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EXW in Trade Meaning

The EXW meaning in Trade terms is "Ex-Works". There are 3 related meanings of the EXW Trade abbreviation.

EXW on Trade Full Forms

  1. Ex-Works The ex-works price of a consignment is the price at the plant/works gate. No transport included, as distinct from CFR, C&F, CIF, etc. 
  2. Ex Works Goods which are delivered to the purchaser at the plant or place where they are manufactured. The purchaser then pays for transporting and insuring the goods from that point.
  3. Inco Term for Exworks

Frequently Asked Questions (FAQ)

  1. What does EXW stand for Trade?

    EXW stands for Inco Term for Exworks in Trade terms.

  2. What is the shortened form of Ex-Works in Trade?

    The short form of "Ex-Works" is EXW for Trade.

Citation

EXW in Trade. Acronym24.com. (2020, May 24). Retrieved April 26, 2024 from https://acronym24.com/exw-meaning-in-trade/

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