What is the meaning of Ex Works (EXW)?

Ex Works (EXW) is 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 transporting the goods from the seller's premises to destination. Since this includes pre- carriage and export clearance in the seller's country, EXW is not a very practical Incoterm for U. S. Exports.

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APABarry Goldsmith. (2010). ex works (exw). Retrieved October 2, 2026, from http://smartdefine.org/ex_works_(exw)/definitions/1153291
ChicagoBarry Goldsmith. 2010. "ex works (exw)" http://smartdefine.org/ex_works_(exw)/definitions/1153291 (accessed October 2, 2026).
HarvardBarry Goldsmith 2010, ex works (exw), Smart Define, viewed 2 October, 2026, <http://smartdefine.org/ex_works_(exw)/definitions/1153291>.
MLABarry Goldsmith. "ex works (exw)" 21 October 2010. Web. 2 October 2026. <http://smartdefine.org/ex_works_(exw)/definitions/1153291>