Today I would like to write about the differences between another two frequently used incoterms: EXW and FCA.
Let me start with the definitions of these trade terms in question.
- EXW (Ex Works) means that the exporter delivers when it places the goods at the disposal of the buyer at the exporter’s premises or at another named place (i.e., works, factory, warehouse, etc.).
- FCA (Free Carrier) means that the exporter delivers the goods to the carrier or another person nominated by the buyer at the exporter’s premises or another named place.