Ex Works is obviously the best Incoterms rule for exporters. If you are new to foreign trade, you’d better agree on the term EXW with your buyer as you’ll bear no risk for anything including customs formalities but to make the goods ready at the named place of delivery with required documents like commercial invoice. However it’s not always a desirable choice for importers. Let’s explore the definition of EXW and the responsibilities of both sides.
Hello, my name is Ümit. I am a blogger and foreign trade specialist. This is my my blog, where I post stuff I like and share my knowledge about foreign trade hoping to be useful to people with export and import.
“Salt korkuyla herhangi bir devlet ayakta tutulamaz.”
Ulus Baker / Sanat ve Arzu Seminerleri -A (14.05.1998)