EXW,\u00a0 Ex Works (insert place of delivery) is an IncoTerm whereby\u00a0the seller only responsible is for the availability of the goods at his warehouse or factory. He basically needs to open the door for the person who comes to collect the goods. He ensures that goods with minimal packaging and invoices are ready to be picked up; his responsibilities end there. The buyer has almost all responsibilities of the costs and risks relating to the packing, loading and Transportation of the goods. From the factory to the final destination. Moreover, it is his responsibility to arrange all customs procedures such as export declaration, the clearance in the country of production and clearance in the destination country. Ex Works is generally not recommended for sea- and air Freight shipping, while at road Transport this IncoTerm is very often used. Source International Chamber of Commerce (ICC). Disclaimer Our content is not in any way legal advice or binding. The information provided by might not be the official legal or full definition. Also when pursuing a specific transaction you are encouraged to conduct your own due diligence and to consult legal counsel as appropriate.<\/p>\n","protected":false},"template":"","class_list":["post-20177","logistics_term","type-logistics_term","status-publish","hentry","wpbf-post"],"yoast_head":"\n