EXW (Ex Works)
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In EXW (Ex Works), a seller makes products available for pickup by the buyer at the seller's premises or another specified place.
The buyer is responsible for obtaining export authorization, loading the products at the designated location, and incurring all expenses and risks en route to the destination.
All forms of transportation, including LCL (Less than Container Load), FCL, and air, can use EXW.
Before shipping begins, the buyer and seller must come to an understanding over who will bear specific costs and risks.
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