GlossaryEN1 min readUpdated: Jun 19, 2026

import duty risk assessment

An import duty risk assessment is a structured process that companies use to systematically identify and quantify the customs risks embedded in their import operations.

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Last updated: 19 June 2026Published: 27 January 2026

Source: https://www.wcoomd.org

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Logistics Concept

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Definition & Explanation

An import duty risk assessment is a structured process that companies use to systematically identify and quantify the customs risks embedded in their import operations. Four core risk categories are examined: classification risk (is the goods' tariff code correct?), valuation risk (will the declared customs value withstand scrutiny?), origin risk (will preferential duty claims be accepted?), and external risk (new anti-dumping measures, sanctions, or import restrictions). The findings feed directly into cost calculations, enabling businesses to price in potential post-clearance demands and close compliance gaps before an audit surfaces them. In trade environments subject to frequent tariff changes or shifting rules of origin, this assessment forms the backbone of sound import cost planning.

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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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