Risk assessment and risk management The cost of service: 3,5% of the customs value of goods

The company “Intermediario Global” assesses the risks of foreign trade operations and offers its clients various ways to effectively protect against risks: reserving, hedging, diversification, limitation, insurance, outsourcing.

Types of risks in an international trade project:

  • Marketing risks

  • Foreign exchange risks

  • Production / commercial risks

  • Credit risks, including the risk of non-payment

  • International political risks

  • International legal risks

  • Force majeure

   What is the reason for the risks?

  1. Goods: inability to produce the goods on time, their damage or loss;

  2. Price: currency fluctuations, unforeseen expenses on the terms of payment;

  3. Foreign partner: insolvency (de jure or de facto bankruptcy), as well as the risk of damaged business reputation of the partner (fraud);

  4. Documents: lack of certain permits for export / import or inaccuracies of the contract, which do not allow timely acceptance of goods and transfer of ownership;

  5. Country of supply: political risks and non-observance of creditors’ rights of, as well as force majeure circumstances (natural and man-made disasters);

     Realization of risk can lead to:

  • Direct damage

  • Indirect losses

(!) However, indirect losses can be much more than direct damage.

When entering into negotiations with a foreign buyer and agreeing on the main terms of the export contract, the exporter is strongly recommended to:

  • Carry out risk analysis and assessment;

  • Calculate potential damage;

  • Determine what level of damage your company is willing to accept in case of risk.