Ex Works places almost all responsibility on the buyer, while FOB requires the seller to handle more of the export process and initial transportation.

FOB VS EXW To decide if FOB terms are right for you, it helps to know a bit about other common options. Ex Works (also called EXW) shipments are another option you might consider. With EXW terms, the ...

Ex Works (EXW) A transaction in which the seller's only responsibility is to make the ordered goods available to the buyer at the seller's premises. The buyer bears the cost and risk in ...

Philadelphia, Dec. 15 2022 – Chain.io, a cloud-based integration platform that connects partners across the global supply chain, today announced an integration partnership with Ex Works, the leading ...

In 2020, the ICC issued its latest set of Incoterms, which consists of seven terms that apply to any mode of transport: EXW (Ex Works), FCA (Free Carrier), CPT (Carriage Paid To), CIP (Carriage ...

Read on to learn more about what Ex Works actually means, and the advantages and disadvantages of using this Incoterm when buying goods from abroad.