Incoterms® 2020 Rules—EXW Ex works

The following Commercial practice note provides comprehensive and up to date legal information covering:

  • Incoterms® 2020 Rules—EXW Ex works
  • Explanatory notes for users
  • 1. Delivery and risk
  • 2. Mode of transport
  • 3. Place or precise point of delivery
  • 4. A note of caution to buyers
  • 5. Loading risks
  • 6. Export clearance
  • The seller’s and buyer’s obligations

Incoterms® 2020 Rules—EXW Ex works

This Practice Note comprises the guidance note to the EXW Ex works Incoterm in the Incoterms® 2020 rules, produced here with the permission of ICC Publishing SA. Incoterms® 2020 rules and other ICC publications are available from ICC Publishing SA, 38 Cours Albert 1er, 75008 Paris, France and from ICC United Kingdom, 12 Grosvenor Place, London, SW1X 7HH, UK, and www.iccbooks.com.

Incoterms® 2020 rules came into force on 1 January 2020, and updated the Incoterms® 2010 rules to reflect changes to the market over the last decade. For the EXW Incoterm valid up until that date, see Practice Note: Incoterms® 2010 Rules—EXW Ex works.

EXW (insert named place of delivery) Incoterms® 2020

Explanatory notes for users

1. Delivery and risk

‘Ex Works’ means that the seller delivers the goods to the buyer

  1. when it places the goods at the disposal of the buyer at a named place (like a factory or warehouse), and

  2. that named place may or may not be the seller’s premises.

For delivery to occur, the seller does not need to load the goods on any collecting vehicle, nor does it need to clear the goods for export, where such clearance is applicable.

2. Mode of transport

This rule may be used irrespective of the mode or modes of transport, if any, selected.

3. Place or precise point of delivery

The parties need only name the place

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