Ex Works and Free on Board are international trade terms that address which parties are responsible for shipment and costs when a product is sold.
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Ex works (EXW) is a shipping arrangement in international trade where a seller makes goods available to a buyer, who then pays for transport costs.
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EXW Meaning ☑️ Importing Cargo via sea freight ☑️ using Ex works. Exworks Shipping Terms and Meanings explained, EXW Price and any ex-works queries.
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The buyer, on the other hand, is responsible for loading the goods on the pickup vehicle, transportation to the port of origin, export costs and arrangements,
Ex Works (EXW) be better placed to do this); for all export procedures; for onward transport and for all costs arising after collection of the goods.
Oct 7, 2020 In some cases, EXW can also serve buyers by helping them save money on shipping costs, since they can shop around for a logistics provider.