Insphera Blog

Many importers and exporters choose the EXW (Ex Works) rule, believing it to be the safest and least complicated form of transaction settlement. After all, the principle seems simple: the seller makes the goods available at the warehouse door, and the buyer takes them at their own expense. However, freight forwarding practice and international law show that EXW is the most treacherous rule in the entire Incoterms 2020 classification. It generates significant risks, which will be summarized after key information.