy

IDNameLevelx
INCOIncoterms0INCO
EXWEx Works (Origin)1EXW
Ex Works (Origin) Incoterms 08 1 INCO, Terms, International, Trade, Standard, Terms, Transfer, Ownership, Insurance, Risk, Supply Chain, Logistics, Transport Ex Works means that the Seller delivers when it places the goods at the disposal of the Buyer at the seller’s premises or at another named place (i.e.,works, factory, warehouse, etc.). The Seller does not need to load the goods on any collecting vehicle, nor does it need to clear the goods for export, where such clearance is applicable