# Risk assessment

*Last updated: 2026-06-18*

> Unlike general supply-chain risk analysis, risk assessment in the customs context focuses specifically on regulatory and compliance hazards within the customs clearance process.

Unlike general supply-chain risk analysis, risk assessment in the customs context focuses specifically on regulatory and compliance hazards within the customs clearance process. It typically begins before goods arrive: declaration data, commodity descriptions, customs value documentation, and trading partners are systematically reviewed. Based on this analysis, control measures are prioritized – ranging from document checks to X-ray scanning and physical inspection – to address risks efficiently without unnecessarily extending clearance times. Customs authorities apply risk assessment systematically to concentrate resources on genuinely high-risk consignments; companies use it to check declarations for error potential before submission.

**Source:** [https://www.iso.org/iso-31000-risk-management.html](https://www.iso.org/iso-31000-risk-management.html)

## Quick Facts

| Property | Value |
|---|---|
| Term | Risk assessment |
| Language | EN |
| Word count | 95 |
| Last updated | 2026-06-18 |
| Source | https://www.iso.org/iso-31000-risk-management.html |

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