Lesson 1: EXW – Ex Works
🔹 What does EXW mean?
“Ex Works” means the seller makes the goods available at their own premises.
The buyer is responsible for all transportation, export, and import processes.
In simple terms: The buyer does (almost) everything.
📘 Vocabulary Highlights:
- Premises – nơi làm việc hoặc nhà máy của người bán
“Goods are ready at the seller’s premises.” - Responsible for – chịu trách nhiệm về
“The buyer is responsible for all export documents.” - Transportation – việc vận chuyển
“The buyer arranges the transportation from the warehouse to the port.” - Export – xuất khẩu
“We handle the export procedures ourselves under EXW.” - Import – nhập khẩu
“The buyer pays all import duties in their country.”
✅ Key takeaways:
- Under EXW, the seller has minimal responsibility.
- The buyer must manage all logistics and formalities after the goods are made available.
- Commonly used when the buyer wants full control over transport and export.
➡️ Up next in the series: FCA – Free Carrier
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