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export clearance | Exportain

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export clearance

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Navy title card: EXW (Ex Works), with a factory, a box at the gate and a marker at the seller's premises

GlossaryDefinition

EXW (Ex Works)

EXW puts the least on the seller and the most on the buyer. On an order from Bangladesh, that includes export clearance, which a buyer based abroad has to arrange through someone on the ground.

By Naim Islam17 September 20262 min read