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Incoterms: Ex Works (EXW)

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  • What does Ex Works mean?
An in-depth guide on the incoterm; Ex Works...

What is Ex Works? (EXW)

Ex Works is one of the 11 official incoterms. In this ruling, minimal responsibility is placed on the seller. The seller's role is simply to make the goods available for transport (packaged and located at specified place).

 

What Transport Mode Can Ex Works Be Used With? 

Ex Works can be used for any transport mode, or where there is more than one singular mode of transport. 

 

How Does EXW, Work? 

Ex Works places maximum responsibility on the buyer. The buyer will need to account for costs associated with the loading of the goods onto a pickup vehicle, obtaining any export licence or permits, any insurance premiums, transferring the cargo overseas via air, sea, road or rail, unloading the goods at the destination and handling all customs procedures at origin and destination. If any storage charges, customs examination fees, customs duties or any other charges fall due, this will be the responsibility of the buyer.

 

Ex Works (EXW) Overview

  • Ex Works is particularly good for the seller and not so for the buyer, this is because EXW places the utmost responsibility on the buyer. 
  • EXW is a shipping arrangement in which a seller makes a product available at a specific location, but the buyer has to pay the transport costs.
  • In a similar fashion to one of the other incoterms, Free Carrier (FCA), the seller’s responsibilities terminate when the goods have been collected from their premises by the buyer’s carrier.
  • There is a subtle difference between Ex Works and Free Carrier. With FCA, where the named place is the seller's premises, the seller is responsible for loading the goods - this is not the case with EXW. 
  • Although the seller is not obliged to load the goods, if the seller does so, this is at the buyer’s risk!

 

 

If you have any further queries in respect of Ex Works or any other incoterm, feel free to contact a member of our team on 0113 250 1155 or email us at: sales@tudorfreight.com

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Industry Specific Guidance and Logistics Advice

Aerospace Aerospace Logistics

Tudor International Freight provide a wide range of supply chain solutions to the aerospace sector. Our staff are familiar with industry terms and jargon – we understand and speak your language.

Manufacturing Manufacturing Logistics

Tudor International Freight manage the supply chain movements of many large international manufacturing companies. Our team appreciate the complex issues and unique logistical challenges facing this sector.

Chemicals Chemical Logistics

The chemical goods industry has experienced significant changes over recent years with a much larger emphasis being placed on logistics compliance and regulation. Tudor provide businesses with specialist chemical logistics advice and guidance.

Exhibitions and Events Exhibitions and Events Logistics

When fast reactions and quick solutions are required, you can count on Tudor International Freight to provide a dedicated team and exceptional service to help make your event a resounding success.

Oil and Gas Oil and Gas Logistics

We have been providing logistics services to the oil and gas industry for many years. Our specialist team have worked on many projects across the world and understand the demands of this sector more than most.

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      Low Hall Business Park
      Low Hall Road
      Horsforth

      Leeds, LS18 4EF
      UK

      T: +44 (0) 333 1234 747
      E: sales@tudorfreight.com
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