Is ex works the same as FOB origin?
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Also asked, what is the difference between ex works and FOB?
However, the difference between the two is clear: Using EXW, you are responsible for all costs associated with your transport to the UK, whereas, with an FOB agreement, you are only accountable for the costs that come after your goods have boarded the ship (or aircraft), as your supplier is responsible for the local
Also, who pays freight on ex works? Ex works (EXW) is a shipping arrangement in which a seller makes a product available at a specific location, but the buyer has to pay the transport costs.
Keeping this in view, what does FOB ex works mean?
Ex Works – EXW vs. Free On Board – FOB: An Overview. With Ex works, the seller is not obligated to load the goods on the buyer's designated method of transport. Instead, the seller must make the product available at a selected location, and the buyer must incur transportation costs.
What is EXW unit price?
EXW stands for Ex Works where the supplier is only responsible for making the products ready for delivery from their location. Normally this is the factory. And the buyer (you) are responsible for all transportation costs the rest of the way. In other words to ship it from the factory to your destination.