# Risk assessment

*Last updated: 2026-06-18*

> Before deciding whether to inspect or release a consignment, customs authorities routinely perform a risk assessment to identify and rank potential hazards.

Before deciding whether to inspect or release a consignment, customs authorities routinely perform a risk assessment to identify and rank potential hazards. Scenarios such as delays, cargo damage, regulatory non-compliance, or security gaps are analysed and assigned to severity levels based on probability and likely impact. High-risk shipments are routed to intensive examination; low-risk cargo moves through clearance without delay. Freight forwarders and compliance teams also apply risk assessments internally—for example when evaluating new suppliers or unfamiliar trade lanes. Unlike a risk profile, which provides a consolidated overview, a risk assessment is a defined evaluation step within a broader risk management process.

**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 | 102 |
| Last updated | 2026-06-18 |
| Source | https://www.iso.org/iso-31000-risk-management.html |

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