Quote:
Originally Posted by chassis
wcr3d Only if negotiated with the buyer. Ex-works (EXW) Incoterms means the seller leaves the goods on his/her loading dock, the buyer takes care of everything else. Do you have first hand experience with international movement of goods over $2,000 per transaction?
From the buyer's point of view, DDP are the most convenient terms, but the most expensive. EXW terms are the least expensive, but the buyer does all the work.
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This is good advice, terms of sale tell you who is responsible for what. Very important to have this clear before you pay for an item.
The company and plant I work with is in Thailand and everything they buy in the U.S. is Ex-works as they understand the system and are fine with dealing with the whole transaction. Leave it up to many U.S. companies to handle shipping/duties to Thailand and they would either charge us too much or pass on the whole transaction (too small to deal with).