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  • WTO launches new edition of Handbook on the TRIPS Agreement November 27, 2020
    The WTO launched today (27 November) the second edition of “A Handbook on the WTO TRIPS Agreement”, which describes the historical and legal background to the Agreement on Trade-related Aspects of Intellectual Property Rights (TRIPS), its role in the organization and its institutional framework. The publication coincides with the 25th anniversary of the entry into […]
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  • WTO to host first Trade for Peace Week November 25, 2020
    The WTO will host the first edition of the Trade for Peace Week from 30 November to 4 December 2020. Ten virtual panel sessions will explore the nexus between trade and peace, with the focus on fragile and conflict-affected countries in accession which want to use trade and economic integration to promote sustainable and inclusive […]
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  • DDG Agah at ITC Joint Advisory Group: Open trade and economic inclusion key to post-COVID recovery November 25, 2020
    In remarks on 25 November to the 54th session of the Joint Advisory Group that oversees the work of the International Trade Centre (ITC), WTO Deputy Director-General Yonov Frederick Agah argued that open international trade, together with efforts to ensure the benefits from economic activity are widely shared, would be necessary to repair the social […]
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  • DDG Wolff: “WTO reform is both necessary and feasible” November 24, 2020
    Speaking at the “1+6” roundtable meeting presided by Chinese Premier Li Keqiang on 24 November, Deputy Director-General Alan Wolff urged WTO members to begin serious engagement on improving the WTO, arguing there was enough common ground to reach major new agreements. He also called on China to participate actively and contribute positively to planning far-reaching […]
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Ex Works ( EXW)



 

 Any types of transport mode, including Multimodal Transport

Ex Works Incoterms 2010

Ex Works

With the Ex Works Incoterms® rule, the number of obligations are very limited since all that is required is to provide goods at the Seller’s premises (manufactory, warehouse, workshop etc.).

The Seller does not even have to load the goods in the pre-carriage vehicle. If the client formally requests it, the Seller can perform this task. However, any potential damage during the loading process will be under the buyer’s responsibility.

Therefore, the transfer of the risks (loss or damage) occurs as soon as the seller makes the goods at the Buyer’s disposal in his own warehouse.

In this case, the Seller avoids most of the risks associated with a cross-border transaction.

In much the same way, the Seller does not have the duty to handle the export clearance process. Nevertheless, upon buyer’s request, the seller must provide assistance for obtaining necessary documents (Export licence, official authorisation and other formalities, document for transport) with the related costs at the expense of the buyer.

When a pre-shipment inspection is required, this will be at buyer’s expense.

View PageWhen should I use Ex Works (EXW) Incoterms rule?

It must be borne in mind that this incoterm can be particularly burdensome for the buyer who has to handle the whole process from the seller’s country to the domestic market.

Needless to say that, unless the buyer is familiar with the exporter’s country or has sufficient human resources, this incoterms rule can easily be perceived as a deterrent to business relationship development.

This is why the Ex Works (EXW) Incoterms rule is more adapted to domestic transactions.

Therefore, sellers willing to limit the extent of their obligations and sell internationally should choose the Free Carrier (FCA) Incoterms rule, instead.

Usual Documents required:

Commercial Invoice