Meaning the buyer pays for all insurance and transportation from the seller's premises, and the seller's only responsibility is making the goods available at the seller's premises
Ex Works (EXW) is an Incoterm. It means that the seller X has the goods ready for collection at his premises (Works, factory, warehouse, plant) on the date agreed upon. The buyer pays all transportation costs and bears all risks for bringing the goods to their final destination
This is the minimum level of responsibility for an exporter You agree only to make the goods available to the buyer at your plant or office The buyer may even be responsible for loading the goods on a vehicle The buyer bears all responsibility for taking the goods from that point
Describes the responsibility of the seller of goods requiring the seller to make the goods available at his premises, without responsibility for loading or transportation
EXW at a named point of origin (examples are: ex factory, ex mill, ex warehouse) Under this term, the price quoted applies only at the point of origin and the seller agrees to place the goods at the disposal of the buyer at a specified place on the date or within the period fixed All other charges are for the account of the buyer
Ex Works (EXW) at a named point of origin (examples are: ex factory, ex mill, ex warehouse) Under this term, the price quoted applies only at the point of origin and the seller agrees to place the goods at the disposal of the buyer at a specified place on the date or within the period fixed All other charges are for the account of the buyer » Back to top of screen
The seller delivers when he places the goods at the disposal of the buyer at the seller's premises or another named place (i e works, factory, warehouse, etc ) not cleared for export and not loaded on any collecting vehicle This term represents the MINIMUM OBLIGATION for the seller, and the buyer has to bear all costs and risks involved in taking the goods from the seller's premises However, if the parties wish the seller to be responsible for the loading of the goods on departure and to bear the risks and all costs of such loading, this should be made clear by adding explicit wording to this effect in the contract of sale This term should not be used when the buyer cannot carry out the export formalities directly or indirectly In such circumstances, the FCA term should be used, provided the seller agrees that he will load at his cost and risk
The price that the seller quotes applies only at the point of origin The buyer takes possession of the shipment at the point of origin and bears all costs and risks associated with transporting the goods to the destination
Shipping term included in a contract of sale (abbreviated as EXW) meaning that the seller fulfills his obligation to deliver when he has made the goods available at his premises (i e , works, factory, warehouse, etc ) to the buyer In particular, he is not responsible for loading the goods for export, unless otherwise agreed The buyer bears all costs and risks involved in taking the goods from the seller's premises to the desired destination
Ex works" means that the seller fulfils his obligation to deliver when he has made the goods available at his premises (i e works, factory, warehouse, etc ) to the buyer In particular, he is not responsible for loading the goods on the vehicle provided by the buyer or for clearing the goods for export, unless otherwise agreed The buyer bears all costs and risks involved in taking the goods from the seller's premises to the desired destination This term thus represents the minimum obligation for the seller This term should not be used when the buyer cannot carry out directly or indirectly the export formalities In such circumstances, the FCA term should be used
INCOTERM entry "Ex works" means the seller's only responsibility is to make the goods available at the seller's premises, i E factory The seller is not responsible for loading the goods on the vehicle provided by the buyer unless otherwise agreed The buyer bears the full costs and risk involved in collecting the goods from there to the desired destination Ex works represents the minimum obligation of the seller