EXW (Ex Works)

What is EXW?

The buyer collects the goods at the seller's factory or warehouse and takes on every subsequent cost, including Korean export clearance. It gives the lowest headline unit price and the highest coordination burden, and is practical only if you already have a Korean forwarder who can handle export declaration on your behalf.

At a glance

Category

Trade & logistics

Also known as

Ex Works · 공장인도조건

Korean term

공장인도조건

Last reviewed

July 23, 2026

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