June 30, 2021
EXW - Ex Works - Seller is only responsible for having the goods packed and made available at the seller's premises. The buyer bears the full risk and costs from there to the destination - including the loading of the cargo.
Using the Ex-works Incoterm, the seller has minimal responsibility. The goods must be made available and packed suitably and be available at a specified location. The buyer therefore has the majority of the responsibility such as loading goods, export procedures and transportation and any associated goods in collecting the cargo.
With all incoterms it is important to understand the obligations of both the buyer and seller. If you need shipment support, please reach out to the team!