GlossaryEN1 min readUpdated: Jun 12, 2026

Import duty risk assessment

An import duty risk assessment is a structured process for analyzing customs clearance risks in the import cycle.

Last updated: 12 June 2026Published: 27 January 2026

Source: https://www.wcoomd.org

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An import duty risk assessment is a structured process for analyzing customs clearance risks in the import cycle. It examines classification risk (will goods be correctly coded?), valuation risk (is the declared customs value defensible?), origin risk (will preferential claims be accepted?), and external risk (new tariffs, sanctions, trade restrictions). By identifying hidden cost drivers early, companies can protect margin assumptions, ensure compliance, and negotiate better terms with suppliers or customers – essential in unstable trade environments.

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Calculate customs valueWork out import duties and customs valueOpen Find HS codeDetermine the tariff number for customsOpen Compare IncotermsClarify duties, cost and riskOpen Calculate transit timeEstimate duration per transport modeOpen

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Import duty risk assessment

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