I recently came across the term EXW (Ex-Works) while arranging a shipment. I’m unsure what responsibilities this Incoterm places on buyers and sellers. Can anyone recommend a detailed explanation?
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What does EXW (Ex-Works) mean in shipping terms?
What does EXW (Ex-Works) mean in shipping terms?
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EXW defines the buyer’s responsibility for shipping from the seller’s premises. For a complete breakdown of its meaning and implications, visit https://ram-shipping.com/blog/exw-ex-works-incoterms-meaning-in-shipping/ It’s a great resource for understanding this Incoterm.