Video Animation About EXW Aspects of EXW? EXW (EX Works) is one of the abbreviations called INCOTERMS that indicate the terms and conditions of trade. What is EXW? ・EXW is the least burdensome trade condition for sellers! INCOTERMS(International Commercial Terms) has 11 kinds of trade conditions, but EXW is the least burdensome and least risky condition for the seller. Delivery location of cargo that stated in EXW ・Delivery is completed at the seller’s factory or warehouse. Loading is also done by the buyer In EXW, the seller delivers the cargo to the buyer on their premises, such as a factory or warehouse. EXW stated for the seller only needs to […]
