INTERACTIVE GUIDE
Incoterms® 2020 Explained
Understand exactly where risk, cost and responsibility transfer between buyer and seller — across every trade lane.
Select a term to explore responsibility split
Any Mode of Transport
Sea & Inland Waterway
EXW
Incoterms® 2020Ex Works — Seller makes goods available at their premises; buyer bears all risk and cost from that point.
Seller ResponsibilityBuyer Responsibility
5%95%
Incoterms® define transfer of risk and cost — always confirmed contractually per shipment.