Ex Works
Buyer assumes most transport responsibility from the seller’s premises.
International trade reference
Eleven globally recognised trade rules that clarify delivery, cost, risk and responsibility between sellers and buyers.
Explore the 11 rules ↓01 / WHY THEY MATTER
Published by the International Chamber of Commerce (ICC), Incoterms® 2020 help parties define the delivery point, transfer of risk, transport costs, insurance obligations and customs responsibilities in B2B contracts for the sale of goods.
They do not replace a sales contract or determine ownership, payment terms or every legal obligation. The chosen rule should always include a precisely named place or port.
02 / THE 11 RULES
Seven rules can be used for any mode or combination of modes. Four are reserved for sea and inland waterway transport.
Buyer assumes most transport responsibility from the seller’s premises.
Seller delivers to the carrier or another named party at the agreed place.
Seller pays carriage to destination; risk transfers when handed to the carrier.
CPT responsibilities plus seller-arranged cargo insurance.
Seller delivers ready for unloading at the named destination.
Seller delivers and unloads at the named destination.
Seller carries the broadest responsibility, including import clearance and duties.
Seller delivers alongside the vessel at the named port of shipment.
Seller delivers the goods on board the vessel at the port of shipment.
Seller pays ocean freight; risk transfers once goods are on board.
CFR responsibilities plus seller-arranged minimum insurance cover.
03 / PRACTICAL GUIDANCE
Consider the mode, handover point, customs capability and destination before choosing a rule.
Write the agreed named place or port clearly beside the selected Incoterms® 2020 rule.
Keep the contract, commercial invoice, transport instructions and insurance arrangements consistent.
PLAN WITH CONFIDENCE
This page is a general overview, not legal advice or a substitute for the official ICC rules.