Logistics Tools
Incoterms Guide
An interactive guide to Incoterms® 2020 responsibilities, freight, insurance and risk transfer.
EXW — Ex Works
- Seller Responsibility
- Makes the goods available at their own premises.
- Buyer Responsibility
- Handles all transport, export/import clearance and freight from the seller's door.
- Freight
- Buyer
- Insurance
- No insurance obligation under this Incoterm — buyer's choice, since risk transfers at the seller's premises, before loading.
- Risk Transfer
- At seller's premises, before loading.
- Mode of Transport
- Any mode
Incoterms® rules define responsibilities between buyer and seller but do not replace a commercial contract. Always confirm the applicable Incoterm and named place in your transaction.
Incoterms® is a registered trademark of the International Chamber of Commerce (ICC).