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The Incoterms 2020 guide

The term you pick decides who pays for each leg, who insures the cargo, and the exact point where risk stops being the seller's. Walk through all 11, from EXW to DDP — the more blue, the more the seller takes on.

Any mode
EXW1 / 11

Ex Works

Risk changes hands: At the seller's premises, once the goods are made available.

Maximum burden on the buyer; useful when you control the entire chain from origin.

Buyer
Risk passes to the buyer
Main carriage
Buyer
Insurance
Not required
Import clearance
Buyer
Seller's leg Buyer's leg Risk transfer

Informational guide based on the ICC Incoterms® 2020 rules. Not sure which term fits your shipment? Our team can help you decide ›

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