12 Major risks and solutions in Imports and Exports Posted on 10 April 2023 Category : Export The information provided here is part of Export Import Online Tutorial Risks and solutions in International Business This article enlightens you about the various types of risks involved in international business. I have written a couple of articles about the risks and solutions in international trade. However, this article explains in detail about the risks and solutions in import export business. Business always has risk. Right? Risk is one of the hindrances under business. I believe, removal hindrances is success of business. Risk is one of the hindrances in Business. Are there risks involved in international trade? If yes what are they? How many types of risks involved in an international trade? How to overcome each risk in import export trade? In this article, we are discussing about different categories of risks such as Commercial risks in export import, Political risks involved in international business, Risks arising out of foreign laws under import export business, Cargo risks in international trade, Credit risks under export import business and Foreign exchange fluctuations risks in international business. The following are the links of my articles explaining in detail about risks in International business. I hope, you will have a good knowledge about risks in export import trade after reading those articles. Commercial risks and solutions under Export Business Political risks in International Trade Risks arising out of foreign laws in Import Export Business Cargo risks under Imports and Exports Types of Policies to cover credit risks in Import Export Trade Causes influencing price of export goods in Export Trade Credit risks and solutions under International Business Foreign exchange fluctuations risks and solutions in import export Business I hope, I could enlighten you on various risks involved in import export business with solutions. Have you satisfied with the articles about risks in import export business and how can those risks be solved? If you wish to add more information about those articles explaining about risks in international business and their solutions, you can also write below the space provided for it. Share your experience in handling international business risks and the way you have solved such risks in export import business. Comment below your thoughts about these articles about Commercial risks in international business, Political risks in international trade, Risks arising out of foreign laws under international business, Cargo risks under export import business, Credit risks in import export trade and Foreign exchange fluctuations risks The above information is a part of Import Export Training online Risks and solutions in export business RISKS NOT COVERED BY MARINE INSURANCE Foreign Exchange Fluctuation Risks in Export Import Trade What are the credit risks covered and not covered under Standard Policies under Import and Exports Political Risks, one of the threats in International Business Commercial Risks and its solution in Export Import business 12 Major risks and solutions in Imports and Exports Posts about export import online training How to get Export Orders? How to settle dispute in Exports and Imports? Import clearance procedures and formalities Bank finance to exporters as pre shipment finance Pre shipment bank finance to suppliers for exports through other agencies Conditions to get export loans from banks to sub suppliers Click here to know HS code of other product/commodity Click here to know a basic tutorial about HS code (HST code) Difference between Bank Release Order and Bank Delivery Order How to Choose a product for export business What is VACIS exam in US import customs clearance Types of export containers Measurement of export containers Export Import Policy of India 2015-20 MEIS, Merchandise Exports from India Scheme SEIS, Service Exports from India Scheme Merge your Commercial Invoice and Packing List for all your future exports Export procedures and documentation Is DP terms of payment safe in export business? Is Letter of Credit LC safe for an Importer? Is ON BOARD CERTIFICATE required for LC negotiation How to make DA mode of payment safe How to make delay in delivery of Shipment? How to obtain GSP - Certificate of Origin? How to obtain Phyto sanitary certificate. What is phytosanitary certification How to obtain waiver on detention/ demurrage on imported goods/container from Shipping company/CFS What is Manifest Hold by US customs on import What is MET exam in US import customs clearance What is Nominated cargo or Routing order shipment What is NVOCC? How NVOCC can provide better rate than the main shipping carriers What is packing credit in export business? Transferability of Bill of Lading Transhipment - A redefinition Travelers to India under import duty exemption, Frequently Asked Questions Part 2 Triangular export Triangular shipment Types of Insurance Documents. What is Provisional Assessment in Import formalities in India? What is said to contain in Bill of Lading. What is Said to weigh in Bill of Lading What is second appraisement of import clearance procedures GST Exemption list of goods and services Find HSN number or Service tariff code for GST GST registration guidelines Indian GST Laws How to export your goods? Learn exports imports free of cost 4 Conditions when applying for refund of Input Tax Credit (ITC) under GST Difference between types of goods and services and types of GST 4 types of Goods and Services in India for GST rate Difference between IGST on International goods and IGST on domestic goods. How is IGST calculated under Imports? How is IGST rate on imports treated? GST and e-Commerce Business, FAQ Definition of E-Commerce under GST TDS under GST, Frequently Asked Questions Comments Muthukumaran: On 08 May 2014 how to know shipping charges (Air/ship) for exports Surendran Kollerath: On 08 May 2014 Hi Muthukumaran, You can contact Shipping company / Air line Carriers to know the shipping charges Fayyaz: On 06 January 2015 Sir, Can you confirm me please if in a case the consignee dishonored his commitment or dishonored the consignment then what rule will be applicable internationally or where define these type of case in world custom rules or black law dictionary. awaiting yours. Regards, Fayyaz Ramesh: On 12 February 2015 We are planning to export Starch to Germany and Poland, There are import duty exemptions / concessions available for some European countries for export from India based on GSP Form ‘A’.Now I request you to advice is there any duty concession? Neeraj Maithani: On 12 February 2015 There are couple of doubt on the below column, which appear on the BOE, Please provide the definition of these column. BGRate BGAmt BondDebited BGDebited I understand these are applicable during EPCG or DEEC schemes. If it is possible, would you like to share the BOE and CHA Checklist in which above mentioned field display the value jalaj tripathi : On 16 February 2015 Starting export business as proprietor or private limited ,which will be more beneficial to do.please reply as i m on my way to be exporter . I have done Graduation and post graduation in International Business as specialization .i request you to join my gang . Jaspal singh: On 18 April 2015 I am doing graduation .and i am 19 only should i start this business now or should start later ..please give me some advise i need a expert's advise .. m.k.kishore: On 21 April 2015 hard wood charcoal hs code 44029090 whether export allowed from india is there any notification kindly advise Abhishek: On 09 May 2015 Hello to All, I want to export Paneer, Milk and other Milk Products. I want to know about the required documents to export these type of products. R.C.Karthick: On 14 May 2015 Hai Sir / Madam , I am planning to start a business in low budget. Import the products from foreign countries and then sell the products in our India with my own brand name. Mainly Electronics and Mechanical goods. i need the suggestion , advice and tips .mainly i need guide to import the goods without any problem in foreign and here (India). contact detail:karthick5143@gmail.com karthik: On 20 May 2015 Dear sir/madam, I want to do export business(vegatables and fruits).what are the ways for getting buyers.what are the procedure for sending these materials from india. what are the documents needed for export.Also tell me about safe payment mode.kindly reply Prashant ghatage: On 18 July 2015 plz advise how to calculate duty draw back Amt Mohamed Nayeem: On 25 August 2015 Sir can you informe me which are the countries dont need Who certified and registration to import Pharma in their countries. List of countries there are lot of pharma in India very small and dont have Who certification Jabed: On 30 December 2015 Thanks Bhautik: On 04 January 2016 Hello sir, I am 19 years only. Should i start export business now. Gokul: On 12 January 2016 Dear All, I am MBA Graduate and am intrested in doing Export and import business.. i need a Guidence from you people from the basic level.. kindly requesting you to train me exports and imports.. am ready to join as (intern/trainee) gokulhr831@gmail.com nikunj saraf: On 08 March 2016 procedure for importing the steel pipes from china and japan , and what are the legal papers needed for importing and what are the taxes to be paid for importing the iron steel pipes mohit: On 25 March 2016 Hello sir, I am gradute engineer. Should i start export business now.which type of risk in this business? yash pal bhola : On 21 April 2016 Dear sir we are importing coating and supply to controlled atmospheric cold storage people. Some customer saying Govt giving exemption for that what we have to do please suggest. M Rahman: On 10 August 2016 We are new launching import export firm based in maharashtra, our major concentration is on export to abroad in various commodities kindly provide me your contact details for further communication, your response can help us to make our vision wider. John Botha : On 10 August 2016 MY name is John Botha living in England and I just want to say thank you for this information/course you have made available. I am starting an import export business and have not found any help until i saw your course. I had no knowledge, so it has been a tremendous help to me in learning all about the industry, and I just wanted to let you know I appreciate all your hard work and dedication. Balraj Baptist : On 12 August 2016 My Name is Balraj from India (Basically mysore) settled in Mumbai and at present working in West Africa, I would like start import export Concern in India like home base business, My humble request can you help me how to set up business. Really I will appreciate your helping hand. devashish mehra : On 16 August 2016 I went through your website and i found it very interesting and useful. I am planning to start an import export bussiness so i want your guidance regarding that. Kindly show me. Manish Singh Parihar : On 17 August 2016 I have gone through on website and I am planning to start export import business. manoj sankhlecha : On 17 August 2016 I have done B.com and MBA in International trade. I saw your blog howtoexportimport.com. I want to learn import/export business under your guidance. Sriram Balaji : On 17 August 2016 I came across your website while browsing for information on how to start import & export business from Bangalore. I read through some of the information from your website and found to be very helpful. Further, I request your guidance on starting this business which I always dreamt of. Please let me know if you can mentor this dream of mine to succeed in this business upon which I will start working on the business plan based on your valuable input and feedback. Bhalchandra Pawar : On 12 June 2017 My self Bhalchandra Pawar looking forward to Export of pharmaceuticals/Medicines and chemicals. I have my own firm and having experience in international logistics and export management. i am in confusion how to start this business. Subbarao : On 15 July 2017 I am looking for expert advise on import and also export. I am planning to import copper scrap from England and sell in india. I want to know what is the requirement for clearing the container at Indian port for metal scrap copper wire scrap. I am also planning to reexport the imported copper wire scrap. I don't stock and sell. Entire container will go to my overseas customer. In this case can I get custom duty exemption. syed Aneesul Hasan: On 04 September 2017 i want expot tea powder from India. Further any other product from india. i have ied code liecence from Hyderaabad. Guide me to run the business to Saudi Arabia. amarendra sharma: On 24 September 2018 IMPORT EXPORT DATA Mohd Hussain: On 23 November 2021 Importer from Ghana is asking us to validate us as a verified supplier from ACCRA Ghana Court by charging us with a fee of around 500 DOLLAR (Company/Products Registration Fee Of $375.00 And Supply Validation Fee Of $120.00 (Which Agent Will Paid Them In Court To Register And Validates Your Company As A Foreign Company, Non Registered Firm In Ghana And First Time Supplier) to be paid to the agent to get our self verified Is this true ritesh: On 02 July 2022 I have been exporting spices in different countries since 2018. Recently I faced some problems while completing our last order, so I have some queries regarding that. I found your email address on internet and I would like to consult you regarding the same. It would be convenient for me if we can have telephonic conversation, if possible. I will be waiting for your reply as soon as possible. ganesh: On 04 July 2022 I happen to see your writings in web... Your service in guiding for business people in the business of imports and exports is remarkable... In my case...we were regularly importing materials from China from two sources... After few trades one seller received our advance payment n not moved the materials.... We We Chat with him many a times and he says he will send the material .... But no material was moved....now he is not replying... Kindly guide me... What should I do to get back my advance payment... Hope to receive a valuable reply from your good selves nishanth: On 05 July 2022 1)I have one doubt regarding advance payment (30%)made against one of our import consignment which was received on port but due to poor quality, goods are to be returned back from port itself since it was not as per intended sample but issue is that our supplier from overseas is not ready to make payment back to us hence I am worried that is there any dispute arise from FEMA or any other act for this payment and we made payment against PI only so is there any legal action may be initiated against us for this payment? 2) Secondly, my supplier is not making our payment back, what legal action i can initiate against it in this case? Amitkumar Thakorbhai Patel : On 21 November 2023 Good evening Hellow sir could you guide me against how to start a export import business .