EXW value
[ɛks-dʌbəl-juː ˈvæljuː]
nounpl: EXW values
valor EXW
1. The price of goods at the point of origin (ex-works), before any transportation, insurance, or additional costs are added; the factory or warehouse price before shipment
The EXW value of the shipment was $50,000, not including freight and customs duties.
O valor EXW do carregamento era de $50.000, não incluindo frete e direitos alfandegários.
2. In international trade, the valuation basis for customs purposes where the seller's responsibility ends at the factory or warehouse door
For tariff calculations, the customs agent used the EXW value as the basis for assessment.
Para cálculos tarifários, o agente aduaneiro usou o valor EXW como base para avaliação.
EXW (Ex Works) is a fundamental Incoterm widely used in international commerce, particularly in Brazil and the USA. It represents the minimum seller obligation, with the buyer assuming all risks and costs after goods leave the seller's premises. Understanding EXW value is essential for import-export businesses when calculating total landed costs and negotiating contracts.
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