EXW (Ex Works)

EXW (Ex Works) means delivery at the factory, referring to the completion of delivery when the seller places the goods at the buyer's disposal at the seller's premises (such as a factory or warehouse). The seller is not responsible for loading, export customs clearance, or transportation, and the risk transfers from the moment the goods are handed over to the buyer. It is suitable for situations where the buyer has strong logistics capabilities or the seller is unwilling to handle export procedures. Points to note: the seller should assist the buyer in obtaining the documents required for export, but the costs and risks are borne by the buyer; if the buyer cannot directly handle export customs clearance, it is recommended to use FCA instead. Unlike FOB and CIF, EXW imposes the minimum obligation on the seller, while the buyer bears the entire process from pick-up to import. In practice, it is necessary to clearly specify the exact place of delivery and the loading obligation (usually the buyer is responsible for loading), and note that under EXW the seller is not responsible for loading for shipment; if the buyer requests loading, this should be separately agreed upon.