EXW (Ex Works)

Incoterms

What does EXW (Ex Works) mean?

An Incoterm where the seller makes goods available at their own factory or warehouse. The buyer handles everything: pickup, export clearance, freight and insurance. Usually the lowest quoted price, but the most work for the buyer.

Example: "EXW factory" means you arrange a truck to collect from the factory door and handle all export paperwork yourself.