What Is EX Works (EXW)? Hidden Costs & Risks Exporters Ignore

EX Works (EXW) is one of the most misunderstood Incoterms® — and one of the biggest causes of unexpected cost, risk and margin loss. In this episode Richard Bartlett explains: • What EX Works (EXW) actually means • Who is responsible for transport and customs • Why exporters often choose EXW incorrectly • Hidden cost exposure and margin risk • Commercial implications for buyers and sellers Many businesses believe EXW reduces responsibility. In reality, it can increase risk. 📦 Explore more: • Incoterms® for Exporters playlist • Weekly Trade Intelligence Podcast • Customs & Compliance insights Subscribe for practical global trade intelligence, customs and export strategy.