Complete Guide to EXW Shipping: Everything You Need to Know About Ex Works Terms
When EXW (Ex Works) shipping terms are followed, sellers bring the goods to their location for pickup and buyers arrange all the shipping, customs and logistics on their own. Although this way permits buyers to control expenses and adjust operations, they must deal with big risks and be knowledgeable in following international shipping rules. Real success in EXW transactions is based on accurate documentation, complete insurance coverage, clear conversations and understanding legal rules in the countries where the deal is being conducted.