If you feel that the world of Fair Trade has its very own language – don’t fret! We’ll keep you in the know!
With this glossary we’ll guide you through the common technical terms used by FLOCERT, Fairtrade International and the World Fair Trade Organization (WFTO).
Learn about the wor(l)ds of Fair Trade below!
Ex works (EXW)
The term ex works means that the seller delivers their part of the contract when the goods are placed at the disposal of the buyer, either at the seller’s premises or another named place (works, factory, warehouse, etc). Goods are not cleared for export and are not loaded onto any collecting vehicle.