„EXW (Ex Works ...named place)“
What does EXW (Ex Works ...named place) stand for?
The seller fulfils his obligation to deliver when he has made the goods available at his premises (i.e. works, factory, warehouse, etc.) to the buyer. In particular, he is not responsible for loading the goods on the vehicle provided by the buyer or for clearing the goods for export, unless otherwise agreed. The buyer bears all costs and risks involved in taking the goods from the seller’s premises to the desired destination.
Source:
Shipping and LogisticsView all itemsSchmitthoff, C. (2016). Schmitthoff’s Export Trade: The Law and Practice of International Trade, Sweet & Maxwell, 12th edition, pp. 122-123.
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