A brief explanation of what "Ex Works (EXW) means and how it is used in exporting. This article is part of "A Basic Guide to Exporting", provided by the U.S. Commercial Service, to assist companies in exporting.
Last Published: 10/20/2016

Ex Works (EXW)

Meaning “from a named point of origin”; common variations include ex factory, ex mill, or ex warehouse. States that the price quoted applies only at the point of origin (i.e., the seller’s premises). The seller agrees to place the goods at the buyer’s disposal at the specified place within a fixed time period. All other obligations, risks, and costs beyond the named point of origin are the buyer’s.