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Category: incoterms

November 21, 2024 dominic No Comments

EXW delivery terms - What it means | Incoterms 2020 and transportation

EXW delivery terms - What does it mean in Incoterms 2020? EXW (Ex Works) is one of the basic rules of Incoterms 2020, defining the terms of delivery in international trade. Understanding what EXW means is crucial to the proper execution of trade transactions. Learn about our transportation services What is EXW - basic information The EXW (Ex Works) rule specifies that the seller [...]

13 November 2024 dominic No Comments

Incoterms rules - the key to international trade | Guide

International trade rules: What are Incoterms 2020? What are Incoterms and what is their importance in international trade? Incoterms is an acronym for International Commercial Terms - international trade rules that define the terms of sale in international transactions. The Incoterms 2020 rules, developed by the International Chamber of Commerce, are a fundamental part of modern international trade. [...]