B-6-26- Incoterms © 2010 exw


EXW: Ex works, is one of the 11 Incoterms © 2010



Incoterms 2010 ©
 CFR   CIF   CIP   CPT   DAP   DAT   DDP   EXW   FAS   FCA   FOB  

The Incoterms © EXW 2010 is "ex work;" the only one in this Incoterms © group.

The Incoterms © EXW 2010 is an "main carriage unpaid" incoterm.

The Incoterms © EXW 2010 is used for land and multimodal transport.

The Incoterms © EXW 2010 contains a variation.

6-26-1- Summary

The sole responsibility of the exporter with this Incoterms © lies in making goods available to the importer at the manufacturing plant. The importer incurs all risks and costs inherent in goods management (as marked in red).

Importers and exporters can agree on a transfer of risks and costs, and the loading at the first transport point. This choice must be explicit, the contract should clearly stipulate the Incoterms.

6-26-2- From the viewpoint of the impoter

The importer is responsible for all transaction costs and risks. This is an "ex-work" transaction, "from the factory gate."

Il se peut que l'exportateur souhaite à présent que la marchandise soit chargée par ses soins. Dans ce cas de figure, il faudra utiliser la variante EXW Loaded. The exporter can elect to incur goods loading responsibilities. In that case, "EXW Loaded" must be selected. With this Incoterms, the importer is responsible for transport from the factory gate.
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6-26-3- Advantages for the importer

The advantage for the importer resides in maintaining full control of the import of its goods, and, consequently, controlling costs.

6-26-4- From the viewpoint of the exporter

The exporter deals with packaging, while the rest of the operation is carried out by the importer. The exporter assists the importer step-by-step to ensure a successful operation.

6-26-5- Advantages for the exporter

As seen on the costs table, the exporter is only responsible for packaging. The exporter could incur loading responsibilities with use of the EXW-loaded variation.

6-26-6- The point of ownership transfer: the home office of the exporter.


Packaging must adapt to the mode of transport and to the destination country. As with all Incoterms, the importer should provide step-by-step guidance to the exporter pertaining to the destination country.



6-26-7- Incoterms © EXW 2010: Distribution of costs and risks

 Description

 Costs

Risks
 Packaging  Exporter  Exporter
 Loading at the factory  Importer  Importer
 Pre-transport  Importer  Importer
 Export customs  Importer  Importer
 Handling on departure  Importer  Importer
 Main transport  Importer  Importer
 Transportation insurance  Importer  Importer
 Handling on arrival  Importer  Importer
 Import customs  Importer  Importer
 Post-transport  Importer  Importer
 Unloading at the factory  Importer  Importer