GlossaryEN1 min readUpdated: Jun 10, 2026

Import Risk Management

In Import Risk Management, customs brokers, freight forwarders, and importers collaborate to identify and control all hazards inherent in goods importation.

Last updated: 10 June 2026Published: 19 June 2025

Source: https://www.wcoomd.org/en/topics/enforcement-and-compliance/overview/risk-management

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In Import Risk Management, customs brokers, freight forwarders, and importers collaborate to identify and control all hazards inherent in goods importation. These span regulatory compliance (tariff codes, sanctions screening, product standards), financial exposure (payment defaults, currency swings), security threats (customs liability recovery, cargo tampering), and operational disruptions (port delays, document errors, carrier strikes). The discipline follows a systematic cycle: identify hazards → assess likelihood and impact → deploy controls (contractual terms, real-time monitoring, insurance, process redesign). Success means reducing residual risk to acceptable levels, not eliminating it entirely—an impossibility in cross-border trade.

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Import Risk Management

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Import Compliance Risk Management

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Import Cargo Screening Systems

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