Incoterms 2010: What is Incoterm EXW ExWorks?


Overview The Incoterms 2010 EXW means Ex Works, so that the goods (for export) will be placed outside the seller's factory 'gates' (i.e. loading bay), and it is the responsibility to the buyer to arrange collection, transportation and all customs [...]

What are Incoterms and why do we need them?


Overview: Incoterms are the International Commercial Terms (shortened to Incoterms) that determine the 'delivery terms' of the goods being transacted between the seller and the buyer. Listen to the audio blog version on what are incoterms and why we need [...]

What are Incoterms and Delivery Terms?


In International Trade: Understanding Incoterms is a vital part of being a successful exporter because they define in precise terms the responsibilities of both seller and buyer in the delivery of the goods from the seller to the buyer.  That [...]

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