Seller's Origin

EXW is an abbreviation of "Ex Works", which means that the seller makes the goods available at his location.

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Buyer's Responsibility

The buyer bears all transportation, costs and risks based on the seller's location.

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Limited Seller Liability's

The seller's responsibility ends when the goods are ready for collection.

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Risk Transfer

Risk transfers to the buyer as soon as the goods are made available.

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Cost Allocation

All transportation costs, including export duties, are borne by the buyer.

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Cargo Handling

Buyers manage loading, unloading, and cargo security.

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Customs Duties

Buyers handle import customs clearance and duties.

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Ideal for Local Transactions

EXW is often used for domestic sales or when buyers have strong logistics capabilities.

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Clear Pricing

Transparency in cost breakdown is a key feature.

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Legal Framework

Governed by the International Chamber of Commerce's Incoterms rules, last updated in 2020.

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