Te risks in export business

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Risks in Export Business Political & commercial Risks

Arise in the country of import due to

-local tax, tariff, customs & import laws-Restriction on repatriation of funds-Change in political situation-Change in economic situation

19/11/2012Courtsey www.ThinkExport.com1

19/11/2012www.ThinkExport.com1Risks in Export BusinessCompliance to Foreign regulations & standards

Arise when goods dont meet the local countries import/ regulatory requirements as food products, electrical products, pharmaceuticals, marking as CE .19/11/2012Courtsey www.ThinkExport.com2

219/11/2012www.ThinkExport.comRisks in Export BusinessCultural & Language Differences

Most of the international deals that dont conclude are not due to the deficiency in product, but due to the misunderstanding of the culture & lack of personal adaptability.19/11/2012Courtsey www.ThinkExport.com3

www.ThinkExport.com19/11/2012www.ThinkExport.com3Risks in Export BusinessNon Payment by Foreign Buyer

This is the first & foremost fear that an exporter has while conducting business on foreign soils.19/11/2012Courtsey www.ThinkExport.com4

Risks in Export BusinessCurrency Exchange Risks

Arise due to the currency exchange fluctuations between the date of proforma invoice & the date of remittance.

19/11/2012Courtsey www.ThinkExport.com5

Risks in Export BusinessDamage to Goods In Transit

May arise due to improper packaging, mishandling, pilferage, unfavourable sailing conditions etc.19/11/2012Courtsey www.ThinkExport.com6

Risks in Export BusinessIntellectual Property Rights

May arise due to local law conditions not conducive to protect intellectual property rights.19/11/2012Courtsey www.ThinkExport.com7

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