EX WORKS (EXW)
The seller delivers when he places the goods at the
disposal of the buyer at the seller's premises or
another named place (i.e. works, factory, warehouse,
etc.) not cleared for export and not loaded on any
collecting vehicle.
This term represents the MINIMUM OBLIGATION FOR THE
SELLER, and the buyer has to bear all costs and
risks involved in taking the goods from the seller's
premises. However, if the parties wish the seller to
be responsible for the loading of the goods on
departure and to bear the risks and all costs of
such loading, this should be made clear by adding
explicit wording to this effect in the contract of
sale. This term should not be used when the buyer
cannot carry out the export formalities directly or
indirectly. In such circumstances, the FCA term
should be used, provided the seller agrees that he
will load at his cost and risk..