Are FCA and EXW the same?
FCA - Free Carrier\n\n FCA is just one step up from EXW, in which the seller clears the goods for export and delivers the goods to the port of export. Next, the buyer has to unload the goods in the port and is responsible for them once they reach the port.
What is the meaning of ex works?
Meaning of ex-works in English\n\n used for stating that the buyer of goods is responsible for arranging and paying for them to be transported from the seller's factory: Normal payment terms for ex-works transactions are generally cash in advance.
What does FCA mean in shipping terms?
Under the shipping terms for the FCA Incoterms (short for Free Carrier), the seller is responsible for export clearance and delivery of goods to the carrier at the named place of delivery.
What is the difference between FOB and ex works?
What Do EXW and FOB Stand for? EXW stands for Ex Works, an incoterm whereby the buyer of a shipped product pays for the goods when they are delivered to a specified location. FOB, or Free on Board, instead shifts the responsibility of the goods to the buyer as soon as they are loaded onboard the ship.
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