GlossaryEN1 min readUpdated: Jun 18, 2026
Risk assessment
Before deciding whether to inspect or release a consignment, customs authorities routinely perform a risk assessment to identify and rank potential hazards.
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Source: https://www.iso.org/iso-31000-risk-management.html
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Definition & Explanation
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.
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